Billionaire Profile
Jerry Moyes & family
Global Rank
#2187

Image: Public domain | via Wikimedia Commons

Jerry Moyes & family

CEO, Knight-Swift Transportation Holdings
US
Real-Time Net Worth
$1.7B
As of December 2025
Age
81
Source
Transportation
Industry
logistics
Citizenship
US

Biography

Jerry Moyes, an 81-year-old American entrepreneur, is renowned for founding Swift Transportation in 1966, a company that has since become a cornerstone of the transportation and logistics industry. Starting with a single truck, Moyes built Swift into one of the largest truckload carriers in the U.S., generating billions in revenue. His wealth source is primarily from Transportation, and his career is marked by significant achievements in the trucking industry. Moyes has ten children and resides in Tolleson, Arizona, continuing his legacy of leadership and family values.

Wealth Over Time

In-Depth Profile

Early Life

Jerry Moyes was born in January 1944, in Plain City, Utah. Growing up in a small farming community instilled in him a strong work ethic. His father was in the trucking business, which gave Jerry early exposure to the industry. He attended Weber State College, graduating with a degree in business in 1966.

Rise to Success

In 1966, Jerry Moyes, along with his father, Carl, and brother, Ronald, started Common Market, which later became Swift Transportation. Starting with one truck, hauling cotton and steel, Moyes expanded the business significantly. By 1984, he became president, chairman, and CEO, growing Swift to $25 million in annual revenues. Under his leadership, Swift expanded through acquisitions, including Cooper Motor Lines in 1988 and M.S. Carriers in 2001. In 1990, Swift went public, further fueling its growth.

Key Business Strategies

Moyes focused on strategic acquisitions to grow Swift. He also emphasized excellent customer service and a commitment to safety. Swift's focus on short- and medium-haul routes and driver satisfaction contributed to its success. The merger with Knight Transportation in 2017, created Knight-Swift, solidifying its position in the transportation sector.

Philanthropy

The Moyes family is involved in philanthropic efforts, including significant donations. They established the Jerry & Vickie Moyes Center for Supply Chain Excellence at Weber State University and supported the construction of pediatric facilities at Phoenix Children's Hospital in Glendale. The Moyes also started Swift Charities and a scholarship program for students in his hometown in Utah.

Career Milestones

1966

Founded Swift Transportation

Started trucking business with one truck, hauling cotton and imported steel.

1984

Became President, Chairman, and CEO of Swift

Took leadership of Swift Transportation and grew the company significantly.

1990

Swift Goes Public

Swift Transportation went public on the NASDAQ, increasing its visibility and capital.

2017

Merger with Knight Transportation

Swift merged with Knight Transportation, forming Knight-Swift.

Philanthropy & Social Impact

Education

Jerry & Vickie Moyes Center for Supply Chain Excellence

$5M

Donated to Weber State University to establish a supply chain management program.

Healthcare

Phoenix Children's Hospital

$5M

Supporting the health system's initiatives aimed at providing accessible pediatric healthcare for families in the West Valley.

Employee and Community Support

Swift Charities

Unknown

Supports employees facing hardship, provides scholarships, and supports local charitable organizations.

Business Philosophy & Leadership

Notable Quotes

"Do what you know how to do, and do it well."

Leadership Principles

Work Ethic

Instilling a strong work ethic, which was crucial to the company's success.

Family Orientation

Family values are very important to them and have been a central tenet.

Giving Back

From the beginning, giving back has been a way of life for the Moyes family.

Controversies & Challenges

2005

Insider Trading Investigation

Moyes resigned as CEO after settling an insider trading case with the SEC. He did not admit to any wrongdoing, and paid a $1.25 million settlement.