FreightWaves expanding in Chattanooga, creating 260 new jobs
FreightWaves is expanding and creating 260 new jobs in the Scenic City.
The transportation and logistics data and content provider announced Friday that they plan on adding nearly 22,000-square-feet to their Hamilton County facility to keep up with the growing demand for its products and services.
Governor Haslam thanked the company for deciding to expand in Chattanooga.
“I thank FreightWaves for choosing to expand its operations in Chattanooga and creating 260 new jobs in Hamilton County,” Haslam said. “The transportation and logistics industry in Tennessee continues to gain momentum with more than 245,000 Tennesseans employed in this sector. When companies like FreightWaves continue to invest in our state, it will help Tennessee lead in the creation of high-quality jobs.”
FreightWaves CEO Craig Fuller said their Chattanooga team has helped them become one of the fastest-growing technology startups in the nation.
"A major reason why FreightWaves has become one of the fastest-growing technology startups in the country is the talent and experience of our Chattanooga-based team,” FreightWaves CEO Craig Fuller said. “Steve Case, the internet pioneer and venture capital investor recently described Chattanooga as the ‘Silicon Valley of Trucking’ and highlighted Chattanooga as an ideal place to build a market data business for the freight industry because of the significant role the city plays in the future of the industry."
Hamilton County Mayor Jim Coppenger and Chattanooga Mayor Andy Berke both spoke about what FrieghtWaves' expansion means for the area.
“Hamilton County startups are growing and this significant expansion by FreightWaves further validates Hamilton County as a place to build high growth businesses. We’re proud of their success, especially after the national recognition they enjoyed after the Rise of the Rest program
visited here in May," Mayor Coppenger expressed.
Article by Anna Huffstutler, WRCBtv Read More