This press release contains statements that may constitute forward-looking statements, which are based on information currently available and only speak as of the date the statement was made. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements concerning: our estimated ranges of GAAP Diluted EPS and Adjusted EPS for the first two quarters of 2017; and the operating environment in the second quarter of 2017.Such forward-looking statements are inherently uncertain, and are based upon the current beliefs, assumptions and expectations of Company management and current market conditions, which are subject to significant risks and uncertainties, as set forth in the Risk Factors section of our Annual Report on Form 10-K for the year ended December 31, 2016. As to the Company's business and financial performance, the following factors, among others, could cause actual results to materially differ from those in forward-looking statements: • economic conditions, including future recessionary economic cycles and downturns in customers' business cycles, particularly in market segments and industries in which we have a significant concentration of customers; • increasing competition from trucking, rail, intermodal, and brokerage competitors; • our ability to execute or integrate any future acquisitions successfully; • increases in driver compensation to the extent not offset by increases in freight rates and difficulties in driver recruitment and retention; • additional risks arising from our contractual agreements with owner-operators that do not exist with Company drivers; • our ability to retain or replace key personnel; • our dependence on third parties for intermodal and brokerage business; • potential failure in computer or communications systems; • seasonal factors such as severe weather conditions that increase operating costs; • the regulatory environment in which we operate, including existing regulations and changes in existing regulations, or violations by us of existing or future regulations;
• the possible re-classification of owner-operators as employees;• changes in rules or legislation by the National Labor Relations Board, Congress, or states, and/or union organizing efforts; • our Compliance Safety Accountability rating; • government regulation with respect to our captive insurance companies; • uncertainties and risks associated with our operations in Mexico; • a significant reduction in, or termination of, our trucking services by a key customer; • our significant ongoing capital requirements; • volatility in the price or availability of fuel, as well as our ability to recover fuel prices through our fuel surcharge program; • fluctuations in new and used equipment prices or replacement costs, and the potential failure of manufacturers to meet their sale and trade-back obligations; • the impact that our leverage may have on the way we operate our business and our ability to service our debt, including compliance with our debt covenants; • restrictions contained in our debt agreements; • adverse impacts of insuring risk through our captive insurance companies, including our need to provide restricted cash and similar collateral for anticipated losses; • potential volatility or decrease in the amount of earnings as a result of our claims exposure through our captive insurance companies and third-party insurance; • the potential impact of the significant number of shares of our common stock that is eligible for future sale; • goodwill impairment; • that we do not currently pay dividends; • the significant amount of our stock owned by Jerry Moyes and the related control over the Company; • related-party transactions between the Company and Jerry Moyes; and • conflicts of interest or potential litigation that may arise from other businesses owned by controlling shareholder and board member, Jerry Moyes, including pledges of Swift stock and guarantees by Jerry Moyes related to other businesses.