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John Paul Hampstead

John Paul conducts research on multimodal freight markets and holds a Ph.D. in English literature from the University of Michigan. Prior to building a research team at FreightWaves, JP spent two years on the editorial side covering trucking markets, freight brokerage, and M&A.
Mar - 2019 -
13 March
John Paul Hampstead

FMCSA chief Martinez’s reception at TCA marks improved relationship between regulators and industry

Martinez emphasized a collaborative approach to regulation and said that removing non-preventable accidents from CSA scorecards is next on the agency’s agenda.

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12 March
John Paul Hampstead

“Hope is not a strategy” –‘the pulse of truckload’ at TCA

Panelists discussed current market data and how the TCA educates its members to operationalize data in their businesses.

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John Paul Hampstead

TCA members raise safety, productivity, regulatory concerns at autonomous trucking panel

The audience brought up ‘the trolley problem’ and the productivity gains of Level 4 autonomous trucks.

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08 March
John Paul Hampstead

Brent Orsuga on solving people issues at freight brokerages

High-growth business models make sourcing talent even more difficult for freight brokerages.

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07 March
John Paul Hampstead

Apollo Global Management buys Direct ChassisLink, Blume Global for reported $2.5B

The seller was Swedish private equity group EQT Partners, which may be trying to clean up its balance sheet ahead of an IPO.

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06 March
John Paul Hampstead

Harris Williams bankers explain why 3PL M&A will stay hot in 2019

Valuations will stay high and capital is readily accessible, bringing both sellers and buyers to market.

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05 March
John Paul Hampstead

Gates, a16z invest in KoBold Metals, AI startup hunting ethical cobalt

KoBold Metals’ algos analyze geological data to find untapped sources of cobalt ore.

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John Paul Hampstead

Warning UPS about excessive capex and buybacks, Moody’s downgrades outlook to negative

If UPS sticks to its capex and buyback plans—which exceed projections for free cash flow—the parcel carrier may have to issue more debt.

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John Paul Hampstead

Brokers say ample capacity readily absorbing contracted volume uptick

We checked in with executives from Edge Logistics, Avenger Logistics, and Convoy to see how brokers are handling YOY volume growth.

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02 March
John Paul Hampstead

Digital freight brokerage growth to accelerate sharply over next five years

Trucking-as-a-service is poised to break out into 5x growth over the next five years, says Frost & Sullivan.

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John Paul Hampstead

Lyft the first unicorn to file an IPO in 2019

Transportation-as-a-service will have a huge 2019, and Lyft is kicking it off.

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01 March
John Paul Hampstead

C.H. Robinson acquires The Space Cargo Group, Madrid-based freight forwarder

CHRW fills out geographical white space and adds density to its Transatlantic forwarding business after turning the corner on the Milgram & Co. integration.

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Feb - 2019 -
28 February
John Paul Hampstead

The high stakes of warehouse digitization

In partnership with Slync… Markdowns cost retailers $300 billion a year, and inventory mismanagement is largely to blame.

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John Paul Hampstead

Freight brokers say capacity loose, markets stable

A healthy month-end volume uptick hasn’t tightened capacity, allowing brokers to stay in their happy place.

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26 February
John Paul Hampstead

Grant Crawford promoted to president at Emerge

Crawford’s mission is to secure large enterprise customers, grow the company aggressively, and prepare for the next stage in the venture capital cycle.

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John Paul Hampstead

Capital Logistics says revenue will double to $100M in 2019

Small brokerages are confident they can grow quickly in a softening freight environment and trend-line GDP growth.

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John Paul Hampstead

Allison Transmission guides down hard for 2019

North America On-Highway and Defense softened sequentially, and management thinks the company will make much less money in 2019.

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John Paul Hampstead

Breaking: SEC wants Elon Musk held in contempt

The SEC says that Elon Musk violated his settlement agreement by issuing material, forward-looking statements about Tesla without having them pre-approved by an internal process.

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25 February
John Paul Hampstead

Analysts react to Expeditors’ Q4 results

Expeditors should do well in a softening ocean freight market and a Panalpina deal wouldn’t necessarily be a bad thing.

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22 February
John Paul Hampstead

Green supply chains must be digital supply chains

In partnership with Slync… sustainable supply chain initiatives depend on shared data, realtime collaboration, and advanced analytics.

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21 February
John Paul Hampstead

Load-matching app downloads and stickiness leaderboard released by CarrierLists

Digital upstarts have scored a lot of downloads, but their apps still aren’t as sticky as the incumbents.

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20 February
John Paul Hampstead

Why Chicago brokers call contract rates ‘paper rates’

The boundary between spot and contract pricing is always shifting, especially when freight markets are volatile.

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15 February
John Paul Hampstead

FLS acquires Scott Logistics, creating a $500M revenue brokerage

The largest Canadian freight brokerage purchased a 3PL concentrated in the Southeastern United States.

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John Paul Hampstead

At Stifel, freight tech leaders talk valuations, capital flows, and adoption

project44’s Jett McCandless, KeepTruckin’s Ori Franco, Transfix’s Drew McElroy, and Freightos’ Philip von Mecklenburg-Blumenthal were all panelists.

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14 February
John Paul Hampstead

At Stifel, Satterfield explained what Old Dominion does with all that cash

ODFL spends money on aggressive capex building out its network of service centers and maintaining a low tractor-to-trailer ratio, as well as, increasingly, share buybacks.

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John Paul Hampstead

Over-sized cargo marketplace e2log raises seed round with 8VC

The Houston-based startup is run by executives with decades of experience in global logistics, and plans to tackle the oil and gas vertical first.

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13 February
John Paul Hampstead

Key takeaways from Stifel’s logistics panel

Convoy CEO Dan Lewis said that digital brokerage margins would expand until most participants adopted low-cost structure, then start compressing.

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John Paul Hampstead

Key takeaways from Stifel’s private equity and venture capital panel

Private equity has become the major player in financing the growth of transportation and logistics companies, and venture capital inflows have also accelerated dramatically.

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John Paul Hampstead

Barry Bannister, Stifel’s prophet of doom

Stifel’s head of equity strategy thinks the stock market will be weak for the next decade and that the federal government will default on debt unless it can force access into Chinese markets.

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10 February
John Paul Hampstead

Anthony Levandowski talks state of autonomous tech, his new startup Pronto

Pronto built a high-performing Level 2 solution for commercial vehicles with dynamic throttling, braking, and steering.

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09 February
John Paul Hampstead

Three Uber Freight co-founders join supply chain software startup Turvo

Bergevin, Cristol, and Stauffer want to attack fundamental problems affecting the whole supply chain beyond truckload arbitrage.

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08 February
John Paul Hampstead

U.S. Xpress shares surge on lowest OR in twenty years

USX shifted its fleet away from over-the-road toward dedicated and lowered its adjusted operating ratio to 92.5%.

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07 February
John Paul Hampstead

Analysts react to Echo’s Q4 results

Today’s selloff on soft revenue growth guidance went too far, according to Stifel’s Bruce Chan and Susquehanna’s Bascome Majors.

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06 February
John Paul Hampstead

Trucking Freight Futures Road Show hits Wall Street, heads to Chicago

FreightWaves, DAT, Nodal Exchange, and K-Ratio pitched trucking freight futures to a diverse group of financial institutions and media and tech companies on Wall Street on Wednesday.

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05 February
John Paul Hampstead

Why trucking freight futures now?

Access to data has improved market transparency, and recent spikes in volatility make the case that transportation costs must be hedged and de-risked.

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01 February
John Paul Hampstead

Fuller and Bayaan speak on rapidly deteriorating freight economy

The macroeconomy is slowing down to trend-line growth, but drivers of freight movement look worse.

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Jan - 2019 -
31 January
John Paul Hampstead

Analysts react to C.H. Robinson’s Q4 results

After a day of choppy trading, a consensus seemed to emerge that CHRW was well-positioned to grow net revenues even in a re-balancing freight market.

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29 January
John Paul Hampstead

How do freight brokerages grow so quickly?

In partnership with Arrive… high-tech freight brokerages are necessary links in the supply chain, but the key to their growth is how they select and coach their people.

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John Paul Hampstead

Truckload stocks outperforming S&P 500 so far in 2019

Investors may be starting to come around to the idea that truckload carriers have another year of strong margins ahead of them.

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28 January
John Paul Hampstead

McKinsey forecasts global truck OEM profits by region to 2030

Profitability will lag in high growth markets like Brazil and India, but aftersales services in NAFTA and the EU will drive profitability growth.

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John Paul Hampstead

Transplace’s new CTO to increase transaction-processing bandwidth

CEO Frank McGuigan and CTO Jim French discussed customer-oriented technology, trends in digital brokerage, M&A, and the future of managed transportation.

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25 January
John Paul Hampstead

Brokerages with healthy contract relationships feel insulated from downturn

Spot-heavy 3PLs are looking for freight while brokers with good contract relationships are getting rewarded.

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24 January
John Paul Hampstead

The Permian Basin’s demand for crude oil tanker trucks could quadruple in Q2

Lower WTI prices mean slower pipeline construction and more pressure on crude-by-truck.

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John Paul Hampstead

‘Stay out of the sand traps’ — brokers navigate tricky bid season

Capacity is as loose as ever, but some freight brokerages told us they don’t trust the market to stay cool.

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20 January
John Paul Hampstead

“The port that never sleeps”: Savannah’s ambitious plans for expansion

$2 billion in capex over the next ten years will nearly double Savannah’s container traffic to 8 million TEUs annually.

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18 January
John Paul Hampstead

The next freight recession and what you can do about it

In partnership with Slync… There are numerous reasons to be worried about the health of global trade and the goods economy, even though, in our view, a full-on macro-economic recession in the United States is still unlikely.

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17 January
John Paul Hampstead

Chicago to Atlanta a carrier safe haven amid the carnage?

Chicago to Atlanta is holding up around $2/mile net of fuel, while lanes like Los Angeles to Dallas have crashed 40% off their November high.

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15 January
John Paul Hampstead

Carriers roughed up as shippers, brokers search for freight market bottom

Shippers aren’t shy about moving contract rates down in RFP negotiations, and even brokers are surprised at how cheap capacity has become.

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14 January
John Paul Hampstead

“So much addressable market” – Kirchner joins GlobalTranz board

Eric Kirchner, the former CEO of UTi Worldwide, will offer strategic advice as GlobalTranz expands into new geographies and types of transactions.

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11 January
John Paul Hampstead

Brokers move aggressively to undercut carriers on 2019 contract freight

Asset-based carriers think contract rates are going up; brokers think they’re going down.

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10 January
John Paul Hampstead

L.A. warehouse crunch pushes freight into Northern California

The U.S. – China trade war continues to disrupt freight movements into the new year.

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09 January
John Paul Hampstead

Chattanooga’s transport & logistics industry gathers at our first Freight Alley meetup

The mobility and freight business community of Chattanooga is starting to think strategically about growing the industry.

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John Paul Hampstead

Fracking jobs peaked in June; so did flatbed rates

Spot flatbed lanes in the oil field are more volatile and priced at a premium to national averages. They’re closely correlated to fracking activity in the Permian Basin, which is why we keep a close eye on oil prices and production.

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08 January
John Paul Hampstead

Rapid-fire pitch: TAC Index brings price discovery, benchmarks to air cargo

TAC Index Managing Director Peyton Burnett demonstrates his platform, explains how the data is processed, and outlines the potential for the derivatives market based on reliable air cargo price discovery.

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John Paul Hampstead

Freight brokers cautiously optimistic in the New Year, but there’s an ominous counterpoint

We spoke to brokers from Avenger, Axle, LYNC, Redwood, MoLo, and K & L about their hopes and fears for January freight.

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07 January
John Paul Hampstead

Morgan Stanley, Stifel analysts have wildly divergent views on freight brokerages

Morgan Stanley likes asset-based carriers while Stifel is bullish on 3PLs, and the banks don’t agree on what the business risks to C.H. Robinson are.

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John Paul Hampstead

Rapid-fire pitch: SUKU’s blockchain-based supply-chain-as-a-service

SUKU wants to decentralize the supply chain and make it run more efficiently and cheaply through its blockchain-based, open-source platform.

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06 January
John Paul Hampstead

Rapid-fire pitch: Slync automates exception management

Slync’s next generation supply chain management platform sits on top of legacy systems, pulling siloed data together, analyzing it, and initiating AI-powered workflows, and notifying human operators when they’re needed.

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04 January
John Paul Hampstead

Managing exceptions during the holidays and reverse logistics season

In partnership with Slync… improving on-time rates and a continually evolving reverse logistics season have increased the pressure on supply chain partners to manage exceptions collaboratively and proactively.

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03 January
John Paul Hampstead

Matt Silver launches cross-border brokerage Forager Logistics

Forager is building a digital freight marketplace to automate elements of cross-border logistics.

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John Paul Hampstead

UPDATE: Xpress Global Systems / Aterian deal

Aterian Investment Partners Principal Michael Fieldstone said that his firm supported XGS CEO Darrel Harris and his management team and would provide capital to complete improvements to the business.

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Dec - 2018 -
30 December
John Paul Hampstead

Andrew Silver reflects on MoLo Solutions’ first full year of operations

Andrew Silver, CEO of MoLo Solutions, looked back at 2018 and talked about the challenges and joys of running a high-growth brokerage, December freight markets, and and MoLo’s plan for 2019.

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29 December
John Paul Hampstead

a16z, General Catalyst pour $100M into Samsara at $3.6B valuation

The rapidly growing connected sensor and software company doubled its valuation and positioned for future progress ahead of what could be 2019’s “winter for venture capital.”

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28 December
John Paul Hampstead

FMCSA says trucks can use cameras instead of rear-view mirrors

The regulatory body granted Stoneridge a five year exemption to install its MirrorEye camera monitoring system on trucks in lieu of two rear-view mirrors.

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21 December
John Paul Hampstead

GlobalTranz’s Krug and Farrell on 2019: “lots of acquisitions in the pipeline”

We spoke to GlobalTranz’s outgoing CEO Bob Farrell and new CEO Renee Krug about the transition in leadership and the marketplace for mergers and acquisitions in the 3PL space going forward into 2019.

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20 December
John Paul Hampstead

Capacity tightens as drivers reposition for holiday hometime

We spoke to executives at Arrive Logistics and LYNC Logistics about the challenges in covering their customers’ exceptions and service failures in the lead-up to Christmas.

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19 December
John Paul Hampstead

Today’s Pickup: carriers position drivers closer to home

Crude oil crashes; FedEx slashes profit forecasts; Musk unveils Boring Company’s first tunnel; container and petroleum exporters fight at Port of Houston; Fed expected to make a ‘dovish hike’ today.

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John Paul Hampstead

Transparency19 unveils new immersive format, keynotes

Keynotes will include Gary Vaynerchuk, David Rowan, Andrew Clarke, Shelley Simpson, and Brad Jacobs.

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18 December
John Paul Hampstead

Large 3PLs break into frothy Memphis headhaul market

We spoke to executives from Trident, Avenger, Redwood, and Echo about the challenges and opportunities of the Memphis freight market, long dominated by asset-based carriers.

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17 December
John Paul Hampstead

McKinsey paints too-rosy picture of autonomous trucking

If driver wages are eliminated, total cost of ownership will fall. But capacity will saturate the market and rates will crash. In the end, trucking will still be a capital-intensive and low-margin industry.

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14 December
John Paul Hampstead

Slync CEO joins SAP.iO leadership to discuss corporate innovation, startup engagement in Tokyo

In partnership with Slync… Slync CEO Chris Kirchner was in Tokyo this week to meet press, speak with startups and participate in customer discussions at the SAP.iO Foundry—Tokyo ecosystem engagement event.

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13 December
John Paul Hampstead

Christmas comes early for most freight brokers in 2018

Executives from Axle Logistics, Network Transport, Transfix, and Convoy weigh in on peak season 2018: higher volumes and less volatility than 2017 means that most brokers are sitting pretty.

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11 December
John Paul Hampstead

Drayage is opaque, inefficient, and ripe for digitization

In partnership with Blume Global… In our view, increased digitization can make drayage markets more transparent and improve asset utilization, making carrier offerings more attractive on both a cost and service basis.

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10 December
John Paul Hampstead

Cowen joins chorus of trucking bears but says 3PLs are safe

Cowen expects softening trucking prices in 2019 to be a headwind for truckload carrier earnings, but should widen gross margins for freight brokerages.

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07 December
John Paul Hampstead

Southeastern flatbed demand softens amid housing lull

We talked to freight brokers at LYNC Logistics, Arrive Logistics, and MoLo Solutions about whether recent softness in flatbed demand signaled a return to normal seasonality, and where unexpected opportunities might be hiding.

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05 December
John Paul Hampstead

Brokers: capacity migrating south for the winter

Brokers at Arrive, Trident, and Avenger told us that capacity is flowing into Southeast markets, pushing down rates in that region, while the PNW and Midwest have tightened up significantly.

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03 December
John Paul Hampstead

Dry bulk carrier stocks win big on China tariff delay

Dry bulk carriers outperformed the S&P 500 by a significant margin today, with Star Bulk Carriers, the largest publicly traded fleet in the segment, gaining 5.1% on the day.

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John Paul Hampstead

Lane Explorer & Shipper 2.0: race between Uber Freight, Convoy something to behold

We spoke to Uber Freight Product Manager Stefan Sohlstrom and Convoy’s Chief Product Officer, Ziad Ismail, about last week’s releases and what increased transparency means for the brokerage industry.

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01 December
John Paul Hampstead

Some roads, oil pipelines re-open after Anchorage earthquake

A severe earthquake measuring 7.0 on the Richter scale struck southern Alaska on Friday morning at 8:29 AM AST, disrupting transportation and energy infrastructure.

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Nov - 2018 -
30 November
John Paul Hampstead

Stifel bullish, Morgan Stanley bearish on trucking

Investment bank Stifel Nicolaus (NYSE: SF) thinks that publicly-traded truckload stocks are now an attractive buy, with higher earnings available at reasonable valuations. That’s just one takeaway from a raft of research released this week by Stifel and Morgan Stanley (NYSE: MS) as the banks look forward to what next year holds for transportation. 

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29 November
John Paul Hampstead

Fuller & Bayaan reflect on an unusual year for freight, forecast 2019

The November Market Update, presented in partnership with Convoy, featured FreightWaves CEO Craig Fuller and Chief Economist Ibrahiim Bayaan, who discussed macroeconomic data and trends in freight markets.

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28 November
John Paul Hampstead

Arrive Logistics launches Chattanooga office

On Tuesday afternoon, Arrive Logistics popped champagne as the freight brokerage officially opened its downtown Chattanooga office on Market Street. We spoke to Arrive executives about the company’s culture, growth story, and plans for Chattanooga.

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27 November
John Paul Hampstead

Flush with capital, project44 transforms C-Suite, looks to scale

We interview project44’s new CFO, CTO and CMO as the visibility solution provider, fresh off a capital raise, prepares to scale rapidly.

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26 November
John Paul Hampstead

Fleet Complete equity acquired by pension fund, guides for 10x growth

This morning Fleet Complete, a global leader in connected vehicle technology and software, announced that it had been acquired by the Ontario Teachers’ Pension Plan, a large fund with $193.9B in assets.

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23 November
John Paul Hampstead

Freight.Tech 25: automation and customization drive Uber Freight to #6

At MarketWaves18, FreightWaves announced the Freight.Tech 25, the industry’s list of the most innovative and disruptive companies in transportation and logistics: Uber Freight took the sixth position.

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21 November
John Paul Hampstead

Our second book, Freight Revolution, now available for free download

The second FreightWaves book, Freight Revolution: the supply chain will never be the same, sponsored by Uber Freight, is now available for download.

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20 November
John Paul Hampstead

Freight.Tech 25: Silicon Valley money and the network effect lead Convoy to #4

Just three years after its founding in Seattle by two former Amazon executives, the leading digital freight brokerage Convoy reached a unicorn valuation and took the #4 spot in the Freight.Tech 25.

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19 November
John Paul Hampstead

Panama spread widens in last week for pre-tariff China – East Coast sailings

The Panama spread (FBX.PANA) widened last night when Freightos released new container rates for this week: rates from China to the American East Coast (FBX.CNAE) climbed to $3,683, while rates to the West Coast (FBX.CNAW) fell slightly to $2,527.

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16 November
John Paul Hampstead

Brokers and forwarders: West Coast action not just tariffs

Executives from MoLo, Steam, and Arrive gave insight into the complexity of West Coast freight market volatility, which goes beyond tariffs, and talked about how brokerages and shippers are responding.

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15 November
John Paul Hampstead

Key takeaways from the Blockchain in Transport Alliance fall symposium

On Wednesday at the Texan Gaylord Resort and Convention Center, following MarketWaves18, members of the Blockchain in Transport Alliance (BiTA) met to receive updates on the organization’s progress toward data standards, hear announcements, share feedback, and learn about the work being done by BiTA’s think thanks.

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13 November
John Paul Hampstead

MW18: Freight Futures will launch on the Nodal Exchange March 29

This morning at MarketWaves18 in Grapevine, Texas, FreightWaves CEO Craig Fuller announced that freight futures will begin trading on March 29, 2018.

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John Paul Hampstead

MW18 Demo Day round 4

In the last round of live technology demonstrations at MarketWaves 18, companies showed off products that automated document imaging and processing, matching loads to trucks, financing the supply chain, and creating price discovery for air cargo.

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12 November
John Paul Hampstead

MW18 Demo Day Round 1

The first round of nine live technologies demonstrations at MarketWaves included blockchain-based logistics platforms, software that integrated directly into devices onboard a truck, and artificial intelligence solutions that automate repetitive manual tasks.

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