The FreightWaves executive team and panel of experts have collectively managed over $60B in freight contracts and deeply understands the market volatility challenges within the trucking and logistics industry. Coupled with a team of veteran trading exchange and regulatory executives, the FreightWaves team is creating a solution that solves for an unserved and highly addressable market need – trucking rate and capacity volatility.
Craig Fuller: CEO & Managing Director
Craig is a serial entrepreneur that has built two successful businesses that served the long-haul trucking industry. One was Xpress Direct, the surge capacity/on-demand provider of US Xpress. XD did $144MM in revenue within its second year of operation and based pricing completely on a proprietary spot market business model. The other, Transfund$/TransCard was a fleet card provider that provided long-haul trucking companies with fuel card payment services, combining GPS location and fraud analytics to prevent fuel-fraud. This business was sold to US Bank.
Dan Piscatelli: Chief Financial Officer
Having served as the head of Mergers and Acquisitions for Morningstar, a leading investment data, research, ratings and investment management solutions provider for financial markets worldwide, Piscatelli offers extensive experience in capital markets information, data, and news.
Dean Croke: Chief Analytics Officer
Prior to joining FreightWaves, Dean was Vice President of Data Products at Spireon where he headed up the development of new high-frequency telematics data products. Dean also ran Lancer’s long-haul truck insurance business after spending many years as Vice President of Omnitracs Analytics where he developed Data Science technologies including machine learning, complex business rules engines and data analytics for transportation companies.
John Kingston: Executive Editor
John had a more than 30-year career with McGraw-Hill/S&P Global, with most of his time at the Platts division of the company. At Platts, where he had a key role as the group rose from less than 100 employees to its current level well in excess of 1,000, Kingston held a wide variety of positions. He began his career in 1985 as a crude oil market reporter, rising eventually to become Director of Oil and Director of News. The Platts Dated Brent assessment, now the world's leading benchmark, was launched by Kingston in the late 1980's. He was awarded the 2015 IAEE Award for Excellence in Written Journalism by the International Association for Energy Economics.
Kingston was also Platts' leading "talking head," with numerous appearances on such networks as CNBC, Fox Business and Canada's BNN. He has presented at conferences on energy, and more recently blockchain, around the globe. In 2015, he was recruited to join the parent company's management team, where he served as both President of the McGraw Hill Financial Institute and Director of Global Market Insights, working with the team of worldwide economists. He also launched the S&P Global task force on blockchain, seeking to determine how the nascent technology would impact the company.
Prior to joining Platts, he began his career with commodities-oriented media at American Metal Market. He also has worked for newspapers in New Jersey and Virginia. He is a graduate of Washington & Lee University.
George Abernathy: Chief Revenue Officer
Prior to joining TransRisk, George led the the Transflo sales and business development organization. He has also served as President of Transplace during the company’s rapid ascension into becoming a top 3PL, managing billions in North American freight spend. Also at Transplace, he held the role of Executive Vice President and Chief Operating Officer and was a key contributor in the company’s sale to Greenbriar Equity Partners in 2013.
Ibrahiim Bayaan: Chief Economist
Ibrahiim Bayaan is a business economist with a wealth of experience in the transportation sector. Prior to joining FreightWaves, Ibrahiim headed up economic analysis at UPS beginning in 2010. In this capacity, he played a key role in revamping international, domestic, and regional forecasting procedures, developing statistical models explaining macroeconomic activity and the effects on transportation patterns. Ibrahiim was also responsible for disseminating the economic outlook both inside and outside of UPS, delivering key insights on the economy and the effects on the transportation industry.
David Sheppard: Chief Strategy Officer
David is a Morgan Stanley veteran that spent a over decade trading, building businesses and managing a geographically dispersed team. David served as the Global Head of Morgan Stanley’s dry bulk commodities business, as well as Global Head of Coal. Prior to that, David was a Coal Trader for Sempra Energy and a Market Risk Analyst for RWE Supply & Trading GmbH.
John Bowes: Chief Operating Officer
John is a highly experienced logistics market executive that was most recently CEO of Xpress Global Systems, LLC (XGS), a wholly owned subsidiary of U.S. Xpress. John joined XGS in 1993 and served in several leadership positions, including Executive Vice President/General Manager before taking over as President in 2006. He also served as West Coast Regional Manager and Director of West Coast Operations during his tenure. Prior to joining XGS, he served as a Terminal Manager and Sales Manager for the Tom Duffy Company, a West Coast distribution company.
Daniel Pickett, CFA: Chief Data Scientist
Daniel is a an experienced leader in capital markets technology, research, and trading. He is a CFA charter holder with a background leading teams in software/database development, quantitative research, data science/analytics, and bond research/trading. He has worked for blue chip firms including Vanguard, USAA, and Unum. He has also conducted consulting engagements with firms ranging from startups to Fortune 500 companies.
Ben Murphy: Product Development
Ben is the former COO and founder of IDSC and Truckloadrate.com, the leading provider of truckload network optimization and provider of the largest rate indexes in the trucking industry. The company was sold to TMW Systems, the largest provider of trucking software and communications systems in the world.
Chris Burruss: President, BiTA
Burruss is a 25-year veteran of the trucking industry. He served as president of the Truckload Carriers Association (TCA) for 10 years. Prior to that he held positions as President and CEO of the Tennessee Trucking Association and Vice President of the Missouri Trucking Association.
Ken Smith: Chief Technology Officer
Ken has over 20 years of experience in IT management, information strategy, data collection and manipulation of unstructured, semi-structured, and structured data and enterprise level architectures. He led the development of one of the trucking industry’s most successful digital recruiting platforms, that combined demographic, social, and SEO data to rapidly identify and accelerate the driver applicant recruiting and on-boarding processes.
Board of Advisors
Our Advisory Board is made up of highly experienced and respected individuals across financial investment, freight derivative and trading technology industries. Our Advisors are key contributors to our continued growth and evolution.
Mr. Larkin is Managing Director at Stifel, Nicolaus & Co., Inc., Mr. Larkin joined Legg Mason in October 2001 to form and lead the firm’s entry into the transportation markets. He was recognized as an All-Star Analyst by Institutional Investor in 2006 and as a Wall Street Journal All-Star Analyst five times, most recently for his stock picks during the year 2010. In addition, he was rated as number one by Forbes/StarMine in EPS estimate accuracy in the road and rail category in 2008, and as number one stock picker in 2003 by Forbes/StarMine in both the road and rail, and the airfreight and logistics categories. He received additional recognition in 2014 and 2015 by placing second in the 2014 StarMine stock picking survey in the road and rail category, third in the 2014 StarMine stock picking survey in the air freight and logistics category, and second in the 2015 StarMine stock picking survey in the air freight and logistics category. Previously, Mr. Larkin was Chairman and Chief Executive Officer of RailWorks Corporation. Mr. Larkin was also a key member of Alex Brown and Sons’ transportation team, serving as a Managing Director. Mr. Larkin has held various positions in planning and economic analysis at CSX Transportation, Inc. Mr. Larkin earned his MBA from Harvard University and a bachelor’s degree and a Master of Science in civil engineering from the University of Vermont and the University of Texas, respectively. Mr. Larkin is a CFA charter holder. In addition, he is a member of the boards of advisers for CRST International and Comcar Industries, and is a member of the Baltimore CFA Society.
Albrecht brings significant transportation expertise to FreightWaves' Board of Advisors and has been involved with transportation research since 1988. Prior to founding Sword & Sea, Albrecht served two separate stints as Managing Director of BB&T Capital Markets, starting in 2000, where he followed the surface transportation section, including intermodal, truckload and less-than-truckload carriers. He moved on to Stephens Inc. as Managing Director in 2005 before returning to BB&T Capital Markets in 2009. Albrecht also worked for ABN AMRO and A.G. Edwards & Sons. He has been involved in over 40 equity deals in his transportation career. Albrecht is frequently quoted in national media, including leading publications the Wall Street Journal, Logistics Management, Transport Topics and the Journal of Commerce. Albrecht is a seven-time Wall Street Journal All-Star, according to the publication’s rankings of analysts. He has been a featured speaking at top industry events, including American Trucking Association conferences, Food Shippers of America, the University of Georgia, Georgia Tech, CSCMP, SMC3, Transplace, Truck Trailer Manufacturers, Truckload Carriers’ Association, and IANA
Goldberg previously spent 25 years in leadership roles at McGraw-Hill Financial, including eight years as President of the Commodities and Commercial Markets Division, which included market leading data and business information franchises Platts, J.D. Power and McGraw-Hill Construction. Under his leadership, the Division transformed its product portfolio, global position and dramatically improved financial performance. Previously, he served as head of corporate affairs and chief of staff to The McGraw-Hill Companies Chairman and CEO, Terry McGraw.
Frank is a senior executive and accomplished leader with a proven track record of building foremost information services companies. Mr. Frank is a trusted advisor to data and analytics companies in the agriculture, financial and commercial real estate sectors. He has invented, built and sold companies and has served as an operational leader responsible for over 8,000 employees and contractors in multi billion dollar revenue businesses. Prior to launching his advisory practice, Mr. Frank was most recently the President of Thomson Reuters’ $2.3B Investment & Advisory (I&A) Division. Selected by the CEO to lead post-merger integration of Thomson Financial and Reuters Research and Asset Management. Shaped a $2.3B division comprised of 4 global operating units (Investment Management & Sell-Side Research, Investment Banking, Wealth Management, and Corporate Services). Mr. Frank created the ADR.com portal and sold the business to Thomson Financial. As an executive managing director of the Thomson Financial Corporate Services team, Mr. Frank extended the ADR.com technology platform into portals for leading North American stock exchanges, financial institutions and created the leading Investor Relations desktop product. In 2005, Mr. Frank was asked to assume leadership of the Thomson Financial Investment Management Division. He quickly restored profitability with development of an innovative new desktop offering, regaining the division’s status as company’s largest revenue and margin producer. Since 2012, Mr. Frank has served as operating partner with oversight of a diverse set of B2B information companies including AGDATA, Trepp and EDR. He also has board positions with a number of financial technology and information companies.
Kar is the leading global expert on commercial vehicle technologies, econometrics, applications, and markets, with special focus on connected vehicle technologies and their markets. TransRisk is an information services platform that leverages private data to bring transparency and risk-management to the opaque trucking and freight markets.
He recently joined Fleet Complete, a leader in mission-critical connected vehicle IoT solutions, as Chief Strategy Officer. Previously he served as Global Vice President-Automotive & Transportation Research at Frost & Sullivan. His industry knowledge, growth strategy development and implementation experience, and ability to understand the impact of technologies on business models of various commercial vehicle stakeholding companies make him a leading voice in global trucking and the transportation industry.
Chelsea (Chip) White III
White is an experienced logistics leader and one of the top minds in his field. He is the former director of the Trucking Industry Program, a study of the U.S. trucking industry supported by the A.P. Sloan Foundation. He was the Founding Engineering Co-Director of the Tauber Institute for Global Operations while on the faculty at the University of Michigan. White was a member of the Board of Directors for Con-way for 11 years until that company’s sale to XPO in 2015 and is a former member of the World Economic Forum Trade Facilitation Council.
Metzler has over 30 years of C-Level leadership with subject matter expertise in M&A, partnerships and marketing within the logistics, transportation and ecommerce industries on a domestic and global basis. He has had senior leadership roles with companies that include FedEx, TNT, APL Logistics, Greatwide Logistics, XPO Logistics, and most recently as Chief Marketing Officer of uShip.com.
DeJesus is an accomplished leader in the data, analytics and technology industries. He’s currently SVP of Data Products for Forrester Research and leads their analytics business line responsible for productizing information assets. Prior Michael was VP of Advanced Analytics at IHS Markit, a broad provider of global B2B market, industry and technical information. He led the launch of a new firm-wide advanced analytics based growth strategy to capture the fast-growing market that analytics/big data/IoT presents for data and information providers. Before this he was with IHS’ M&A team and played a leading role in developing, executing and integrating 15 strategic acquisitions to drive growth and expand IHS’ data and analytic capabilities. Michael has also held several other B2B commercial operations and product management roles within the data and research space.
Rainsford was highly successful Commodities Trader for Morgan Stanley’s Dry Bulk Trading Operations. Among his achievements was building out the derivatives platform for the container freight swap trading desk and organizing and hosting industry conferences in both London and New York. Rainsford was also President of the Container Freight Derivatives Association that designed the Container Freight Agreement – a tradable contract that helped to de-risk maritime container freight.
Mark is an experienced veteran in the transportation industry with a 36 year career at CH Robinson. Most recently, Mark was on the CH Robinson Executive team as SVP of Transportation and held previous roles as CIO and President of T-Chek Systems.
Don Broughton: Chief Market Strategist
Broughton founded Broughton Capital in early 2017 after spending more than 20 years as a leading Wall Street analyst at two firms. With Avondale Partners, he served as the firm’s Chief Market Strategist and Senior Transportation Analyst for nearly a decade. Before that, Broughton spent more than 12 years at A.G. Edwards, where in addition to being the Senior Transportation analyst, he was the Group Leader of the Industrial Analysts and served on the firm’s Investment Strategy Committee.