Message to Investors
When you invest in LaneAxis, you’re investing in more than a company – you’re investing in a movement.
Every person reading this is affected by the supply chain and the inefficiencies crippling it. Look around your own home – most everything you see ended up on a truck at some point. While the supply chain is complicated, LaneAxis streamlines and simplifies it for key stakeholders with one overarching solution: direct shipper-to-carrier connectivity, total network visibility, and smart contract security managed by the LaneAxis Immutable Chain.
There are mountains of stats to support the need for LaneAxis’ patented model, but perhaps none more significant than this: Research shows 94% of businesses do not have full visibility of their supply chain and logistics operations2.
This translates into higher costs for shippers, shattered links in the supply chain, and empty shelves at stores – particularly during unforeseen emergencies such as pandemics or regional and national disasters.
It also explains why so many shippers turn to costly, cumbersome and often unscrupulous transportation intermediaries. Every year freight brokers and “managed services” consume $200 billion+ in commissions and fees – revenue taken directly out of the pockets of hardworking U.S. truck drivers. Ultimately it’s consumers who bear the brunt of these exorbitant fees in the form of higher prices.
It’s critical to remember 97% of U.S. trucking companies are small and independent3, owning just a handful of trucks – and in many cases just a single truck. These small “mom and pop” shops represent the backbone of the trucking sector – and by extension the U.S. economy. But you wouldn’t know it by the way these carriers are treated and compensated. A shipper-direct, brokerless network is long overdue, which is why LaneAxis has quickly amassed an army of 20,000+ trucking companies starving for a broker-free solution.
Intermediaries have long trumpeted their business model as critical to helping streamline and manage complicated processes. But logic dictates that intermediaries not only need chaotic processes to justify their existence, but many actually contribute to and exacerbate that very chaos in an effort to cement their place in the middle of a mess they largely created.
LaneAxis fundamentally rejects this approach. Intermediaries occasionally add value, but where they really excel is adding unnecessary costs while doing little to improve visibility or efficiency.
If the pandemic taught us anything, it’s that the supply chain is in desperate need of reinvention.
LaneAxis is leading this movement.