Craig Fuller

Honoring contracts puts brokers in position to take advantage of the spot market

When Doug Waggoner became the CEO of Echo Global Logistics in 2006, the company was a small startup with just 30 employees. Today, Echo is an industry leader, employing nearly 3,000 people and working with over 50,000 carriers. 

Echo started its life with venture capital as a true startup, spent several years as a publicly-traded organization, and is now privately owned again and still growing. 

Reflecting on the environment in which Echo was founded, Waggoner says there was a transition period...

https://www.freightwaves.com/news/honoring-contracts-puts-brokers-in-position-to-take-advantage-of-the-spot-market

FMCSA clearinghouse rule puts bullseye on freight capacity

When even a small percentage of tens of thousands of trucks get forced off the road, a major freight capacity shift can ensue – and that’s exactly the scenario playing out now that states have new enforcement power over roughly 179,000 truck drivers.

That’s the number of drivers in “prohibited status” as of Oct. 1, the latest data available from the Federal Motor Carrier Safety Administration’s Drug & Alcohol Clearinghouse. On Monday, all those drivers’ CDLs were automatically revoked. Those...

https://www.freightwaves.com/news/capacity-shakeout-coming-down-the-pike

Convoy co-founder reflects on digital brokerage’s rise and fall

Dan Lewis, co-founder and former CEO of Convoy Inc., discussed the rise and fall of the digital freight brokerage he helped create and the lessons he learned along the way on Tuesday at FreightWaves’ F3: Future of Freight Festival.

Lewis, who spoke with FreightWaves CEO Craig Fuller during the annual event in Chattanooga, Tennessee, reflected on past decisions while at the helm of Convoy, acknowledging both successes and failures in the company’s eight-year journey to innovate the freight...

https://www.freightwaves.com/news/convoy-co-founder-reflects-on-digital-brokerages-rise-and-fall

State of Freight: Reasons to be bullish on second half of 2024

FreightWaves’ State of Freight webinar for March offered a bit of optimism that the freight market could improve at some point later this year.

Craig Fuller, FreightWaves CEO and founder, and Zach Strickland, director of freight market intelligence, said while they don’t see any clear signs of a significant boost in the overall freight industry, there are signals that the market is moving in the right direction.

Here are five takeaways from the webinar:

2024 could be ‘more of a normal year’ for...

https://www.freightwaves.com/news/state-of-freight-reasons-to-be-bullish-on-second-half-of-2024

F3 keynote: China’s COVID policy showed global supply chain’s fragility

CHATTANOOGA, Tenn. — A leading authority on supply chain, geopolitical tensions and financial risks in China says that country’s zero-COVID-19 policy exposed an already fractured global supply chain. 

Leland Miller, CEO of China Beige Book, which compiles independent Chinese economic data, urges companies to diversify and disentangle themselves from the world’s second-largest manufacturer and exporter of goods.

“What really broke the dam on this is COVID-zero because you had all these problems,”...

https://www.freightwaves.com/news/f3-keynote-chinas-covid-policy-showed-global-supply-chains-fragility

Future of Freight Festival will be epicenter of freight world – Day 3

Two weeks from today, “F3: Future of Freight Festival” will begin its third and final day. Located in the heart of Freight Alley and the headquarters city of FreightWaves, Chattanooga will be alive with this unique FreightTech experience.

While FreightWaves has presented major events around the nation, this is the first time it will host an event in Chattanooga. F3 will continue the FreightWaves tradition of bringing together industry leaders to discuss key issues impacting freight markets as...

https://www.freightwaves.com/news/future-of-freight-festival-will-be-epicenter-of-freight-world-day-3

El director general de FreightWaves, Fuller, ofrece consejos a los camioneros que transportan cargas de la FEMA 

Trucks hauling FEMA loads

Mientras las autoridades municipales, estatales y federales instan a los residentes a huir ante los fuertes vientos y las inundaciones, los camioneros responden a la llamada para transportar suministros de emergencia a las zonas en las que se espera el paso de los huracanes.  

Sin embargo, la forma en que los camioneros responden a esa llamada tiene un gran impacto en cuándo, cómo y cuánto se les paga, señala el director general de FreightWaves, Craig Fuller. 

“Las cargas de socorro de huracanes...

https://www.freightwaves.com/news/el-director-general-de-freightwaves-fuller-ofrece-consejos-a-los-camioneros-que-transportan-cargas-de-la-fema

FreightWaves CEO Fuller offers advice to truckers hauling FEMA loads

Trucks hauling FEMA loads

Even as city, state and federal officials urge residents to flee ahead of high winds and flooding, truck drivers answer the call to haul emergency supplies to areas where hurricanes are expected to strike. 

However, the way truckers heed that call has a huge impact on when, how and how much they get paid, FreightWaves CEO Craig Fuller points out.

“Hurricane-relief loads offer an opportunity for trucking companies to demonstrate to the public how critical trucking is, regardless of the challenges...

https://www.freightwaves.com/news/freightwaves-ceo-fuller-offers-advice-to-truckers-hauling-fema-loads

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

A container ship stacked with containers

In a note last Friday, September 16, J.P. Morgan reminded us that back in June it warned about a concerning drop in container volume out of China, based on FreightWaves SONAR Container Atlas data. 

Part of the J.P. Morgan note.

The firm titled its June 3 report “Watching the China Freight Wave,” which covered the slowdown in container markets and forewarned about a slowing U.S. domestic freight market.  

Using the same data, on June 7, FreightWaves wrote an article titled “U.S. import demand is...

https://www.freightwaves.com/news/freightwaves-sonar-data-revealed-global-recession-months-before-fedexs-earnings

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

A container ship stacked with containers

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 en los datos del Atlas de Contenedores SONAR de FreightWaves.  

Parte de la nota de J.P. Morgan.

La empresa tituló su informe del 3 de junio “Watching the China Freight Wave”, que cubría la desaceleración de los mercados de contenedores y advertía sobre la ralentización del mercado de flete doméstico de Estados...

https://www.freightwaves.com/news/los-datos-del-sonar-de-freightwaves-revelaron-la-recesion-mundial-meses-antes-de-las-ganancias-de-fedex

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