Virtual Freight Management – Driving the Evolution of Trucking Logistics
American truckers are responsible for transporting ¾ of all freight that moves from coast to coast and border to border.
Logistics solutions already exist right? For such a large and critical segment of the U.S. economy, it would be easy to assume a centralized, digitized system is in place allowing for easy tracking and management of cargo as it moves across the country.
Wrong. A huge market opportunity exists as no tool currently on the market allows shippers and receivers to actively track and manage cargo in real time. With 2 million truck loads shipped every day that largely still rely on archaic technologies such as fax machines, phone calls, and paper processes to initiate, manage and track shipments, a huge opportunity exists to bring this industry into the 21st century.
The current movement of cargo is extremely inefficient. 90% of freight movements in the U.S. are handled by smaller independent trucking companies with 6 or fewer trucks. Most of these small Carriers lack the technology to provide Shippers and Brokers true real-time visibility into their shipment status. Many of these small trucking companies also continue to rely on outdated and time-consuming faxing, phone calls, and emails to transact business, slowing the payment window for all parties involved.
LaneAxis’s Solution. LaneAxis® has finally created a solution to solve this major pain point in the shipping and logistics industry. LaneAxis is a cloud-based, software-as-a-service (SaaS) that enables all participants in the long-haul trucking ecosystem automation, transparency, and real-time data.
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