Chattanooga, TN – According to filings with the U.S. Securities and Exchange Commission, FreightWaves is raising $16,049,969.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Craig Fuller played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About FreightWaves

FreightWaves enables companies involved in the $9.6T global logistics market to benchmark, analyze, monitor and forecast. The company is the world’s leading supply chain intelligence platform. More than one million professionals and 500+ global enterprises use FreightWaves intelligence to make informed decisions about their current and future supply chain operations. FreightWaves provides supply chain organizations with fundamental data and context that help benchmark, analyze, monitor and forecast activity, pricing and risks in the global freight market. Information and tools that FreightWaves offers the global logistics industry increase efficiency and profitability by driving more accurate pricing, higher utilization of assets and lower emissions. FreightWaves’ flagship SaaS product, SONAR, offers billions of data points on the global logistics industry, updated daily. The platform is used throughout the industry, by capacity providers and organizations that contract with capacity providers, to make more informed and efficient decisions about how to route, manage and forecast their supply chains.

To learn more about FreightWaves, visit http://www.freightwaves.com/

Contact:
Craig Fuller, Chief Executive Officer
423-205-3001
https://www.linkedin.com/in/incab/

SOURCE: http://www.intelligence360.io
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