Craig Fuller 🛩🚛🚂⚓️ @FreightAlley
Freight-Affiliated Media. Founder/CEO of FreightWaves, American Shipper, and CEO of FLYING Magazine. freightwaves.com Chattanooga, TN Joined April 2009-
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PSA: FreightWaves is NOT a freight broker and will NEVER book freight. I just spoke with a woman who called about a load to confirm it was legit. The fraudulent broker goes by "FreightWaves LLC" - but she was suspicious and Googled the owner's name and phone number. She…
Texas Monthly featured an article about autonomous trucks. The autonomous tech firms tell investors that the perpetual driver shortage is justification for their technology. The reporter and I discussed how a perpetual driver shortage and capacity glut don't make any sense.
Seeing people lose their jobs is very unfortunate. But the trucking industry is built on the same economic principles that drive every capital system: supply and demand. We have too much supply. We need to eliminate the excess capacity, or the market will never reset.…
So many things going on in space The Second Space Race is upon us and the speed at which new astronomical scientific discoveries and tech are happening at an exponential rate requires new thinking in how @AstronomyMag should cover the topic. As such, we plan to build the…
Want to know where the freight originates? This is a good place to start…
Import data suggests this should be happening soon and the trucking market will feel its effects in Q3.
Import data suggests this should be happening soon and the trucking market will feel its effects in Q3.
Unionized private sector workers are seeing much faster wage growth that non-unionized ones. theovershoot.co/p/the-6-soluti…
Making 10X in Venture is more complicated than most people think. I recently invested in a $16M post, and the company just raised a $250M post. Up 15.6X? No, only up 5.5X. Here is the math. 🧵
Tale of two freight markets - Since January 2023, ocean container spot rates have risen 158%, while truckload spot rates have fallen 21%. Confused? One market has massive barriers to entry and is highly consolidated (top 10 carriers control 90% of the capacity), while the…
Ocean carriers and forwarders are having a splendid year, while truckers try to survive long enough to see the end of the Great Freight Recession.
Ocean carriers and forwarders are having a splendid year, while truckers try to survive long enough to see the end of the Great Freight Recession.
Raven shuts over the road and dedicated trucking fleet. In the trucking bloodbath in 2019, the bankruptcies surged starting in Q2. Same vibe in 2024.
Arnold was founded during the Great Depression and survived multiple recessions, stagflation, deregulation, and GFC - only to be killed by this market. With 402 trucks, Arnold was one of the largest truckload carriers to be killed off by the Great Freight Recession.
I mean...this is a very common occurrence in Canadian rail operations. Threaten to strike, wait to 11th hour, a deal is made, minimal market impacts Something to watch, but probably nothing. Lumber crew knows what's up here 😂
I mean...this is a very common occurrence in Canadian rail operations. Threaten to strike, wait to 11th hour, a deal is made, minimal market impacts Something to watch, but probably nothing. Lumber crew knows what's up here 😂
Q1 was the “largest decline on record.”
AI may be sexy, but the bigger short-term distruptor is overseas talent
AI may be sexy, but the bigger short-term distruptor is overseas talent
Canadian railroad workers voted to strike yesterday. This would affect a huge amount of US freight that arrives at Canadian ports Vancouver and Prince Rupert and moved by rail down to Chicago and other midwest inland depots. 3 week cooling off period ends May 22. Never a dull day…
When looking at flatbed provider Daeske's Q1 performance and $12M salary cut, Alain Bedard, president and CEO of TFI International woke up and chose violence. He is now my trucking sprit animal.
Paulo Macro @PauloMacro
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144 Followers 399 Following Building the worlds #1 animal-focused media company | previously at Google, BMW, Axel SpringerIn 1998, Bill Gates had 2B shares of MSFT when it was world’s most valuable firm. If he held, Gates ($806B) would be wealthier than the top 4 richest people combined. Instead, Buffett advised him to give most away and Gates is now only worth $150B. LESSON: Never ask for advice.
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That clip of Warren turning to his left and instinctively saying, “Charlie?” As if Munger was still there. Hit me hard.
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What's YOUR favorite Bond movie?
Things I learn in the Green Room @Hedgeye LIVE? @DiMartinoBooth is a 007 fan!
Headed to IKEA this morning… I feel like putting something together today with absolutely terrible instructions that come in 16 different boxes…
Weekends are for using your customers products. Thanks @RadPowerBikes for making our lives so much more fun! This thing is epic!
Being on a cruise makes me excited about the future of space travel
Can’t be the whole business.*
The markets have been interesting the last year to say the least! take a look at the latest trends between ocean and truckload spot rates. Follow @FreightAlley for more detail.
@FreightAlley @AstronomyMag Hire someone from @payloadspace , great content!
Of course it’s the shortage of drivers.
Texas Monthly featured an article about autonomous trucks. The autonomous tech firms tell investors that the perpetual driver shortage is justification for their technology. The reporter and I discussed how a perpetual driver shortage and capacity glut don't make any sense.