PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
         SAFE HARBOR COMPLIANCE STATEMENT FOR FORWARD-LOOKING STATEMENTS

         In passing the Private  Securities  Litigation  Reform Act of 1995 (the
"PSLRA"),   Congress  encouraged  public  companies  to  make   "forward-looking
statements"1 by creating a safe-harbor to protect  companies from securities law
liability in connection with  forward-looking  statements.  Swift Transportation
Co., Inc. ("Swift") intends to qualify both its written and oral forward-looking
statements for protection under the PSLRA.

         To qualify oral  forward-looking  statements for  protection  under the
PSLRA, a readily available written document must identify important factors that
could   cause   actual   results  to  differ   materially   from  those  in  the
forward-looking   statements.   Swift  provides  the  following  information  in
connection with its continuing effort to qualify forward-looking  statements for
the safe harbor protection of the PSLRA.

         Important factors currently known to management that could cause actual
results to differ materially from those in forward-looking  statements  include,
but are not  limited to, the  following:  (i) excess  capacity  in the  trucking
industry;  (ii)  significant  increases  or rapid  fluctuations  in fuel prices,
interest rates, fuel taxes,  tolls,  license and registration fees and insurance
premiums,  to the  extent  not  offset by  increases  in  freight  rates or fuel
surcharges;  (iii) difficulty in attracting and retaining  qualified drivers and
owner  operators,  especially  in light of the  current  shortage  of  qualified
drivers and owner operators;  (iv) recessionary economic cycles and downturns in
customers' business cycles, particularly in market segments and industries (such
as  retail  and  manufacturing)  in which the  Company  has a  concentration  of
customers;  (v) seasonal factors such as harsh weather  conditions that increase
operating costs; (vi) increases in driver  compensation to the extent not offset
by increases in freight rates; (vii) the inability of the Company to continue to
secure acceptable financing  arrangements;  (viii) the ability of the Company to
continue  to identify  acquisition  candidates  that will  result in  successful
combinations;  (ix) an unanticipated  increase in the number of claims for which
the Company is self insured;  and (x) a significant  reduction in or termination
of the Company's trucking services by a key customer.

Forward-looking   statements   express   expectations  of  future  events.   All
forward-looking statements are inherently uncertain as they are based on various
expectations  and assumptions  concerning  future events and they are subject to
numerous  known and unknown  risks and  uncertainties  which could cause  actual
events or  results  to differ  materially  from  those  projected.  Due to these
inherent  uncertainties,  the  investment  community is urged not to place undue
reliance  on  forward-looking  statements.  In  addition,  Swift  undertakes  no
obligation to update or revise  forward-looking  statements  to reflect  changed
assumptions,  the occurrence of  unanticipated  events or changes to projections
over time.

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(1)    "Forward-looking  statements"  can be  identified by use of words such as
       "expect," "believe,"  "estimate,"  "project,"  "forecast,"  "anticipate,"
       "plan," and similar expressions.