Making FreightWaves: Chattanooga company drives toward billion-dollar goal
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.
"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.
Fuller says Chattanooga is the right place to house his company because of both the city's trucking and logistics history and future.
"It's a natural place to recruit," he says.
Photo by Times Free Press
Article by Mike Pare, Times Free Press Read More