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SWIFT TRANSPORTATION CO. INC. REPORTS REVENUES, EARNINGS FOR FIRST QUARTER

 SPARKS, Nev., April 19 /PRNewswire/ -- Swift Transportation Co. Inc. (NASDAQ-NMS: SWFT) announced today revenues and earnings for the first quarter ended March 31, 1993.
 Revenues for the first quarter increased 8.9 percent to $58.9 million, compared with $54.1 million for the corresponding period in 1992. Net earnings were $1.3 million compared to $1.6 million for the corresponding quarter one year ago. Revenues for the first half of the quarter were adversely affected by severe weather conditions and overall softness in retail merchandise levels. Revenues for the second half of the quarter increased as a result of an upturn in traffic levels.
 The shares used in the earnings per common share calculation increased to 8,340,000 at March 31, 1993, from 7,374,000 at March 31, 1992. Net earnings were 16 cents per share for the quarter ended March 31, 1993, as compared to 22 cents per share for the quarter ended March 31, 1992.
 Revenues increased because of the continued fleet expansion to 1,926 tractors as of March 31, 1993, compared to 1,742 as of March 31, 1992.
 SWIFT TRANSPORTATION CO. INC.
 (Consolidated. Unaudited)
 (In thousands except per share amounts)
 Three Months
 Periods Ended March 31, 1993 1992
 Operating revenues $58,925 $54,106
 Operating expenses:
 Salaries, wages & benefits 24,874 22,622
 Operating supplies & exp. 5,882 5,491
 Fuel & fuel taxes 9,536 8,315
 Purchased transportation 798 652
 Rental expense 5,914 5,581
 Insurance and claims 2,426 1,613
 Depreciation and amortization 3,432 2,948
 Communication and utilities 969 872
 Operating taxes and licenses 2,821 2,738
 Total operating expenses 56,652 50,832
 Operating income 2,273 3,274
 Interest expense (net) 174 643
 Other income (122) (74)
 Earnings before income tax 2,221 2,705
 Income taxes 885 1,101
 Net earnings 1,336 1,604
 Earnings per share .16 .22
 Shares used in primary per share
 calculations 8,340 7,374
 -0- 4/19/93
 /CONTACT: Jerry Moyes, president, or Bill Riley, CFO, of Swift Transportation Co., 702-359-9031/
 (SWFT)


CO: Swift Transportation Co. Inc. ST: Nevada IN: TRN SU: ERN

MS-JB -- LA012 -- 7379 04/19/93 12:12 EDT
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Date:Apr 19, 1993
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