Insights

February 10, 2024

Celebrating Black History Month

At Swivel, we firmly believe in the power and necessity of diversity within our team and our extensive network. As we celebrate Black History Month, we not only reflect on the monumental contributions and achievements of members of the Black Community but also recognize the essential role these contributions play […]
January 8, 2024

MLK Day

For MLK Day, Swivel honors the journey towards equality and reflects on how it resonates with every load we deliver. Dr. Martin Luther King Jr.’s relentless pursuit of civil rights and equality is a beacon that guides our commitment to service. Just as Dr. King moved forward with unwavering dedication, […]
January 4, 2024

Truckload supply and demand on collision course in 2024

Trucking demand is up while capacity is down since this time last year. This statement by itself means that the transportation market is healthier, but it also suggests that 2024 should be better in aggregate as the gap between supply and demand narrows quickly. Truckload demand is barely a shadow […]
January 4, 2024

Maersk suspends shipping through key Red Sea maritime trade route ‘until further notice’

Maersk has suspended shipping through the Red Sea and Suez Canal — one of the world’s most important maritime trade routes — “until further notice” as it continues to review security following an attack on one of its vessels. The extended suspension reflects concern among international shipping giants about attacks on ships […]
October 24, 2023

United Airlines’ cargo gain undermined by low rates – FreightWaves

United Airlines saw cargo revenue drop 33% year over year in the third quarter to $333 million, as the weak air cargo market continued to take a toll on the top line for freight. The contraction in cargo sales was hardly noticed by investors on Tuesday as United punched its […]
August 30, 2023

Mom and pops are taking significant share of trucking industry

Trucking is among the most fragmented industries on the planet. Growing up, I was told that there would be massive consolidation in the trucking industry following deregulation in 1980. Instead, the opposite has happened. This chart shows the growth in the number of individual trucking fleets from 2008 to now. […]
August 14, 2023

No Violations on 81% of CMVs in International Roadcheck

11,270 Vehicles, 3,256 Drivers Restricted From Service More than 81% of commercial motor vehicles and 94% of drivers inspected during International Roadcheck in May did not have any out-of-service violations during this year’s 72-hour special enforcement effort conducted by Commercial Vehicle Safety Alliance inspectors in the United States, Canada and […]
August 14, 2023

Forward Air Plans Merger With Omni Logistics

Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction. Omni is a privately owned asset-light, high-touch logistics and supply chain management company headquartered in Dallas that is ranked No. 38 on the Transport Topics Top 100 […]
July 31, 2023

WIM Women in motion

The purpose of Women in Motion (WIM) is to promote and support the advancement of women in the trucking industry by providing access to robust training, mentorship, and networking programs, advocating for policies and practices that create a level playing field for women in the industry, and fostering communication and […]