Craig Fuller

FreightWaves and MerQube launch world’s first equity index to track supply chain innovation

(Photo.du.edu)

The MerQube FreightWaves Supply Chain Tech Index — the first index to track the performance of the supply chain and logistics industry — was launched Tuesday. Companies on the index have a minimum float market cap of $500 million and a minimum average daily value traded of $3 million.

The following sectors are considered for inclusion in the index: tech-enabled third-party logistics (3PL); logistics software; e-commerce logistics; alternative energy/autonomous technology; and asset-heavy...

https://www.freightwaves.com/news/merqube-freightwaves-supply-chain-tech-index-launches

Lanzamiento del Índice Tecnológico de la Cadena de Suministro MerQube FreightWaves 

(Photo.du.edu)

El MerQube FreightWaves Supply Chain Tech Index -el primer índice que sigue el rendimiento de la industria de la cadena de suministro y la logística- se ha lanzado hoy. Las empresas del índice tienen una capitalización bursátil mínima de 500 millones de dólares y un valor medio diario mínimo negociado de 3 millones de dólares. 

Los sectores considerados para su inclusión en el índice son los siguientes: logística de terceros con tecnología (3PL); software de logística; logística de comercio...

https://www.freightwaves.com/news/lanzamiento-del-indice-tecnologico-de-la-cadena-de-suministro-merqube-freightwaves

MerQube FreightWaves Supply Chain Tech Index launches

(Photo.du.edu)

The MerQube FreightWaves Supply Chain Tech Index — the first index to track the performance of the supply chain and logistics industry — was launched today. Companies on the index have a minimum float market cap of $500 million and a minimum average daily value traded of $3 million.

The following sectors are considered for inclusion in the index: tech-enabled third-party logistics (3PL); logistics software; e-commerce logistics; alternative energy/autonomous technology; and asset-heavy...

https://www.freightwaves.com/news/merqube-freightwaves-supply-chain-tech-index-launches

Shippers’ revenge is coming for truckload carriers 

Trucks at docks. (Photo: Shutterstock)

The freight market is a pendulum –  and when it swings, it may be the buyers or sellers of capacity that now have the power in rate negotiations. Ever since the summer of 2020, trucking companies have largely held all of the power in rate negotiations, based on their ability to squeeze their shipper customers for rate premiums. 

If the trucking firms didn’t get a rate increase in a contract rate negotiation, they would simply move the capacity to the spot market to exploit market conditions and...

https://www.freightwaves.com/news/shippers-revenge-is-coming-for-truckload-carriers

FreightWaves reports 2Q results with 91% y/y growth and appoints SaaS veteran as chief revenue officer 

  • SaaS veteran Geoff Lochausen is FreightWaves’ new chief revenue officer
  • Lochausen built/managed sales teams at Mulesoft, AppDynamics and BMC Software 
  • Appointment positions FreightWaves for an IPO within the next few years 
  • FreightWaves finishes Q2 2022 with 91% year-over-year growth, achieving an 82 on Rule of 40
  • Company finishes Q2 with $44 million annual revenue run-rate

FreightWaves founder and CEO Craig Fuller announced the appointment of software-as-a-service (SaaS) veteran Geoff...

https://www.freightwaves.com/news/freightwaves-reports-2q-results-with-91-yy-growth-and-appoints-saas-veteran-as-chief-revenue-officer

A major cause of inflation may have peaked; that’s good news for consumers but bad news for trucking companies 

A truck rolls down the highway. (Photo: Jim Allen/FreightWaves)

Note these sobering statistics:

  • Truckload spot rates have fallen by nearly one-third since the start of the year, while truckload contract rates have risen. 
  • The spread between truckload spot and contract rates are near an all-time high. 
  • Spot rates always lead contract rates, usually by about three months. 
  • Shippers (firms that buy trucking capacity from trucking companies) buy most of their capacity in the truckload contract market, which means they have not seen a reduction in freight rates...

https://www.freightwaves.com/news/a-major-cause-of-inflation-may-have-peaked-thats-good-news-for-consumers-but-bad-news-for-trucking-companies

Las tarifas spot de las furgonetas de carga caen aún más rápido

Three semi-trucks travel on a highway, seen from the front at varying distances.

En los últimos cuatro días, el deterioro de las tarifas spot de furgoneta de carga se ha acelerado, cayendo más de 0,02 dólares por milla al día en la media móvil de 7 días del FreightWaves National Truckload Index Linehaul Only ([combustible eliminado]) (SONAR NTIL.USA). En los últimos siete días, las tarifas al contado de los camiones de carga cayeron 0,011 $/día y 0,007 $/día en las tres semanas anteriores. 

A graph showing the decline in the FreightWaves National Truckload Index Linehaul onlyEl área sombreada en azul es el National Truckload Index Linehaul Only (NTIL), que...

https://www.freightwaves.com/news/las-tarifas-spot-de-las-furgonetas-de-carga-caen-aun-mas-rapido

Truckload van spot rates fall even faster

Trucks use highways to move America's goods. (Photo: Jim Allen/FreightWaves)

Over the past four days, the deterioration in truckload van spot rates has accelerated, falling over $.02 per mile per day on the FreightWaves National Truckload Index Linehaul Only ([fuel removed] 7-day moving average (SONAR NTIL.USA). In the past seven days, van truckload spot rates fell by $0.011/day and $0.007/day in the prior three weeks. 

The blue-shaded area is the National Truckload Index Linehaul Only (NTIL), which is based on an average of booked spot dry van loads from 250,000 lanes...

https://www.freightwaves.com/news/truckload-van-spot-rates-are-falling-even-faster

FOSC chat: Supply chain investment still attractive, says Houlihan Lokey’s Kaiser

Two men sitting in front of a blueback around, talking

This fireside chat recap is from Day 1 of FreightWaves’ Future of Supply Chain live event in Rogers, Arkansas. For more information and content from the event, click here.

FIRESIDE CHAT TOPIC: Sizing up the investment climate in the supply chain

DETAILS: The supply chain has been a hot area for capital. But with inflation surging and a downturn hitting the freight market, where will investors be putting their money?  

SPEAKERS: Shane Kaiser, a managing director at Houlihan Lokey (NYSE:HLI) and...

https://www.freightwaves.com/news/supply-chain-investment-still-attractive-says-houlihan-lokeys-kaiser

+ More