Freight affiliated media. Founder - FreightWaves: Freight market intelligence SONAR: High-frequency freight data Firecrown: enthusiast media esp. transport

Joined April 2009
3,649 Photos and videos
We spent an hour with truckingโ€™s regulator. The most important thing to take away: the FMCSA is just getting started. The compliance crackdown has already created the hottest spot market in history. 40k non compliant drivers have been eliminated. There could be hundreds of thousands more being taken out in coming months and years. Imagine what trucking spot rates will be in a year?
Live with FMCSA Administrator Derek Barrs | Freight Expectations
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
The richest guy on Earth SHOULD be the guy making cutting edge cars and rockets instead of dudes who sell purses and perfumes or dudes who run investment firms or dudes who made Facebook.
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
Before 2008, the US was chartering 130 banks per year. Today that number is closer to 6 Incumbents love regulation because it lets them consolidate market power while preventing new competition from coming in Regulatory capture is horrible for the average American
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
I'm seeing my feed flooded with posts about Europeans realizing that they were lied to about America. The consensus of their posts is that America is safer, more prosperous, and more welcoming than they were told. This might be the most powerful effect of the World Cup.
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โ€œIf demand creeps up, I would expect tender rejections to go up significantly.โ€ A lot of shipper budgets are going to break this fall.
What happens to the global supply chain when tender rejections start creeping back toward pandemic-era heights? While demand metrics currently look modest, the foundation of available fleet capacity is far more brittle than it appears. CEO of RXO Drew Wilkerson outlines the critical variables logistics leaders need to monitor to protect their cargo networks from future disruptions as the market hardens.
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
We should make sure Americans are not pursuing entrepreneurial, game-changing, humanity-improving innovations and inventions that create enormous value and catapult American competitiveness? That culture and pursuit are what makes America special and unique. And itโ€™s why Europe has no trillion dollar companies and is nowhere in the ai revolution or technology
Elon Musk just became the worldโ€™s first trillionaire. Letโ€™s make sure heโ€™s also the last.
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Best advice out there. The the best way to build a data business is to publish data in some niche that no one is currently focused on, create a cadence of content and evangelize the data in a way that people track and start to care about (articles and videos that tie it into other topics - ie economics, markets, current events). That is how we built SONAR into the terminal for the global supply chain.
This has long been my advice to a young person looking to break into journalism. Three steps: 1) Find some public data that most people are ignoring. 2) Really learn what it measures and how to aggregate and present it. 3) Through posting, become the expert everyone turns to.
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
The best salespeople aren't in SF. They are in Arizona, Texas, Utah... You don't need to pay them 6 figures. 75k base pay and 8% commission is all they want. Not overpriced housing and lifestyle costs.
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Freddy should launch a reality TV show
WEโ€™RE GOING TO AN ELLA LANGLEY CONCERT ON THE 18TH AND WEโ€™RE EVEN GOING TO MEET HER!!!!
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
How can we add @flexport custom livery to a 747?
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
Interesting economic analysis of why airlines are always going bankrupt.
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
Occasionally I get shit for being so pro-Elon. 3 big reasons why: #1 He's done more for free speech than Congress who swore to defend it -- both parties. This matters because America sets the global Overton. And without free speech humanity are sheep to the slaughter. #2 He's our greatest innovator since Thomas Edison. When I used to teach MBA Steve Jobs was the ultimate innovator. Jobs -- who invented nothing -- can't touch Elon. #3 The problems Elon's tackling are among most important. A lifeboat for humanity, existential risk from AI, the survival of truth, demographic collapse. This isn't colored Macs.
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Mega carriers will not work with most brokers, but they will work with the largest 3PLs, especially in the managed trans business. This is a huge benefit for the largest 3PLs like RXO that can tap into this capacity
In a volatile market, long-term service reliability consistently outlasts seasonal rate fluctuations. While pricing always matters to corporate shippers, securing consistent capacity at key strategic locations remains the top priority. Building a unified freight network allows large carriers to maintain service guarantees, keeping supply chains fluid when assets are needed most.
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"There is camera footage of drivers who are put out of service, and the next day they are driving again."
The road to stabilizing trucking insurance rates starts with a complete overhaul of operator vetting. Thom Albrecht, Chief Revenue Officer at Reliance Partners, breaks down the key regulatory updates that insurance underwriters are demanding to make highways safer. From minimum training hours for CDLs to tightening freight broker bonding requirements, major changes are looming to ensure only properly vetted fleets can hit the road.
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Thom Albrecht argues that bad actors are stockpiking DOT numbers knowing that the registration requirements are going to get exponentially more restrictive going forward
Are bad actors in trucking quietly stockpiling DOT numbers? Right now, it costs about $300 to $350 to register an operating authority. But as safety regulations tighten and the FMCSA faces pressure to conduct stricter upfront safety audits, that cost could easily skyrocket to $5,000โ€“$10,000 in the future. Full episode: vist.ly/57kvf
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This will be one of Chattanoogaโ€™s most beautiful and iconic buildings
The U.S. government just unveiled the majestic Greco-Deco design for the new federal courthouse in Chattanooga, Tennessee. The building is at once monumental and welcoming, classical and original. The iris capitals are an inspired touch, drawing on Tennesseeโ€™s natural beauty and weaving it into the stone of a federal building. The Chattanooga courthouse is precisely the kind of building that President Trumpโ€™s Executive Order on federal architectureโ€”โ€œMaking Federal Buildings Beautiful Againโ€โ€”was designed to produce. When the courthouse is completed, it will stand as the living proof that the Order represents wise and humane public policyโ€”something all Americans, regardless of political party, can and should support. Beautiful public buildings are not a partisan matter; they belong to everyone.
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The Nikola One was a badass looking vehicleโ€ฆ
ใ‚นใƒšใƒผใ‚นXใฎIPOใŒ่ฉฑ้กŒใ ใ‘ใฉใƒˆใƒฉใƒƒใ‚ฏ็•Œใฎใƒ†ใ‚นใƒฉใจ็งฐใ•ใ‚Œใฆใ„ใŸ็ฑณๅ›ฝใฎๅคงๅž‹BEVใƒˆใƒฉใƒƒใ‚ฏใƒกใƒผใ‚ซใƒผใฎใƒ‹ใ‚ณใƒฉใ‚’่ฆšใˆใฆใ„ใพใ™ใ‹๏ผŸๅคงๅž‹BEVใƒˆใƒฉใƒƒใ‚ฏใŒ่ตฐ่กŒใ—ใฆใ„ใ‚‹ๆง˜ใซ่ฆ‹ใˆใ‚‹ใ‘ใฉๅฎŸใฏไธ‹ใ‚Šๅ‚ใ‹ใ‚‰่ปŠไธกใ‚’่ปขใŒใ—ใฆใ„ใ‚‹ใ ใ‘ใจ็™บ่ฆšใ—ใฆๅคง็‚ŽไธŠใ€‚ไธ€ๆ™‚ๆœŸใฏใƒ•ใ‚ฉใƒผใƒ‰ใฎๆ™‚ไพก็ท้กใ‚’่ถ…ใˆใŸไบ‹ใ‚‚ใ‚ใฃใŸใ‘ใฉๅ€’็”ฃใ—ใพใ—ใŸใ‚ˆใญใ€‚
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
Well that was an expensive mistake:
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
Chattanooga's new courthouse. The style is called "Greco-Deco". We're taking this worldwide. We're taking this to Mars. This is the answer.
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This will be an exhibit at the Motion Museum
interspace railroad
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Craig Fuller ๐Ÿ›ฉ๐Ÿš›๐Ÿš‚โš“๏ธ retweeted
The federal minimum insurance for motor carriers has been stuck at $750,000 since 1985. If adjusted just for standard CPI inflation, that number should be around $2 million. Factor in healthcare inflation, and weโ€™re looking at $3.5 million. The FMCSA has openly stated for decades that the industry is under-insured for the risks on the road. Full episode: vist.ly/57kp2
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