Entrepreneurship, Job Creation, Spotlights

The Wall Street Journal: Will Truckers Trade Futures? A New Market Seeks to Draw Freight Bets

By [email protected]
Mar. 29, 2019

Alexander Osipovich

M775hmYTLAE

The Wall Street Journal (WSJ) reports that the first futures tied to the cost of trucking goods across the U.S. launched in Chattanooga today, with the debut by Nodal Exchange of 11 futures contracts linked to trucking costs. Will an old-school industry embrace a new financial tool designed to protect cargo haulers and shippers against swings in freight rates?

The unit of Deutsche Börse AG works with trucking data and news provider FreightWaves and trucking load board DAT Solutions LLC on the plan. FreightWaves Chief Exeuctive Craig Fuller predicts trading will “start small and build over time.”

For Wall Street Journal subscribers, view the full article here.

Find out more about trucking freight futures here.

Chattanooga Chamber Releases 2023 Public Policy Agenda

With input from members and community stakeholders, Chattanooga Area Chamber of Commerce released its annual Public Policy Agenda. Justin Groenert, Vice President, Public Policy, Chattanooga Chamber, explains our legislative priorities for 2023: This year marks new beginnings for Chattanooga and…

Continue

So, You Want To Be a Podcaster

Imagine you're an entrepreneur whose startup is beginning to establish roots. You're growing your marketing efforts organically, building a name for yourself through social media, networking events, trade shows, and support for community organizations like your local chamber of commerce.…

Continue

Roland-Mclntyre-sits-at-his-desk-Caleb-Stambaugh

Celebrating Chattanooga’s Black-Owned Businesses

Black History Month annually serves as a season to honor the historical triumphs and struggles of notable Black Americans. This year TREND and the Chattanooga Chamber of Commerce are highlighting just a handful of the diverse variety of African-American entrepreneurs…

Continue

The Wall Street Journal: Will Truckers Trade Futures? A New Market Seeks to Draw Freight Bets

Related Articles

Nokian Tyres Announce $174 Million Expansion

Getting the Scoop: An Interview with Megan Roberts of Local 3 News

iFixit Warehouse Plan Wins Approval

Other Topics

Chattanooga Chamber Releases 2023 Public Policy Agenda

So, You Want To Be a Podcaster

Celebrating Chattanooga’s Black-Owned Businesses

Chattanooga Chamber Releases 2023 Public Policy Agenda

So, You Want To Be a Podcaster

Celebrating Chattanooga’s Black-Owned Businesses

Where Are We Now? A Look Back at Chattanooga Climbs

Nokian Tyres Announce $174 Million Expansion

Leadership Chattanooga Alumni Spotlight: Cory Howard

Sign up for weekly updates.

Sign up for weekly updates.