Craig Fuller

Craig Fuller

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Founder & CEO, FreightWaves; freight/transportation markets analyst and media leader.

Truckers Profit as Spot Rates Outpace Diesel Surge
SocialApr 1, 2026

Truckers Profit as Spot Rates Outpace Diesel Surge

Truckers just came off the strongest quarter in years. They are happy to pay the higher diesel, so long as they get to enjoy the much higher rates that are currently being painted in the market. 80% of...

By Craig Fuller
Compliance Crackdown Cuts Drivers, Fleet Growth Stalls
SocialApr 1, 2026

Compliance Crackdown Cuts Drivers, Fleet Growth Stalls

This checks out. It doesn't tell us about total truck counts which have been falling since peaking in April 2025. The compliance crackdown has been far more effective in getting drivers off the road, but not doing the same with...

By Craig Fuller
Indiana's Freight Market Evolution: Indy Ranks 9th Nationwide
SocialApr 1, 2026

Indiana's Freight Market Evolution: Indy Ranks 9th Nationwide

It is important to watch how this shapes freight markets in Indiana. Indianapolis is the 9th largest trucking market in the US. https://t.co/ltctV6fb43

By Craig Fuller
Force Chinese OEMs to US Production, Transfer IP
SocialApr 1, 2026

Force Chinese OEMs to US Production, Transfer IP

I think we should rip a page from the Chinese playbook and tell Chinese OEMs if they want to sell to American consumers, they must open up production in the US with an American OEM. As part of that arrangement,...

By Craig Fuller
Immersive 400-Year Walk Through History at Motion Museum
SocialApr 1, 2026

Immersive 400-Year Walk Through History at Motion Museum

The Motion Museum will have more than a dozen model layouts, but our flagship will be a walk through time, featuring scenes from the past 400 years. Our designer helped to launch the first Rain Forest Cafe, Ripley's, and Caesar Forum...

By Craig Fuller
Shippers Face Prolonged Rate Increases as Supply Tightens
SocialMar 31, 2026

Shippers Face Prolonged Rate Increases as Supply Tightens

Shippers should prepare for higher rates for longer, according to investment firm SIG. "Tender rejections and spot rates have been supported by tightening supply, a dynamic we expect to continue building over the next several years."

By Craig Fuller
Railroads Shift From Coal to Profitable Intermodal Networks
SocialMar 31, 2026

Railroads Shift From Coal to Profitable Intermodal Networks

Coal used to be the lifeblood of the railroads, but over the past twenty years, the railroads have repositioned their networks around intermodal. Intermodal is far more profitable for the railroads. https://t.co/2oXyYJGqDN

By Craig Fuller
Rising Energy Costs Outperform Tariffs in Reducing Trade Deficit
SocialMar 31, 2026

Rising Energy Costs Outperform Tariffs in Reducing Trade Deficit

Higher energy prices will do far more to balance the trade deficit than tariffs could ever dream of.

By Craig Fuller
Tax Incentives Boost Industrial Activity, Freight Data Confirms
SocialMar 31, 2026

Tax Incentives Boost Industrial Activity, Freight Data Confirms

It makes sense that industrials have been ramping over the last few months. The One Big Beautiful Bill provided one of the biggest tax incentive packages in history to drive manufacturing investments. The freight data suggests it is working as...

By Craig Fuller
Higher Spot Rates Signal Strength, Not Bearishness
SocialMar 31, 2026

Higher Spot Rates Signal Strength, Not Bearishness

We get asked this often. Why is DAT so bearish? We’ve been trying to understand it as well. Here are the blog headlines from the flatbed market over the past few months. It’s doom and gloom. DAT’s data suggests the opposite. The...

By Craig Fuller
Fund FMCSA, Enforce Rules to Stop Truck Fatalities
SocialMar 31, 2026

Fund FMCSA, Enforce Rules to Stop Truck Fatalities

15 people die from accidents involving heavy duty trucks. The fix is obvious: fund the FMCSA and enforce the rules to get bad actors off our roads

By Craig Fuller
March Trucking Spot Rates Jump $0.48 to $3.18 per Mile
SocialMar 31, 2026

March Trucking Spot Rates Jump $0.48 to $3.18 per Mile

Trucking spot rates finish +$.48/mile for March on the daily. They started at $2.70/mile on March 1 and finish off at $3.18/mile. https://t.co/C4NHcEJZyJ

By Craig Fuller
1980s Trucking Paid So Well, Reps Got Company Cars
SocialMar 31, 2026

1980s Trucking Paid So Well, Reps Got Company Cars

How do you know that trucking was more lucrative in the 1980's? This was every truckload sales rep was issued as their company car https://t.co/DaCeK0AGVA

By Craig Fuller
Flatbed Freight Hits Historic Volumes, Half Loads Rejected
SocialMar 31, 2026

Flatbed Freight Hits Historic Volumes, Half Loads Rejected

CNBC: Recent freight charts mirror the COVID surge Flatbeds, which are almost always industrials or raw materials, are seeing some of the strongest volumes and rate strength in history with half of all flatbed truckloads turned down by motor carriers. https://t.co/70Idw1v0UM

By Craig Fuller
One in Five Trucks Unsafe, Leading Accident Predictor
SocialMar 30, 2026

One in Five Trucks Unsafe, Leading Accident Predictor

22% of all trucks on the road are unsafe at any speed and this is the number one predictor of accidents. There should be more outrage at the failure of trucking companies to ensure their equipment is maintained and safe.

By Craig Fuller
SONAR Launches Real‑Time Rail Dashboard for Bulk & Intermodal Data
SocialMar 30, 2026

SONAR Launches Real‑Time Rail Dashboard for Bulk & Intermodal Data

Excited to introduce SONAR's rail dashboard, which offers high-frequency bulk and intermodal data at your fingertips.

By Craig Fuller
Critical Trucking Regulator FMCSA Severely Underfunded
SocialMar 30, 2026

Critical Trucking Regulator FMCSA Severely Underfunded

The FMCSA is the most important regulator in trucking. Its job is to monitor the 800k registered motor carriers that transverse the highways. The problem: it is critically underfunded

By Craig Fuller
Intermodal Spot Rates Rise Amid Tight Trucking, China Container Surge
SocialMar 30, 2026

Intermodal Spot Rates Rise Amid Tight Trucking, China Container Surge

Intermodal spot rates are starting to respond to tight trucking conditions and surge of containers from China post-CNY https://t.co/16XPKA9srV

By Craig Fuller
From River‑Rail Junction to Global Logistics Hub
SocialMar 30, 2026

From River‑Rail Junction to Global Logistics Hub

Chattanooga began as the city where the river met the railroad and it has become a global leader in logistics. Diesel runs through Chattanooga's freight founders.

By Craig Fuller
Freight Rates Surge 12% as Flatbed Capacity Tightens
SocialMar 30, 2026

Freight Rates Surge 12% as Flatbed Capacity Tightens

CH Robinson, the largest freight broker, ups their rate forecast to +12% this year. They also mention the incredible strength of flatbed trucking. According to SONAR, nearly half of all flatbed loads are being rejected by carriers. Source: FreightCaviar https://t.co/zBb6ZV8OkV

By Craig Fuller
Flatbed Trucking Signals Bullish Freight Market Surge
SocialMar 30, 2026

Flatbed Trucking Signals Bullish Freight Market Surge

Despite the noise around the war, this is the most bullish setup we’ve had in the domestic freight market since COVID. The industrials are roaring back, as proven by the strength of flatbed trucking.

By Craig Fuller
Driving a Semi: Japanese Students' Iconic American Experience
SocialMar 30, 2026

Driving a Semi: Japanese Students' Iconic American Experience

We used to host Japanese exchange students and would take them down to the truck terminal to drive a semi and stop at the Pilot. It was the highlight of their American experience. Nothing is more American than traditional trucking culture....

By Craig Fuller
Stolen Kit Kats Reveal Widespread Cargo Crime
SocialMar 30, 2026

Stolen Kit Kats Reveal Widespread Cargo Crime

It’s going to take a load of stolen Kit Kats for people to realize how pervasive and common cargo crime is.

By Craig Fuller
Catch My Early CNBC Interview on Freight Outlook
SocialMar 30, 2026

Catch My Early CNBC Interview on Freight Outlook

I will be on CNBC at 5:15 AM ET today. Talking about the state of freight. Tune in!

By Craig Fuller
Truckloads Surge as LTL Consolidates in Freight Recovery
SocialMar 29, 2026

Truckloads Surge as LTL Consolidates in Freight Recovery

The Cass Shipment index is an important barometer of freight activity, but there are some important nuances. The freight market had been in one of the biggest recessions in history. But in late November, we saw a surge of activity that has...

By Craig Fuller
Chicago Stays Among Nation’s Tightest Housing Markets
SocialMar 29, 2026

Chicago Stays Among Nation’s Tightest Housing Markets

Chicago was one of the first markets to tighten. Despite tightness spreading to other major markets, Chicago remains one of the tightest markets in the country. https://t.co/mLkRlRBTH3

By Craig Fuller
Atlanta's Capacity Tightens Sharply, Rejection Rate Hits 13.6%
SocialMar 29, 2026

Atlanta's Capacity Tightens Sharply, Rejection Rate Hits 13.6%

When capacity first started to tighten, Atlanta stayed out of the rally. In recent weeks, Atlanta has started to sharply tighten. Rejections at 13.62% https://t.co/3hELRXDncJ

By Craig Fuller
Dallas Surge Redirects Trucks, Balances National Capacity
SocialMar 28, 2026

Dallas Surge Redirects Trucks, Balances National Capacity

When a big market like Dallas surges, large carriers prioritize loads inbound to take advantage. This takes trucks from other parts of the country, but smoothes out the capacity map across the US.

By Craig Fuller
Dallas Shifts From Backhaul Nightmare to Extreme Tightening
SocialMar 28, 2026

Dallas Shifts From Backhaul Nightmare to Extreme Tightening

I'm old enough to remember when Dallas was a backhaul market and one of the worst places to send trucks to. That is has not been the case for many years and certainly not now. The Dallas market is experiencing...

By Craig Fuller
Texas Capacity Tightens; Dallas Rejections Hit 19% High
SocialMar 28, 2026

Texas Capacity Tightens; Dallas Rejections Hit 19% High

Capacity out of Texas is tightening faster than any other market. Rejections out of Dallas surged to 19%, the highest levels since 2021! https://t.co/0Um53N20C4

By Craig Fuller
Truckload Volume Index Hits 4‑Year High, Up 12% YoY
SocialMar 28, 2026

Truckload Volume Index Hits 4‑Year High, Up 12% YoY

SONAR Truckload Volume Index continues to climb. +12% YoY, highest levels in 4 years https://t.co/7CorH9A2bO

By Craig Fuller
FreightWaves Launches Low‑Cost National Freight Market Monitor
SocialMar 28, 2026

FreightWaves Launches Low‑Cost National Freight Market Monitor

FreightWaves will be introducing a brand new low-cost data, new, and research platform of national freight market summary data for website browsers next week. We call this FreightWaves Market Monitor. It is a roundup of our national data, making it...

By Craig Fuller
Flatbed Rates Surge, Contradicting Miller’s Flat Forecast
SocialMar 28, 2026

Flatbed Rates Surge, Contradicting Miller’s Flat Forecast

Can someone explain this why Jason Miller believes that flatbed spot rates are flat or down slightly in March? Is DAT's flatbed data that far off from Truckstop and SONAR (two completely independent data sources)? Even if you use Miller's...

By Craig Fuller
DOT Actions Finally Boost Truck Drivers' Earnings
SocialMar 27, 2026

DOT Actions Finally Boost Truck Drivers' Earnings

The hard working truck drivers are finally able to make hard earned money thanks to the DOT’s efforts

By Craig Fuller
SBA Launches Huge Financing for Specialized Truckers
SocialMar 27, 2026

SBA Launches Huge Financing for Specialized Truckers

Reefer, hazmat, and flatbed truckers and logistics service providers were just given a massive financing vehicle by the SBA.

By Craig Fuller
FreightWaves Launches Top‑Rated Daily Freight Market Show
SocialMar 27, 2026

FreightWaves Launches Top‑Rated Daily Freight Market Show

FreightWaves Today, our daily freight market show coming in May, is now the most successful ad-supported show we've ever launched at FreightWaves. I will be the host alongside Julie, featuring Zach, Malcolm, Charles, and our team of market experts. Each...

By Craig Fuller
Inevitable Conflict Drives Need for Self‑Sufficient Supply Chains
SocialMar 27, 2026

Inevitable Conflict Drives Need for Self‑Sufficient Supply Chains

We’ve never been good at fixing things we blew up and we are the world’s best at blowing things up. It was never a matter of if we’d get into a kinetic conflict with Iran, but when. All the more...

By Craig Fuller
Zero‑Carbon Policies Spark Australia’s Fuel Shortage Crisis
SocialMar 27, 2026

Zero‑Carbon Policies Spark Australia’s Fuel Shortage Crisis

Australia faces a massive gasoline and diesel shortage, which is a travesty of its own making. NIMBYism and zero carbon policies are killing first world economies https://t.co/zOWEhNZ4qm

By Craig Fuller
Truckers Praise Sec. Duffy as First Supportive DOT Leader
SocialMar 27, 2026

Truckers Praise Sec. Duffy as First Supportive DOT Leader

@SecDuffy is a rockstar among truckers who feel that he is the first DOT Secretary that has their back...

By Craig Fuller
Truckstops Exploit Tax-Driven Diesel Price Gaps; West Coast Policies Blamed
SocialMar 27, 2026

Truckstops Exploit Tax-Driven Diesel Price Gaps; West Coast Policies Blamed

The major truckstops already do this arb. They will move their diesel purchases between PADs to take advantage of price deltas at the rack. But a good portion of the diesel cost delta is actually tax and transportation related. The...

By Craig Fuller
New Map Shows Diesel Cost Per Mile by Location
SocialMar 27, 2026

New Map Shows Diesel Cost Per Mile by Location

We've created a new map, which tracks the estimated cost per mile for buying diesel, depending on where you purchase fuel. https://t.co/JKDNneabWc

By Craig Fuller
Flatbed Load Rejections Hit 50% This Weekend
SocialMar 27, 2026

Flatbed Load Rejections Hit 50% This Weekend

Flatbed rejections remain extremely elevated as we head into the weekend. Half of all flatbed loads are being turned down by operators. https://t.co/RMKQZhvvwh

By Craig Fuller
America Must Secure Supply Chains by Reshoring Production
SocialMar 27, 2026

America Must Secure Supply Chains by Reshoring Production

This is the primary reason that I am adamant about moving production back to the Americas. It’s more expensive, but without it, we are incredibly vulnerable. If kinetic war breaks out in Asia, our supply chains are at substantial risk....

By Craig Fuller
Truckload Van Rates Set to Beat 2021 Record
SocialMar 27, 2026

Truckload Van Rates Set to Beat 2021 Record

The record truckload van spot rate is $3.55/mile, hit in late 2021. I have conviction that we will surpass that this year. If we don’t, I will go to Turkey and get this haircut. https://t.co/vzD4gUx7Xc

By Craig Fuller
Auto Rail Shipments Near All‑time Highs Amid Economic Uncertainty
SocialMar 27, 2026

Auto Rail Shipments Near All‑time Highs Amid Economic Uncertainty

Despite the noise in the economy, auto shipments via rail are near all time highs https://t.co/JLtQ05WOqa

By Craig Fuller
US Chemical Rail Shipments Set New Historic Record
SocialMar 27, 2026

US Chemical Rail Shipments Set New Historic Record

Last month, the US shipped more chemicals via rail than any other time in history. With a week to go, March will break that number... https://t.co/uOZuXMwy6j

By Craig Fuller
Rates Surge Above Market Peaks Even Amid COVID
SocialMar 27, 2026

Rates Surge Above Market Peaks Even Amid COVID

Wowzer... Sherif is see rates far above market peaks, even during the COVID slam https://t.co/7CmmVuEBD6

By Craig Fuller
Turning a Fountain Into a Realistic Offshore Oil Rig
SocialMar 26, 2026

Turning a Fountain Into a Realistic Offshore Oil Rig

For the Motion Museum, we are going to convert the fish fountain that was inside of the Cabelas to the Gulf of America and put a giant offshore oil rig in the middle of it. Think Maelstrom from Epcot. We...

By Craig Fuller
Van Spot Rates Surge to $3.04/mile, Bears Stunned
SocialMar 26, 2026

Van Spot Rates Surge to $3.04/mile, Bears Stunned

Trucking van spot rates back up to $3.04/mile on the daily. Not looking good for the bears. https://t.co/QNrWq6PjDl

By Craig Fuller