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Chattanooga market data firm FreightWaves adding 100 jobs as companies deal with supply chain issues

Staff file photo / At a bank of computer terminals, FreightWaves CEO Craig Fuller talks about data and freight logistics in a file photo.
Staff file photo / At a bank of computer terminals, FreightWaves CEO Craig Fuller talks about data and freight logistics in a file photo. Staff file photo / At a bank of computer terminals, FreightWaves CEO Craig Fuller talks about data and freight logistics in a file photo.

FreightWaves, the Chattanooga-based freight market data and analytics company, expects to add 100 jobs this year as it gains customers who need help grappling with supply chain issues.

“We’re providing real-time analytics on what’s happening,” said Craig Fuller, FreightWaves’ founder and chief executive, in a telephone interview on Thursday. “We see the global economy eight to 10 weeks before everyone else does.”

The new hires will put the company at about 300 employees, he said. While only about 10% of employees have to be in the office and FreightWaves hires from all over, a lot of the workforce is in Chattanooga and the company prefers to hire local, Fuller said.

Much of FreightWaves’ growth is coming from its proprietary market analytics platform called SONAR, he said.

Fuller said the company added 319 enterprises in 2021.