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There are three safety ratings assigned to motor carriers: "satisfactory," which Swift has historically maintained; "conditional," which means that there are deficiencies requiring correction, but not so significant to warrant loss of carrier authority; and "unsatisfactory," which is the result of acute deficiencies and would lead to revocation of carrier authority. There are three safety ratings applied to motor carriers: satisfactory, which Swift has historically maintained; conditional, which means that there are deficiencies requiring correction, but not so significant to warrant loss of carrier status; and unsatisfactory, which is the result of acute deficiencies and would lead to loss of carrier status. The flat sequential performance is due partly to the loss of carrier data service (IP, Frame Relay, ATM, and Private Line) customers because of bankruptcies and disconnections; however, this shortfall was offset by the strong performance of the Company's carrier voice business, which increased 10% sequentially to $287 million due to accelerating growth in minutes and a smaller decline in average revenue per minute. |
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