

96. Craig Fuller, Freightwaves - RIP Great Freight Recession
Nov 25, 2024
Craig Fuller, Founder and CEO of FreightWaves, shares his journey from the freight industry to establishing a transformative media platform. He discusses the challenges and predictions of the recent freight recession, shedding light on the importance of data-driven forecasts. Craig envisions his strategy as Secretary of Transportation, emphasizing the need for tech-savvy leaders. He also critiques regulatory hurdles in aviation and explores pressing supply chain issues, including truck parking shortages and labor disputes, all while offering insights from the recent FreightWaves F3 conference.
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Craig Fuller's Background
- Craig Fuller grew up in the trucking industry, working for his family's business, U.S. Xpress.
- He later founded and sold multiple companies, including Transcard and Transfund, before starting FreightWaves.
FreightWaves Origin
- FreightWaves started as a futures market contract for trucking, aiming to create transparency in freight pricing.
- It evolved into a media and data platform due to the need to explain the complex futures market concept.
Accidental Events Business
- FreightWaves' events business began unexpectedly.
- An initially planned small blockchain event at Georgia Tech grew significantly, leading to a larger event series focused on broader digital logistics conversations.