1 New York Investor Meeting February 9, 2006 Forward-lookingForward-looking StatementStatement DisclaimerDisclaimer Today’s presentations and discussions will contain forwarding-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “anticipates,” “intends,” estimates,” or similar expressions are intended to identify these forward-looking statements. These statements are based on Swift Transportation’s current plans and expectations and involve risks and uncertainties that could cause future activities and results of operations to be materially different from those set forth in the forward-looking statements. For further information about these risks and uncertainties, please refer to Swift Transportation’s reports and filings with the Securities and Exchange Commission. 3 PresentationPresentation SummarySummary ff WelcomeWelcome && OverviewOverview Bob Bob Cunningham,Cunningham, CEOCEO andand PresidentPresident ff SalesSales Mark Mark Martin,Martin, ExecutiveExecutive ViceVice PresidentPresident ff NetworkNetwork ManagementManagement Jeff Jeff Riley,Riley, ExecutiveExecutive ViceVice PresidentPresident ff OperationsOperations Richard Richard Stocking,Stocking, ExecutiveExecutive ViceVice PresidentPresident ff BreakBreak ff IntermodalIntermodal Mark Mark Young,Young, EVPEVP IntermodalIntermodal ff SummarySummary andand GoalsGoals Bob Bob Cunningham,Cunningham, CEOCEO andand PresidentPresident && GlynisGlynis Bryan, Bryan, ExecutiveExecutive ViceVice PresidentPresident andand CFOCFO ff QuestionsQuestions && AnswersAnswers ff LunchLunch withwith ManagementManagement TeamTeam 4 StrongStrong ManagementManagement TeamTeam Bob Cunningham President and CEO Glynis Bryan Jeff Riley Richard Stocking Mark Martin EVP and CFO EVP – Western Region EVP – Central Region EVP – Eastern Region Sam Cowley Steve Attwood Barbara Kennedy Michele Calbi EVP and General Vice President Vice President Vice President Counsel Mark Young Bob Lyman Mike Ruchensky EVP - Intermodal VP Mexico Operations VP – CIO Seasoned management team highly focused on operational improvements 5 CompanyCompany HistoryHistory ffFoundedFounded inin 19661966 withwith 11 trucktruck inin Phoenix,Phoenix, AZAZ ffLargestLargest publiclypublicly tradedtraded truckloadtruckload transportationtransportation companycompany ApproximatelyApproximately 18,00018,000 tractors,tractors, 52,00052,000 trailerstrailers andand 20,00020,000 driversdrivers ffHistoryHistory ofof strongstrong growthgrowth 22%22% CAGRCAGR inin revenuerevenue sincesince 19901990 IPOIPO 20%20% CAGRCAGR inin netnet earningsearnings sincesince IPOIPO ffComprehensiveComprehensive NorthNorth AmericanAmerican serviceservice networknetwork OrganizedOrganized regionallyregionally utilizingutilizing decentralizeddecentralized managementmanagement structurestructure 3333 majormajor terminalsterminals inin thethe USUS andand MexicoMexico ffRecentlyRecently announcedannounced expansionexpansion ofof IntermodalIntermodal businessbusiness withwith acquisitionacquisition ofof 5,3005,300 containerscontainers 6 $600$600 BillionBillion TruckloadTruckload MarketMarket Truckload Industry $620 Billion* in Revenue for 2005 Top Truckload Carriers ($ in millions) 2005 Company Revenue $300B 1. Schneider National $3,500 2. Swift Transportation 3,197 $320B 3. J.B. Hunt 3,128 4. Landstar System 2,518 5. Werner Enterprises 1,972 6. U.S. Xpress Enterprises 1,164 For-Hire Truckload Private Fleet Truckload 7. Covenant Transport 643 8. Knight Transportation 567 9. Heartland Express 524 10. Celadon 437 Total of Top 10 $17,650 2.8% *Estimated based on ATA Reported 2004 numbers of $600B with 3% growth 7 TruckloadTruckload IndustryIndustry DynamicsDynamics CostCost PressuresPressures ffDriverDriver ShortageShortage Disadvantages DriverDriver WagesWages RecruitmentRecruitment CostsCosts TrainingTraining ExpensesExpenses Pressure on OR ffFuelFuel CostsCosts UnpredictableUnpredictable spikesspikes ffEPAEPA CompliantCompliant EnginesEngines EquipmentEquipment CostCost FuelFuel EfficiencyEfficiency Advantages UltraUltra LowLow SulfurSulfur FuelFuel ffHoursHours ofof ServiceService RulesRules Tight Capacity ffInsuranceInsurance Private Fleet Conversions 8 MarketMarket EnvironmentEnvironment Favorable Advantages of Current Market + Environment for Cost Pressures Characteristics = Large TL Carriers Tight Capacity Strong GDP Leverage to Increase Rates and Private Fleet Increasing Imports Fuel Surcharge to Conversions from Pacific Rim Cover Costs Shippers Need Ability to be More Large Carriers Selective with Freight 9 TheThe OldOld SwiftSwift The The NewNew SwiftSwift FocusFocus Top Line Growth Bottom Line Growth ffTruckTruck growthgrowth whilewhile ffIncreaseIncrease raterate andand fuelfuel productivityproductivity perper tractortractor waswas surchargesurcharge revenuesrevenues belowbelow peerspeers ffIncreaseIncrease utilizationutilization andand ffFlatFlat operatingoperating ratioratio increaseincrease returnreturn onon equipmentequipment ffReduceReduce deadheaddeadhead ffCostCost containmentcontainment ffAccountabilityAccountability 10 TheThe OldOld SwiftSwift The The NewNew SwiftSwift FocusFocus All Freight is Good Freight Network Management ffIfIf thethe trucktruck waswas moving,moving, wewe ffPrioritization/optimizationPrioritization/optimization werewere happyhappy toolstools ffAcceptedAccepted loadsloads thatthat werewere ffMicromapMicromap notnot optimaloptimal forfor ourour networknetwork ffBalancedBalanced loadsloads withwith priceprice andand traffictraffic laneslanes andand fitfit ffAcceptedAccepted loadsloads thatthat werewere notnot adequatelyadequately pricedpriced 11 TheThe OldOld SwiftSwift The The NewNew SwiftSwift FocusFocus Trucks, More Trucks Active Fleet Management ffExcessiveExcessive emphasisemphasis onon ffManagingManaging fleetfleet sizesize throughthrough fleetfleet growthgrowth troughstroughs andand peakspeaks inin demanddemand ffAcquiredAcquired truckstrucks inin slowslow periodsperiods ffMinimalMinimal newnew truckstrucks inin thethe firstfirst quarterquarter ffProactiveProactive tradetrade cyclecycle 12 TheThe OldOld SwiftSwift The The NewNew SwiftSwift FocusFocus Unrelated Service Core, Complementary Offerings Businesses ffAutohaulAutohaul ffSoldSold AutohaulAutohaul April April 20052005 ffTruckTruck DeliveryDelivery ffSoldSold thethe assetsassets ofof TruckTruck DeliveryDelivery JanJan 20062006 ffGrowthGrowth inin DedicatedDedicated ffGrowthGrowth inin IntermodalIntermodal ffGrowthGrowth inin MexicoMexico 13 TheThe OldOld SwiftSwift The The NewNew SwiftSwift FocusFocus Bulk Fueling Smart Fueling ffGoalGoal toto purchasepurchase ffOpti-stopOpti-stop exclusivelyexclusively fromfrom SwiftSwift bulkbulk ffIdleIdle fuelfuel initiativesinitiatives facilitiesfacilities Out-of-routeOut-of-route mileagemileage ffFuelFuel savingsaving initiativesinitiatives MoreMore expensiveexpensive inin somesome In-cabIn-cab heatersheaters locationslocations APU’sAPU’s TrailerTrailer configurationsconfigurations 14 TheThe OldOld SwiftSwift The The NewNew SwiftSwift FocusFocus Heavy Brick & Mortar Terminal Network Review ffExcessiveExcessive facilitiesfacilities ffClosedClosed twotwo terminalsterminals ––Pueblo, Pueblo, ColoradoColorado ffUnnecessaryUnnecessary costscosts ––Willows, Willows, CaliforniaCalifornia ffClosedClosed Corsicana,Corsicana, TXTX shopshop ffOptimizedOptimized serviceservice hourshours atat eacheach terminalterminal locationlocation ffOn-goingOn-going facilityfacility reviewreview andand rationalizationrationalization 15 TheThe OldOld SwiftSwift The The NewNew SwiftSwift FocusFocus 5-Year Truck Life 4-Year Truck Life ffOlderOlder fleetfleet ffOperationalOperational tractortractor fleetfleet ageage ofof 2.32.3 yearsyears goinggoing downdown ffHigherHigher maintenance cost ffLowerLower maintenancemaintenance costscosts ffUnhappyUnhappy driversdrivers ffImprovedImproved driverdriver satisfactionsatisfaction 16 TheThe OldOld SwiftSwift The The NewNew SwiftSwift FocusFocus ffTopTop LineLine GrowthGrowth ffBottomBottom LineLine GrowthGrowth ffAllAll FreightFreight isis GoodGood FreightFreight ffNetworkNetwork ManagementManagement ffTrucks,Trucks, MoreMore TrucksTrucks ffActiveActive FleetFleet ManagementManagement ffUnrelatedUnrelated ServiceService OfferingsOfferings ffCore,Core, ComplementaryComplementary BusinessBusiness ffBulkBulk FuelingFueling ffSmartSmart FuelingFueling ffHeavyHeavy BrickBrick && MortarMortar ffTerminalTerminal NetworkNetwork ReviewReview ff5-year5-year TruckTruck LifeLife ff4-year4-year TruckTruck LifeLife 17 2005 Recap 20052005 SuccessesSuccesses ffSolidifiedSolidified newnew operationaloperational modelmodel 19 RegionalRegional ManagementManagement TeamTeam Bob Cunningham President and CEO Jeff Riley Richard Stocking Mark Martin EVP – Western Region EVP – Central Region EVP – Eastern Region Network Mgmt Lead Operations Mgmt Lead Sales Lead Open David Bowers Tim Guin Sales Sales - West Sales - Central Sales – East Mark Martin Jim Fitzsimmons Larry Johnson Tom Slater Network Network Mgmt Network Mgmt Network Mgmt Mgmt Jeff Riley Robert VanEaton Dale Cooley Tom Farrell Network Mgmt Network Mgmt Network Mgmt Operations Richard Pete Greenfield Mike Jackson Ken Runnels Stocking Operations Mgmt Operations Mgmt Operations Mgmt 20 20052005 SuccessesSuccesses ffSolidifiedSolidified newnew operationaloperational modelmodel ffFocusFocus onon bottom-linebottom-line wellwell establishedestablished ffSuccessfullySuccessfully