NEW YORK (TheStreet) -- Shares of Swift Transportation (SWFT) were gaining 5.3% to $22.47 on heavy trading volume Tuesday after the trucking company reported its second quarter results.

Swift Transportation reported earnings of 37 cents a share for the second quarter, in line with analysts' estimates for the quarter. Revenue fell 1.6% year over year to $1.06 billion for the quarter, compared to analysts' estimates of $1.1 billion.

Truckload revenue fell to $555.7 million in the second quarter, down from $575.5 million in the second quarter of 2014. CRS revenue fell to $97.7 million from $106.9 million in the year-ago quarter.

About 3.4 million shares of Swift Transportation were traded by 12:33 p.m. Tuesday, above the company's average trading volume of about 2.2 million shares a day.

TheStreet Ratings team rates SWIFT TRANSPORTATION CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate SWIFT TRANSPORTATION CO (SWFT) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself."

You can view the full analysis from the report here: SWFT Ratings Report

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