Swift Transportation SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Swift Transportation, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Swift Transportation to benchmark its business & performance as compared to the competitors, and make strategic improvements. Swift Transportation is one of the leading brands in the transport and logistics sector.
The article below lists the Swift Transportation SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Swift Transportation SWOT Analysis:
In this article:
For Swift Transportation, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
The strengths of Swift Transportation looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Swift Transportation :
1. High entry barriers
2. Its customers include Walmart, Quaker, FedEx ,Lowe’s
3. Disciplined culture of trust, safety and service
4. The business units are experienced
5. Monetary assistance provided by the government
6. The total number of employees are approx 17000
7. Over 16,000 trucks in the fleet make it one of the largest in US
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Swift Transportation SWOT Analysis:
1. Competitive market impacts profitability
2. Increasing unknown costs
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Swift Transportation SWOT Analysis:
1. High growth rate in this business
2. Possible entry in the emerging markets
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Swift Transportation are as mentioned:
1.Rising costs of raw materials
2. External business risks
3.Uncertain price changes and unstable prices
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Swift Transportation:
1. J.B. Hunt Transport Services
2. Werner Enterprises, Inc
3. Landstar System
Hence this concludes the Swift Transportation SWOT analysis.
Continue reading more about the brand/company.
|Swift Transportation Overview|
Truckload shipping carrier
Delivering a better life
Largest truckload carrier in the US
|Swift Transportation STP|
Businesses needing shipping services
Best in class transportation solutions
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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