GET A PIECE OF LANEAXIS
Blockchain-Powered Direct Freight Network
$4,929,767.26 Raised
REASONS TO INVEST
A massive market that is evolving and growing at a rapid pace, especially during the global pandemic. Next generation technology is needed to tackle the increasing demand, and with that the increasing expectations of the end consumers.
Industry-first Shipper-to-Carrier Direct Network supported by blockchain and patented technology.
Oversubscribed $1.07M raise on StartEngine in 2020, sold out within 90 days. Hundreds on the waitlist.
Letter from Laneaxis team
Every person reading this is affected by the supply chain - and by the inefficiencies crippling it. Look around your own home - virtually 100% of 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 blockchain security managed by the AXIS Token.
Self executing smart contracts remove friction from freight movements, allowing shippers and carriers to connect directly and move loads almost instantly. Artificial Intelligence identifies available capacity, quantifies the data, and notifies relevant parties - eliminating billions of empty truck miles per year utilizing AI-generated data reports throughout the transportation network.
How important is a blockchain-powered Direct Network in filling empty trucks - particularly on return trips (known as “backhauls”)?
For a bit of perspective, consider the airline industry.
Imagine a flight filled with passengers arriving at its destination, but with zero passengers booked for the return flight. Ponder further a preposterous situation where airline employees would wander the streets surrounding the arrival airport trying to recruit passengers to fly back to the original destination to avoid an empty flight.
That preposterous situation is essentially reality in the trucking industry. Trucks arrive fully loaded at their destinations, but because no direct freight network exists - unlike the interconnected airline network - many trucks return “home” with empty trailers. How many? About ONE MILLION TRUCKS PER DAY - ADDING UP TO AN ESTIMATED 27 BILLION EMPTY MILES PER YEAR. These are colloquially known as “deadhead miles.” This is terrible for the industry, the economy, and the environment. It is untenable, inefficient, and inexcusable.
Already live in the market, collecting revenue, and experiencing growth – the LaneAxis Direct Network creates a unified supply chain of manufacturers, suppliers, shippers, carriers, retailers and consumers collaborating on a secure, frictionless network.
Critically, we have partnered with Kairon Labs and LedgerLink, two heavyweights in the blockchain, tokenomics, and "market making" sectors. These firms are very selective on the clients they take on, and their expertise will accelerate our success.
We invite you to read through the information on this page closely - evaluate the market, the problems, our solutions, and our strategy.
Sincerely,
-Team LaneAxis
The PROBLEM
Broker Model is Chaos. LaneAxis Model is Efficiency.
LaneAxis strives for a more efficient and transparent supply chain by exposing one of the industry’s biggest problems: the near-monopoly third-party brokers hold over the industry. The freight brokerage industry sells itself as a necessary component to smoothen out the supply chain. But logic dictates that brokers need a chaotic and fractured supply chain to justify their existence. Without chaos they would be rendered obsolete. LaneAxis rejects this business model. We strive for efficiency.
The global pandemic made it utterly clear that the supply chain isn’t ready for the demanding online environment. With the increasing demand, the expectations of end consumers also rose, demanding fast delivery without wanting to risk any loss of quality. Images of store shelves stripped bare of essentials such as toilet paper and cleaning supplies belied the fact that many of those products were in fact available and sitting in warehouses. But as the world saw, chaos consumed the supply chain. A direct, transparent freight network utilizing blockchain could have significantly mitigated this supply chain crisis by identifying available supply with available nearby carrier capacity.
One of the many examples that illustrates the broken, unfair and outdated broker machine encompasses the fact that brokers routinely consume 40-70% commissions on freight movements, with those margins essentially pulled from the pockets of hard-working drivers. Even worse, freight brokerages – which are largely unregulated - are not required to reveal how much a shipper has paid them to haul a load. So carriers are kept in the financial dark. Apart from the fact that the broker machine is often hustling shippers, carriers and drivers out of money - their systems lack efficiency. Common problems are the lack of visibility into real-time capacity, the lack of direct connectivity, unforeseen detention times, empty truck miles, and many more, resulting in inefficient and skewed supply chain metrics.
Despite the lack of transparency, efficiency and fairness, these third-party managed services continue to rake in billions in profits, reaching a gross total revenues of more than $213.5 billion in 2018, all while peeling profits away from their rightful recipients.
As LaneAxis has reported extensively, independent drivers have reached a stage of near-revolt against bad brokers.
The Solution
AI Combined with Blockchain Network Data Meets the Freight Industry
The use of Artificial Intelligence fueled by blockchain-secured data will render some longstanding trucking terms obsolete. Truckload (FTL), Less-than-truckload (LTL), regional, and last mile will simply fall under the category of “Network Visibility.” Said visibility and all the benefits connected to this visibility will be made possible by combining modern technologies tracking deliveries and incentivizing drivers to share their live locations and routes via LaneAxis’ reward system.
LaneAxis’ focus is on the persistent two-pronged problem, namely 1) connecting shippers directly to carriers and 2) managing the complicated process of a freight movement from A to Z - from contracts to insurance certificates to shipment documents - all the way to the final proof of delivery. Thus, providing an all-in-one system that eliminates brokers, enables shippers to find and connect to qualified carriers directly, and crucially manages and monitors all aspects of the freight movement right down to the consumer.
Carriers and Shippers can Connect via Desktop or Mobile
Apart from the potential benefit for the supply chain industry as a whole, LaneAxis’ goal is to put money back into the pockets of the people that it belongs to, namely shippers, carriers and drivers.
The Market
One Trillion Dollar U.S. Freight Trucking Industry Due for Global Expansion
The targeted market consists of the U.S.-based freight trucking industry, but could be extended to the global cargo industry in the future.
According to the American Trucking Associations’ (ATA) U.S. Freight Transportation Forecast, overall annual freight tonnage is expected to grow by a total of 36% between 2020 and 2031, with the amount of freight moved by trucks expected to grow 27% during that period.
In 2019, The U.S. freight trucking industry produced nearly $800 billion annual revenue and in 2020 the freight trucking market reached the $1 trillion benchmark. And the market will expand exponentially due to more domestic movements in the future. Even more, China, the world’s second largest economy, forecasts that the projected market size of their freight trucking industry would surpass the $1 trillion benchmark by 2027.
What We Do
Leveraging AI, Blockchain and Network Solutions to Improve the Shipping Process
FreightVISION and Network Management Portal
The LaneAxis platform provides shippers visibility to a filtered query carrier driver pool, allowing carriers drivers to receive direct invitation revenue alerts' in advance via network visibility. Once connected, loads are tracked in real-time, monitors truck capacity which allows drivers to pick up additional loads, and then sends electronic documentation to the shippers.
Carrier Dashboard connected to FreightVISION App monitors active and pending shipments
AXIS Token : a Multi-Purpose Utility Token
In the System, The AXIS token will serve as the central utility tool to enable all transactions within the LaneAxis blockchain ecosystem, as well as granting access to the vault of analytical business intelligence. The AXIS token fuels the LaneAxis platform by facilitating and securing business transactions between shippers and carriers. Functioning as an API access key, the AXIS token will serve a wide variety of purposes, including accessing data on the blockchain, initiating transactions and contracts, and rewarding system participants - to name just a few.
Ultimately, the AXIS Token will also supplant traditional payment processors for final settlement between Shippers and Carriers - eliminating the payment processing fees these platforms charge.
Blockchain technology meets LaneAxis and vice versa
The LaneAxis Blockchain solution solves the costly, complex, and time-consuming problems that have so far been beyond the individual companies’ ability to implement. Documents such as insurance certificates are verified, securely stored, and monitored for renewal dates. Every shipment is built on self-executing smart contracts, with all business rules and requirements coded into the contract and securely nested into LaneAxis’ immutable ledger. So, if the shipper changes its business rules or contract requirements, that information is automatically dispersed to the carrier network. Carriers would then be required to comply with the new rules or automatically be excluded from future contract opportunities until such conditions are met. All that is needed is a common foundation across the industry that will allow general implementation of LaneAxis’ tailored App. The LaneAxis blockchain will be built on the Ethereum blockchain, but critically can be “paired” to other existing blockchain platforms.
To learn more about the AXIS Token and Blockchain platform, visit axistoken.io.
How We Are Different
A First-of-its-Kind Data-Driven Network
By launching what we believe is A First of its Kind Data-Driven Network, LaneAxis does not view its solution as a “competitor” - we are a creator of a company-agnostic network built to benefit all parties in the supply chain. While legacy “competitors'' such as Fourkites, 10-4, Macropoint and even Uber Freight seek to connect drivers to available loads, in reality, we believe they are little more than next-generation load boards reposting existing loads - essentially a copy and paste job.
Instant, direct messaging means no more distracting “Check Calls”
By partnering up with the right strategic partners, in the freight (cargo) industry as well as in the crypto space, LaneAxis stays ahead of new trends. By implementing the right partnerships in the crypto space, LaneAxis tries to benefit from the ongoing mega bull run on digital assets, mainly driven by institutional money looking for a hedge against hyperinflationary monetary politics, as well as the new influx of retail investors, without harming the project.
The Business Model
A B2B Subscription Model, Engineered for Scalability
The future of LaneAxis is the aggregation of data through the network data access charges. Axis Tokens will be required to access said data. The Design of the LaneAxis’ Network and App Creates Multiple Revenue Streams, while remaining true to the one solution focus.
Carriers pay a subscription-based monthly network membership fee (no charge for shippers to join the network). Shippers pay a 1% per load transaction fee upon rate confirmation, and a $5 per load FreightVISION tracking fee. Carriers are deducted a 1% transaction fee upon final settlement.
The FreightVISION App with truck-specific navigation is free for drivers. From the portal, Carriers of any size can register and add drivers for free. When a carrier creates a shipment, they assign it to a driver, then can track the shipment for a fee of only $1. They can then send a tracking link - part of the subscription and free of charge - to their existing shipping customers to build trust, transparency, and introduce them to the LaneAxis network.
Incentivizing shippers and carriers to use the platform and to buy the tokens, which is needed to use its functionalities, will be done by offering discounts to the users.
All payments are currently handled by Stripe, one of the leading payment processing companies in the world.
Our Traction
Our Patented Technology is Transforming Supply Chain Logistics
With over a decade of research and development under our belt, we’ve built a direct logistics network to solve industry-wide problems, connecting all parties in a singular transportation ecosystem. By doing so, LaneAxis is at the forefront of a Transportation Driver and Data Network supported by patented software and blockchain technology, which leverage smart technology to help the trucking industry reach a new level of digitalization and efficiency. Years of development, proper management, depth of industry knowledge, deep connections in the supply chain industry, decades of combined trucking experience, and a patent-protected IP all come together right now. Our team is ready to take the next step and propel the project to a new level aimed at solving the massive inefficiencies in the supply chain.
*all future events shown in this timeline are anticipated
Our Partners
THE FUTURE OF TRUCKING IS NOW
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“Another blockchain-based company with a solid business model: LaneAxis. Not only will LaneAxis improve efficiencies, but it will provide all participants with access to its platform, including insurance companies, shippers, drivers, and remaining brokers.” |
The Ideal Time to Go Direct and Invest in the Future of Freight
LaneAxis looked through the façade put forth by greed and dared to tackle the problem head-on, due to the fact that the company was founded and built from scrap by trucking industry veterans. These veterans have seen and undergone the fractures, inefficiencies and broker bullying tactics in all their aspects. As we disrupt a trillion-dollar industry, the technology developed by LaneAxis could well be the meteorite that eradicates the dinosaurs of the freight trucking business. It’s just the ideal time to GO DIRECT and invest in LaneAxis.
Our LEADERSHIP
Experienced Trucking and Freight Veterans Paired with Young Hungry Innovators
Our team could be described as “a mix of experienced industry veterans and young hungry wolves, with extended expertise concerning the trucking and tech sector,” which will enable us to drive this state-of-the-art concept to reality. The leadership team at LaneAxis comes to the table with a diverse but relevant background for the trucking logistics industry. Our management and advisory group is comprised of transportation and logistics veterans with trucking company ownership experience, entrepreneurs with a deep understanding of software development and integration, and financial as well as marketing professionals, thus bringing a deep and diverse experience set to the digital freight trucking industry.
ABOUT
HEADQUARTERS
419-A Main Street, Suite 121
Huntington Beach , CA 92648
WEBSITE
View Site
LaneAxis is trailblazing a new path forward for the fractured $12 trillion global supply chain, with an immediate focus on the $1 trillion U.S. freight industry. Backed by patented tech - we believe LaneAxis has created the first Brokerless Shipper-to-Carrier Direct Freight network powered by blockchain and the AXIS Utility Token - potentially eliminating $200 billion in "managed fees," 28 billion empty truck miles per year, and streamlining an industry that lacks transparency, trust, and efficiency. No more phone calls, no more faxes, no more catastrophic supply chain disruptions triggered by predictable or unforeseen emergencies. LaneAxis is singular in its holistic and comprehensive approach to transforming the outdated supply chain into a worldwide digital network and transportation marketplace, forming the bridge between the freight industry and Web 3.0.
TEAM
Rick Burnett
Founder & CEO
Mason Burnett
Chief Operations Officer
Andrew Rivera
Chief Marketing Officer
Andrew Rivera works full time at LaneAxis. 45-50+ hours per week
Harsh Yadav
Technology Lead
Elvis Rodrigues
Product-Project Manager
Ellie Burnett
Creative Lead
TERMS
LaneAxis
Overview
PRICE PER SHARE
$1.10
DEADLINE
Sep 1, 2021
VALUATION
$32.68M
FUNDING GOAL
$10k - $4.94M
Breakdown
MIN INVESTMENT
$298.10
MAX INVESTMENT
$106,999.20
MIN NUMBER OF SHARES OFFERED
9,090
MAX NUMBER OF SHARES OFFERED
4,489,380
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See bonus information below.
Investment Incentives and Bonuses*
Early Bird Bonus
40% bonus shares for the first 4 days of the campaign
35% bonus shares for the next 4 days of the campaign
30% bonus shares for the next 4 days of the campaign
25% bonus shares for the next 4 days of the campaign
20% bonus shares for the next 4 days of the campaign
15% bonus shares for the next 4 days of the campaign
10% bonus shares for the next 7 days of the campaign
5% bonus shares for the next 14 days of the campaign
Volume Bonuses
$5000+ investment = 5% bonus shares
$10000+ investment = 10% bonus shares
$20000+ investment = 20% bonus shares
*All bonuses occur after the offering is completed.
The 10% Bonus for StartEngine Shareholders
LaneAxis, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.10 per share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $110. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are either cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
PRESS
ALL UPDATES
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Team LaneAxis
LaneAxis
•
2 years ago
This message is to All the LaneAxis shaeholders. This is Rick Burnett, I want everyone to know how hard this team is working and those are not just words. I am truly thankful for all their hardwork to build shareholder value and to passionately change this industry for the better. I also want to thank the shareholders who have left kind notes. That means a lot to the team and help the drive in tough stressful moments.
Thank you again, Rick
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Tim Cronin
a year ago
I have invested numerous times over the past and current raises. Lane Axis has been the most responsive, transparent, informative and insightful company around. Keep up the awesome work Rick and everyone else at team Lane Axis.
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Michael Williams
a year ago
Im confused, are you promoting your raise with another fundraiser/platform on Start Engines platform? Is this even allowed? Not to mention the whole incentive of paying people who refer seems a lot like a pyramid scam. I was already a little dismayed at the lack of updates, lack of progress in the company and the way the coin has performed; this raises a lot of red flags for me. No updates for the most part and then this just seems fishy. Good luck though, I hope you figure it out for both our sake.
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Jonathan Vu
a year ago
Quoting from a response you gave to Theodore O:
"As for your statement that we are embarking on a "large capital raise" - that's a subjective opinion. In the current landscape, raising $20 million is a relatively modest number compared to what other companies are raising. We could technically raise up to $75 million in our upcoming Reg. A, but we are choosing to cap it at $20 million. By way of example, Convoy has raised $650 million to date and we challenge you to compare our tech stack to theirs. It's also worth pointing out we have rejected overtures from several VCs for large investments for a number of reasons - a primary one being massive share discounts they insist on which would REALLY dilute us all. "
Could you elaborate on:
1. How LaneAxis is different from Convoy, or can both LaneAxis and Convoy be considered direct competitors for market share, as you are essentially trying to do the same thing?
2. LaneAxis's strengths and weaknesses vs Convoy's strengths and weaknesses.
3. How Convoy being a substantially more well capitalized company will impact the speed of LaneAxis' progress, or be a hindrance in some way?
4. Better technology does not always win out. By way of comparison (this may not be fair), take Betamax vs VHS . The winner will essentially be the one more people will use even if it as not as good. Maybe it will be a matter of marketing.
Thank You!
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Arturo Munguia
a year ago
Very exciting updates on the company! Way to go Rick! LaneAxis will be a huge company in a short time once everything is set to go. I’m so glad that I invested last round that I even bought a LaneAxis shirt. So excited about the future! This will be a UNICORN!
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Jorge Felix Calles
a year ago
Hello, I invest months ago and have not receive any stock certificate of any shape or form, is there anyone I can talk to?
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Kelly Washington
a year ago
Yes I've sent my question to your investors email and haven't received a response yet. Unless it went to my spam folder. I'm actually referring to the statement that was made on your latest update: "We have submitted answers to a handful of fairly standard questions regarding our campaign. " Where can I find these responses?
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Kelly Washington
a year ago
Where do we go to view your responses to questions asked on the upcoming campaign?
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Atiba Hainstock
a year ago
Hello, will there be other opportunities in the near future to invest?
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Cancel anytime before 48 hours before a rolling close or the offering end date.
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
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Matthew Parker
2 years ago
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