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Craig Fuller, CEO at FreightWaves

Craig Fuller is CEO and Founder of FreightWaves, the only freight-focused organization that delivers a complete and comprehensive view of the freight and logistics market. FreightWaves’ news, content, market data, insights, analytics, innovative engagement and risk management tools are unprecedented and unmatched in the industry. Prior to founding FreightWaves, Fuller was the founder and CEO of TransCard, a fleet payment processor that was sold to US Bank. He also is a trucking industry veteran, having founded and managed the Xpress Direct division of US Xpress Enterprises, the largest provider of on-demand trucking services in North America.
Nov - 2023 -
17 November
Craig Fuller, CEO at FreightWaves

Layoffs and bankruptcies pile up in logistics amid shocking downturn

Trucking and logistics companies are seeing a massive downturn. FreightWaves has reported on the biggest shutdowns and layoffs since 2022.

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13 November
Craig Fuller, CEO at FreightWaves

Two charts explain why we’re in a freight recession

There’s no debate that the freight industry is hurting right now, but it’s not because volume is low. We have an oversupply of trucks.

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05 November
Craig Fuller, CEO at FreightWaves

Iowa bank failure tied to bad trucking loans

Trucking bloodbath expands to lenders as industry experiences one of the sharpest downturns in history.

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Oct - 2023 -
23 October
Craig Fuller, CEO at FreightWaves

Death from overfunding: An obituary for Convoy

Convoy’s story, while tragic for investors and insiders, should prove cautionary for other founders.

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18 October
15 October
Sep - 2023 -
21 September
Craig Fuller, CEO at FreightWaves

Index-linked contracts new way to buy trucking capacity

Dozens of household names are already using this new way to book trucking capacity in a way that reflects the larger market.

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07 September
Craig Fuller, CEO at FreightWaves

Hurricane season could pummel American supply chains

Hurricanes can destroy key infrastructure for freight transportation. Emergency freight can demand thousands of truck drivers. 

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05 September
Craig Fuller, CEO at FreightWaves

The perpetual truck driver shortage is not real

There’s no perpetual, industry-wide truck driver shortage. The market quickly corrects any shortage of labor.

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03 September
Craig Fuller, CEO at FreightWaves

A freight market turnaround in 2024?

Tender rejection data in the FreightWaves SONAR data platform shows that the freight market bottomed on May 14. Since then, conditions for carriers have slowly been improving.

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Aug - 2023 -
30 August
Craig Fuller, CEO at FreightWaves

6 charts reveal freight industry is bouncing back

Trucking companies are fleeing the market and volumes are starting to rebound. This is good for the freight industry.

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29 August
Craig Fuller, CEO at FreightWaves

Mom and pops are taking significant share of trucking industry

Small trucking companies are taking over the industry. Decades of global and domestic policies have made this happen.

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10 August
Craig Fuller, CEO at FreightWaves

Truck drivers, construction workers and other manual workers are getting a huge pay raise. Get used to it. 

UPS’ CEO announced that drivers will be making $170,000 a year in pay and benefits by the end of a five-year employment contract. This is just the beginning for jobs in the physical economy.

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Jul - 2023 -
18 July
Craig Fuller, CEO at FreightWaves

How a Yellow bankruptcy could uproot supply chains in real time

A strike is looming at Yellow — and it could finally be the end for the long-troubled trucking company.

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Jun - 2023 -
29 June
Craig Fuller, CEO at FreightWaves

Yellow is a zombie company — it’s time to let it go

Yellow has suffered from financial mediocrity that has led to the inevitable outcome. 

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13 June
Craig Fuller, CEO at FreightWaves

New truck sales are robust – but there’s still a trucking bloodbath

Some bullish commentators have suggested that strong heavy-duty truck sales means a recession isn’t looming. Further context is needed.

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May - 2023 -
16 May
Craig Fuller, CEO at FreightWaves

It’s time for massive load board players to take responsibility for fraud

Load board fraud hurts the American trucking industry and should be a top priority for everyone in the space.

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15 May
Craig Fuller, CEO at FreightWaves

An unusually terrible freight market may get a lot worse

Trucking rates are now below 2019 levels, but operating costs are much higher. Demand for trucking is set to get even lower this year.

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Apr - 2023 -
03 April
Jan - 2023 -
29 January
Craig Fuller, CEO at FreightWaves

Volume returning to trucking market, but carriers aren’t feeling it (yet)

There are encouraging signs that demand is returning to the U.S. trucking market, based on high-frequency truckload volume data from FreightWaves SONAR.

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Craig Fuller, CEO at FreightWaves

El volumen vuelve al mercado del transporte por carretera, pero los transportadores no lo notan (todavía) 

Hay signos alentadores de que la demanda está volviendo al mercado del transporte por carretera de EE.UU., según los datos de alta frecuencia de volumen de carga de camiones de […]

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16 January
Craig Fuller, CEO at FreightWaves

Los datos de alta frecuencia sobre la carga de camiones sugieren que el mercado de transporte de mercancías se está estabilizando 

¿Se adelantó la calma del primer trimestre, en noviembre y diciembre de 2022?   Para los transportadores, el primer trimestre es siempre el período más difícil en el calendario anual de […]

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Craig Fuller, CEO at FreightWaves

High-frequency truckload data suggests the freight market is stabilizing

Early freight data and channel checks would suggest the freight market could be stabilizing and clearer skies are ahead. 

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Dec - 2022 -
21 December
Craig Fuller, CEO at FreightWaves

Here’s how high-frequency data revealed the freight recession months early

Debate on whether we are in a freight recession has been raging since the first quarter of 2022. The conclusion is now obvious: Freight volumes have collapsed this year, dragging down spot rates with them.

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02 December
Craig Fuller, CEO at FreightWaves

Why the Tesla Semi isn’t yet ready for commercial prime time

It will be years before the Tesla Semi — or any electric vehicle — becomes a trucking industry standard.

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Oct - 2022 -
24 October
Craig Fuller, CEO at FreightWaves

For freight companies, this year’s peak will be weak

FreightWaves founder and CEO Craig Fuller provides insight into 2022’s peak season.

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Sep - 2022 -
26 September
Craig Fuller, CEO at FreightWaves

Trucking comes to the rescue during hurricanes

Hurricane relief trucking is filled with chaos and disruptions to normal operations and requires specialists that can handle the massive surges and lack of forward planning.

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22 September
Craig Fuller, CEO at FreightWaves

Los datos de SONAR de FreightWaves revelaron la recesión mundial meses antes de las ganancias de FedEx 

En una nota del pasado viernes 16 de septiembre, J.P. Morgan nos recordó que ya en junio advirtió de una preocupante caída del volumen de contenedores procedentes de China, basándose […]

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Craig Fuller, CEO at FreightWaves

FreightWaves SONAR data revealed global recession months before FedEx’s earnings

FreightWaves founder and CEO Craig Fuller outlines how FreightWaves SONAR pointed to the global freight recession months ago.

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Aug - 2022 -
31 August
Craig Fuller, CEO at FreightWaves

Se avecina la venganza de los cargadores para los transportadores de camiones

El mercado del transporte de mercancías es un péndulo – y cuando se balancea, pueden ser los compradores o vendedores de capacidad los que ahora tienen el poder en las […]

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Craig Fuller, CEO at FreightWaves

Shippers’ revenge is coming for truckload carriers 

FreightWaves founder and CEO Craig Fuller provides insight into the state of trucking contract rates.

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Jun - 2022 -
27 June
Craig Fuller, CEO at FreightWaves

La inflación creciente y la caída de las tarifas están provocando la ‘Gran Purga’ del transporte por carretera  

El último desplome del mercado de camiones fue en 2019. El mercado actual podría terminar peor para las flotas de camiones pequeños. El desplome del mercado del transporte de mercancías […]

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Craig Fuller, CEO at FreightWaves

Soaring inflation and crashing rates are sparking trucking’s ‘Great Purge’ 

FreightWaves founder and CEO Craig Fuller assesses the potential for a “great purge” in trucking fleets.

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21 June
Craig Fuller, CEO at FreightWaves

A potential economic recession and the supply chain bullwhip are colliding

FreightWaves founder and CEO Craig Fuller analyzes the bullwhip effect on the current retail and trucking environments.

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May - 2022 -
18 May
Craig Fuller, CEO at FreightWaves

Supply chains are never returning to ‘normal’

FreightWaves founder and CEO Craig Fuller analyzes changes taking place in global supply chains.

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Craig Fuller, CEO at FreightWaves

Las cadenas de suministro nunca vuelven a la ‘normalidad’ 

La sabiduría convencional en este momento es que la mayor parte del mundo ha superado la pandemia (excepto China); por lo tanto, las cadenas de suministro volverán a la “normalidad”. […]

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16 May
Craig Fuller, CEO at FreightWaves

Free trade is dead, welcome to ‘Freedom Trade’ 

FreightWaves founder and CEO Craig Fuller lays out the premise of Freedom Trade.

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Craig Fuller, CEO at FreightWaves

Truckload van spot rates fall even faster

FreightWaves founder and CEO Craig Fuller analyzes the continuing decrease in truckload rates for dry van loads.

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08 May
Craig Fuller, CEO at FreightWaves

La caída de las tarifas al contado de los camiones de carga se acelera bajo la presión del aumento de los precios del diésel 

La cumbre sobre el futuro de la cadena de suministro de FreightWaves se celebra esta semana en el noroeste de Arkansas, el epicentro de las cadenas de suministro norteamericanas. Si […]

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Craig Fuller, CEO at FreightWaves

Truckload linehaul spot rate drop accelerates under pressure from surging diesel prices

FreightWaves founder and CEO Craig Fuller analyzes the impact of rising diesel costs on the spot market and the trucking industry.

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01 May
Craig Fuller, CEO at FreightWaves

Por qué a todos los estadounidenses debería importarles que los precios del diésel se disparen en todo el país

Los precios de la gasolina aumentan casi a diario, apretando las carteras y los bolsillos de casi todos los estadounidenses con vehículo. Sin embargo, por muy mala que sea esta […]

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Apr - 2022 -
25 April
Craig Fuller, CEO at FreightWaves

Xi’s lockdowns will pull the rug out from under US truckers this summer

FreightWaves founder and CEO Craig Fuller writes about the impact of Chinese lockdowns on global supply chains and the U.S. trucking industry.

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18 April
Craig Fuller, CEO at FreightWaves

Los cierres chinos crearán sobresaltos en las cadenas de suministro estadounidenses (pero China es quien más pierde)

Lo que ocurre en China no se queda en China. Y para las cadenas de suministro estadounidenses, eso suele ser algo bueno. Las empresas estadounidenses se han vuelto dependientes de […]

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Craig Fuller, CEO at FreightWaves

Chinese lockdowns will create shocks to American supply chains (but China is the biggest loser)

FreightWaves Founder and CEO Craig Fuller analyzes the impact of the latest Chinese lockdowns on the supply chains between China and the U.S.

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13 April
Craig Fuller, CEO at FreightWaves

¿Qué causa los auges y caídas del ciclo del transporte por carretera?

El transporte por carretera es un sector muy cíclico.    ¿Cómo es posible que haya una “escasez de conductores” y un exceso de capacidad al mismo tiempo?   Este es un estribillo […]

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Craig Fuller, CEO at FreightWaves

What causes the booms and busts of the trucking cycle?

FreightWaves Founder and CEO Craig Fuller explains the boom and bust cycle of the trucking industry.

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10 April
Craig Fuller, CEO at FreightWaves

¿Hará el látigo el trabajo de la Federación sobre la inflación?

Lo único sorprendente de la desaceleración del mercado de transporte es la velocidad a la que se está produciendo. El “efecto látigo” de la cadena de suministro es previsible y […]

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08 April
Craig Fuller, CEO at FreightWaves

Trucking is a commodity. Service is not.

FreightWaves Founder and CEO Craig Fuller analyzes methods to generate more revenue in a trucking downturn.

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06 April
Craig Fuller, CEO at FreightWaves

El sector del transporte por carretera tendrá problemas si la demanda cae a los niveles anteriores al COVID

Las tarifas spot de los camiones han subido, pero también los gastos de explotación. ¿Qué significa esto para los transportistas?  “La demanda está volviendo a los niveles anteriores a la […]

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01 April
Craig Fuller, CEO at FreightWaves

About that ‘driver shortage’

FreightWaves Founder and CEO Craig Fuller provides commentary/analysis on the trucking industry’s “driver shortage.”

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Mar - 2022 -
31 March
Craig Fuller, CEO at FreightWaves

Why I believe a freight recession is imminent

FreightWaves Founder and CEO Craig Fuller provides further analysis regarding the decline in the freight market.

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Craig Fuller, CEO at FreightWaves

Por qué creo que la recesión del transporte de mercancías es inminente

La semana pasada, publiqué un artículo titulado “Apenas 3 años después del baño de sangre del transporte por carretera de 2019, otro está en camino.” Para cualquiera que haya vivido […]

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24 March
Craig Fuller, CEO at FreightWaves

Apenas 3 años después del baño de sangre del transporte por carretera de 2019, se avecina otro

Tras dos años de estragos inducidos por el COVID en los mercados mundiales de transporte de mercancías, la volatilidad ha empezado a remitir. La visión de FreightWaves sobre el mercado […]

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08 March
Craig Fuller, CEO at FreightWaves

War will cause upheaval in global and North American supply chains

FreightWaves Founder and CEO Craig Fuller writes about the impact of the Russia-Ukraine conflict on the U.S. freight system

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02 March
Craig Fuller, CEO at FreightWaves

The second Cold War is here — and supply chains will be the front lines

If the Russia-Ukraine conflict’s international ramifications keep spreading, we face a real possibility of a bifurcating global economy. according to FreightWaves CEO Craig Fuller.

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Jan - 2022 -
Nov - 2021 -
12 November
Craig Fuller, CEO at FreightWaves

El proyecto de ley de infraestructuras del presidente Biden podría evitar la próxima gran crisis de la cadena de suministro

La actual crisis de la cadena de suministro está causada por una demanda sin precedentes de bienes físicos que fluyen a través de los principales puntos de estrangulamiento, combinada con […]

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Oct - 2021 -
29 October
Craig Fuller, CEO at FreightWaves

2021 is supply chain technology’s ‘Lehman Brothers moment’

FreightWaves CEO Craig Fuller describes the current and future opportunities in supply chain technology.

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Craig Fuller, CEO at FreightWaves

2021 es el “momento Lehman Brothers” de la tecnología de la cadena de suministro

Un fundador de FreightTech en fase inicial me preguntó recientemente si el repentino interés por la tecnología de la cadena de suministro se frenaría en algún momento. Mi respuesta fue […]

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04 October
Craig Fuller, CEO at FreightWaves

Will high freight rates cause hyperinflation?

FreightWaves founder and CEO Craig Fuller analyzes inflation in the supply chain.

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03 October
Craig Fuller, CEO at FreightWaves

AskWaves: What is a trucking spot rate? What is a trucking contract rate?

People use the term “contract rate” in trucking and think that it is binding. It is not. In reality, it just means a prenegotiated rate both parties have the right to reject at the time of the tender.

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Craig Fuller, CEO at FreightWaves

There is never a bad load, just a bad rate

There has never been more attention paid to freight transportation than what we are experiencing now. And like the Wall Street Bets crowd on Reddit, our industry loves talking about […]

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Sep - 2021 -
27 September
Craig Fuller, CEO at FreightWaves

Commentary: Why we didn’t cover the DAT/C.H. Robinson deal

Since we compete, as a policy, we no longer cover anything (good or bad) about DAT. They only get a passing comment if they are involved in an external news item where they are not directly related.

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25 September
05 September
Craig Fuller, CEO at FreightWaves

Want to help companies adapt to climate change? Go into supply chain technology

Supply chains work best when they have predictability. One of the biggest risks caused by climate change is how unpredictable everything becomes. Sourcing, infrastructure and transportation will all require more […]

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01 September
Craig Fuller, CEO at FreightWaves

Future of Freight Festival now a virtual event for 2021

After careful consideration and input from numerous sources, we can’t in good faith host the in-person event knowing the risk this virus poses.

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Aug - 2021 -
29 August
Craig Fuller, CEO at FreightWaves

Will Hurricane Ida cause carriers to chase FEMA relief loads?

Will Hurricane Ida impact freight contracts? Will carriers move from shippers’ contracted freight to the spot market?

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Jun - 2021 -
19 June
Craig Fuller, CEO at FreightWaves

It’s time to embrace chaos in the supply chain

The chaos of the past 18 months will usher in new investments in supply chain technology

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Apr - 2021 -
01 April
Craig Fuller, CEO at FreightWaves

The great transportation and logistics renaissance has begun!

FreightWaves CEO Craig Fuller writes about FreightWaves, as well as transportation today and moving forward.

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Mar - 2021 -
04 March
Craig Fuller, CEO at FreightWaves

Why scale matters in the visibility space

Craig Fuller reasons that if “project44 is the Visa of the industrial world, then having the greatest acceptance and connectivity will be a major differentiating factor.”

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Dec - 2020 -
11 December
Craig Fuller, CEO at FreightWaves

Supply Chain tech investing is on fire. This is just the start.

Supply chain tech investment is at a record peak, with over $52B invested in 2020 alone, up 2500% since the start of the decade.

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May - 2020 -
21 May
Craig Fuller, CEO at FreightWaves

How to run a virtual conference

Putting on a virtual event is a complex and difficult process. FreightWaves CEO Craig Fuller provides an overview of what went into putting on the recent FreightWaves LIVE @HOME, a three-day virtual event that raised the bar.

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Mar - 2020 -
24 March
Craig Fuller, CEO at FreightWaves

Logistics professionals are the Always Responders and a “thin gold line”

The logistics industry is the “always responder,” assisting society in preparations during the onset of a crisis, delivering goods during the crisis, and helping to rebuild and restock after everyone else is gone. Logistics professionals will sacrifice time with family and even put themselves in harm’s way to ensure that people have access to the necessary resources for survival and comfort.

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16 March
Craig Fuller, CEO at FreightWaves

FreightWaves LIVE ATL to become 100% virtual event – FreightWaves LIVE @ HOME

More than 2000 C-level executives were projected to attend FreightWaves LIVE ATL. The event has now been moved to a virtual experience.

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Craig Fuller, CEO at FreightWaves

SONAR helps subscribers keep ahead of coronavirus

FreightWaves SONAR can help those in the freight industry stay current with what is happening in transportation and logistics during the coronavirus pandemic.

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14 March
Craig Fuller, CEO at FreightWaves

In times of chaos, the American logistics industry steps up

The logistics professionals, shippers, warehouse operators, dispatchers, brokers, and most importantly, truck drivers step up and provide an orchestrated effort to ensure the safety and well being of our country.

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Feb - 2020 -
27 February
Craig Fuller, CEO at FreightWaves

FreightWaves celebrates three years!

FreightWaves CEO Craig Fuller writes about FreightWaves third birthday, and the company’s past, present and future.

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23 February
22 February
Craig Fuller, CEO at FreightWaves

PE firm suddenly pulls the plug on trucking and warehouse operator

Private equity funds have a poor track record in buying asset-based trucking operators.

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19 February
Craig Fuller, CEO at FreightWaves

Online Haul of Fame: M.S. Carriers

This is part of our ongoing weekly feature called the “Online Haul of Fame.”  FreightWaves will feature companies that have had a lasting impact on the trucking industry, past or […]

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13 February
Craig Fuller, CEO at FreightWaves

Online Haul of Fame: Burlington Motor Carriers

Burlington Motor Carriers, started as a division of Burlington Northern, the railroad.

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04 February
Craig Fuller, CEO at FreightWaves

Online Haul of Fame: Preston 151

Known on northeastern highways for its iconic orange and white trucks, Preston 151 was founded in 1932 in the Chesapeake Bay area of the United States. The company was started […]

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Jan - 2020 -
23 January
Craig Fuller, CEO at FreightWaves

Online Haul of Fame: Con-way Freight

Earlier this month, the CEO of XPO (NYSE:XPO), Brad Jacobs, announced that he intended divest operating units of XPO in an effort to maximize shareholder value. One thing was clear, however. Jacobs intended to hold onto the less-than-truckload (LTL) operations of XPO that were formerly known as Con-way. As part of our Online Haul of Fame Series, here is a look back at the history of Con-way.

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20 January
Craig Fuller, CEO at FreightWaves

Top 10 ways to lower diesel fuel expenses for trucking companies

FreightWaves CEO Craig Fuller writes about methods to lower diesel fuel expenses for large and small trucking companies.

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19 January
Craig Fuller, CEO at FreightWaves

FreightWaves introduces next-day wholesale diesel forecast index

Fuel is the second-largest expense for trucking fleets, after labor. Every penny a fleet saves on fuel goes directly to the bottom line. Predicting where wholesale rack diesel prices will go has always been tricky. SONAR, FreightWaves’ forecasting platform introduces next day wholesale rack ULSD predictive prices.

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16 January
Craig Fuller, CEO at FreightWaves

Haul of Fame: Jevic Transportation

Jevic Transportation was founded in 1981 in Delano, New Jersey by Karen and Harry Muhlschlegel. The Jevic name was a combination of the names of the three Muhlschlegel children. Founding a trucking company just one year after deregulation was ambitious, but the gamble proved profitable. Jevic enjoyed prosperity throughout the 1980s and the early 1990s.

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09 January
Craig Fuller, CEO at FreightWaves

Online Haul of Fame: McLean Trucking

McLean Trucking is one of the pioneers of the less-than-truckload (LTL) trucking industry. The company’s founder eventually became one of the pioneers of the global logistics and trade industry.

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Craig Fuller, CEO at FreightWaves

FreightWaves introduces AskWaves, an online spot for research and answers

Introducing AskWaves, a place to search for answers in the logistics, transportation and the supply chain industry. With AskWaves, you can ask the FreightWaves team of experts and journalists anything about transportation, logistics, supply chain or freight and they will attempt to answer your question in a future article.

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02 January
Craig Fuller, CEO at FreightWaves

Online Haul of Fame: Consolidated Freightways (CF Freight)

If you had to name one of the most influential companies in trucking history, Consolidated Freightways (CF) would be near the top. While the trucking company, CF is no longer with us, the legacy of CF lives on through the companies it spun off, including Freightliner, CNF (which became part of XPO) and Purolator International.

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01 January
Craig Fuller, CEO at FreightWaves

12 tips for freight brokerage success

If you are planning to create a freight brokerage, here is a basic checklist you can use to get started.

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Dec - 2019 -
31 December
Craig Fuller, CEO at FreightWaves

Texas-based flatbed carrier with 260 trucks shuts down, citing insurance costs

The flatbed and oil field service carrier was subject to a class action lawsuit for not paying overtime.

The carrier operated in two markets that have suffered in 2019: flatbed and oil service.

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