Lanehub, a collaborative transportation network that enables shippers or carriers to match recurring freight lanes consistently, announced more than 75% growth in the number of lane matches on its platform in third quarter 2018 while it also continues to onboard new companies.
“Our membership is seeing an increasing number of Fortune 500 companies, including well-known food and beverage, consumer goods and manufacturing operations, using our collaborative approach to increasing capacity utilization and reducing costs,” said Mark Hackl, CEO and founder of Lanehub.
“In the third quarter of this year, shippers increased the number of lanes in our network to 91,000, representing over 19 million annual shipments, and we realized a 77% increase to 9.8 million lane matches,” he said. “New and existing private and dedicated fleets continue to expand their use of the Lanehub network to address the shortage of truck capacity by utilizing trucks that still run empty or with inconsistent freight.”
Lanehub’s transportation network allows shipper and carrier members to work together and collaborate on the best ways to implement matches. Backhaul Assist, the newest capability offered by Lanehub, allows shippers that have private fleets or use dedicated contract carriers to market available or anticipated capacity to other shippers.
Dedicated to creating reliable partnerships, the low-cost, simple software solution is generating significant savings for the hundreds of shippers and carriers that have already joined the Lanehub community. Founded in 2016, Lanehub is based in Green Bay WI.
To learn more, visit www.lanehub.com.