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Making FreightWaves: Chattanooga company drives toward billion-dollar goal

At a bank of computer terminals, Freightwaves CEO Craig Fuller talks about data and trucking logistics that the Chattanooga based company sells to its clients.
At a bank of computer terminals, Freightwaves CEO Craig Fuller talks about data and trucking logistics that the Chattanooga based company sells to its clients. At a bank of computer terminals, Freightwaves CEO Craig Fuller talks about data and trucking logistics that the Chattanooga based company sells to its clients.

By Mike Pare 4 min read

FreightWaves Chief Executive Officer Craig Fuller says a friend of his was looking for specific information about the freight market, but he couldn’t find much on what was happening.

“That inspired this business,” says Fuller about the 2-year-old startup company that focuses on freight market data analytics and which he and its backers hope will grow into a billion-dollar-a-year company within five years.

Fuller, 39, says the freight market is a big one – an estimated 30 percent larger than the fossil fuel industry. But, he says, there wasn’t anyone offering data services of the kind that his company provides.

CRAIG FULLER

Born: ChattanoogaAge: 39Education: Baylor UniversityWork: CEO of FreightWavesPersonal: Married, two childrenQuote: “Our goal is to understand economic cycles every single day.”

“That’s what we do,” Fuller says about the company that also provides news and commentary, innovation engagement and risk management tools to the transportation and logistics industry.