LaneAxis offering is now closed and is no longer accepting investments.

INVEST IN LANEAXIS TODAY!

Blockchain-Powered Direct Freight Network

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 LaneAxis is singular in its holistic and comprehensive approach to transforming the outdated supply chain into a worldwide digital network and transportation marketplace, forming the bridge between the freight industry and Web 3.0.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
LaneAxis

$4,929,767.26 Raised

REASONS TO INVEST

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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.

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Industry-first Shipper-to-Carrier Direct Network supported by blockchain and patented technology.

Reasons Icon

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. 


  1. 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.

  2. 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



 


“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.  

Quick Insert

ABOUT

HEADQUARTERS

419-A Main Street, Suite 121
Huntington Beach , CA 92648
VALUATION

$32.68M
PREVIOUSLY CROWDFUNDED

$1M

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
Rick Burnett
Founder & CEO

Rick’s extensive knowledge of mobile technology, software development, and deep experience in (and love for) trucking and logistics inspired him to create LaneAxis. A former partner in a trucking company, Rick spent a decade researching and developing a mobile-based platform that provides real-time tracking and data analytics over freight movements. Rick’s expertise culminated with the design of a Shipper-to-Carrier direct optimization platform that was granted a full U.S. Patent in March, 2018. Rick Burnett works full time at LaneAxis. 45-50+ hours per week

Mason Burnett

Mason Burnett

Chief Operations Officer

Mason oversees all internal operations at LaneAxis, commanding a lean and agile workflow within and between all teams, ensuring the elimination of any silo-based thinking. With a background in business systems/administration and a deep knowledge of the freight transportation industry, Mason keeps LaneAxis streamlined, on budget, and fiercely focused. Mason Burnett works full time at LaneAxis. 45-50+ hours per week.

Andrew Rivera

Andrew Rivera

Chief Marketing Officer

Andrew is an award-winning former TV news journalist with nearly a decade of corporate experience in Public Relations and Marketing. He spent 10+ years with Disney ABC Television. Now immersed in logistics and freight transportation, he led a global marketing campaign for a successful token sale focused on a cutting edge data analytics platform. Technically and editorially savvy, he thrives on every opportunity to create imaginative writing and visuals that slice through the clutter.

Andrew Rivera works full time at LaneAxis. 45-50+ hours per week

Harsh Yadav

Harsh Yadav

Technology Lead

Fluent in all coding languages, Harsh has fully immersed himself in the freight logistics and supply chain industries. Focus areas include: virtualization, networking, UI, UX, Enterprise Software, Large Scale Systems, Web and Mobile App Development, and the creation of highly scalable cloud platforms. He is full time at the company, 45-50+ hours per week.

 Elvis Rodrigues

Elvis Rodrigues

Product-Project Manager

A passionate tech designer (and disruptor), Elvis has 10+ years of management experience in ITeS and IT Product sectors with core competencies in handling diverse range of Product Development, Software Solutions, Service Delivery, and Operations. Skilled in Service-Level Agreements, Customer Relationship Management (CRM), Databases, IT Service Management, Product Management, Software Development, Six Sigma and Project Management Body of Knowledge (PMBOK). He is full time at the company, 45-50+ hours per week.

 Ellie Burnett

Ellie Burnett

Creative Lead

Ellie manages the Creative Department for LaneAxis, including oversight of external vendors. Ellie is also the lead planner for special events, conferences, and a multitude of company initiatives. With a degree in Business Management and Marketing, Ellie assisted the design department at Halston Heritage and partnered with the founder of beauty app MiaMia on marketing initiatives and company outreach.

TERMS

LaneAxis
Overview
PRICE PER SHARE
$1.10
DEADLINE
Sep 1, 2021
VALUATION
$32.68M
AMOUNT RAISED
$4,929,767.26
Breakdown
MIN INVESTMENT
$298.10
MAX INVESTMENT
$106,999.20
MIN NUMBER OF SHARES OFFERED
9,090
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
4,489,380

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

LaneAxis Inc.

Corporate Address

:

419-A Main Street, Suite 121, Huntington Beach , CA 92648

Offering Minimum

:

$9,999.00

Offering Maximum

:

$4,938,318.00

Minimum Investment Amount

(per investor)

:

$298.10











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

9,090

Maximum Number of Shares Offered

:

4,489,380

Price per Share

:

$1.10

Pre-Money Valuation

:

$32,681,048.40











*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

Article Image
InvestorPlace.com

LaneAxis Aims to Disrupt the Massive Trucking Industry

Article Image
Transport Topics

Opinion: Combating Congested Interstates Through Blockchain

Article Image
FleetOwner

Truckers stand to benefit from blockchain

Article Image
Forbes

Blockchain's 'Underpants Gnomes' Problem

Article Image
San Diego Business Journal

Software Could Shift Load for Truckers

ALL UPDATES

12.14.22

Press Release: Cold Storage Network Finalized; Webinar Reminder

Hello LaneAxis Shareholders and Supporters,

For some time we've been sharing news of our collaboration with GTFO It's Vegan to run all of the company's loads (and their 1,000+ vendor loads) through the LaneAxis Network. We've also described our partnership with GTFO to create a national network of independent warehouses, with a focus on cold storage warehousing.

Today we announced in a press release that we have officially sealed our partnership with GTFO to create a national cold storage network.


 

Companies who regularly move temperature-sensitive products, such as the Food & Beverage industry and the Medication/Pharmaceutical industry, can now book cold storage warehouse space directly from the LaneAxis platform. Companies will also be able to book Ambient (room-temperature) warehouse space.

Why it Matters

The launch of our cold storage network means both domestic and international companies can now book refrigerated trucks ("reefers") by contracting directly with the carrier, then book warehouse space - all within the LaneAxis platform. And as with all loads run through the LaneAxis Network, the shipper/manufacturer will have real-time visibility of all truck movements, geofence notifications when the truck reaches the warehouse, and all documents and milestones stored securely on the LaneAxis blockchain. This brings us closer to cementing our status as the most complete, convenient, and secure supply chain management platform in the world.

You can read the full press release here.


Webinar Reminder

A final reminder about our upcoming Live Webinar featuring LaneAxis Founder & CEO Rick Burnett. Today is your last chance to register for the event. The webinar will take place tomorrow,  December 15, at 11am PST/2pm EST. This will be an enlightening presentation, followed by a Q&A session where you can ask Rick questions directly. Rick will discuss the status of the company, a deeper dive into how the platform works, and his take on the "competition." 

Click here or on the image below to register now.



For those of you who are unable to join the webinar live, not to worry. As long as you are registered for the event, you will have access to a recording of the webinar after its conclusion. 

As always, we thank you for your continued support #LaneAxisNation.

 

Best,

-Team LaneAxis

12.08.22

Worth the Watch: Rick Burnett Live on FreightWaves TV

Hello LaneAxis Shareholders and Supporters,

LaneAxis CEO & Founder Rick Burnett appeared live on FreightWaves TV this morning. Rick shared his expertise on the current state of the supply chain, the need for a shipper-to-carrier direct freight network, and how Web3 technologies such as blockchain, Artificial Intelligence (AI), and Non-fungible Tokens (NFTs) can benefit the entire supply chain industry.

Click below to watch the entire segment.



Freightwaves and FreightWavesTV combine to form one of the most respected and visited platforms by the supply chain community. More than one million professionals and 500+ global enterprises use FreightWaves intelligence to make informed decisions about their supply chain operations. FreightWaves boasts 30,000 viewers per day on its streaming TV platform, and nearly 100,000 podcast downloads per month.

As always, we thank you for your continued support #LaneAxisNation.

Best,

-Team LaneAxis


12.01.22

December 2022 LaneAxis Progress Report


Hello LaneAxis Shareholders & Supporters,

As 2022 winds down, LaneAxis is gearing up for the new year with some exciting announcements. Let’s get to it…


Going Global – LaneAxis Partners with Major Company to Streamline International Shipments

LaneAxis is pleased to announce a partnership with a major supply chain-focused Silicon Valley company specializing in next-generation Graph AI modeling and a proprietary enterprise level track-and-trace dashboard for multi-million and billion dollar companies. By integrating with LaneAxis, this joint venture will provide customers the most accurate data possible, as well as real-time end-to-end visibility and chain of custody back to its origin – regardless of what country a shipment originates from. For competitive and contractual reasons we are not releasing specific company names at this time.

Our partner’s proprietary system yields contextual data that is far more effective than traditional AI/Machine Learning as it relates to generating predictive analytics across the supply chain. They focus largely on high value cargo container movements across oceans and into U.S. ports, most notably shipments originating from Hong Kong, Singapore, China, Vietnam, and London. They also specialize in expediting Customs procedures and approvals.

Their missing piece? A lack of visibility for its clients - including shippers and freight forwarders - once the shipment leaves the U.S. port dock.



What this means for LaneAxis

This partnership will essentially bring to fruition LaneAxis’ promise of a true global end-to-end supply chain visibility and management platform. An estimated 1 million containers arrive at U.S. ports every month. It generally takes 20 days or more for an overseas shipment to reach port. Once a shipment is unloaded, shippers and/or freight forwarders are tasked with procuring and tracking the next series of movements required for the container to reach its final destination. This is the missing piece LaneAxis will fill. Much like the independent trucking sector, most freight forwarders lack the technology and know-how to track and manage domestic freight movements in real-time.

By tapping into the LaneAxis Network, carriers can book cargo container pickups at the arriving ports weeks in advance. The network can then track onloading and offloading of containers traveling by truck or rail. For shipments traveling by rail, a LaneAxis Network Carrier will be waiting for the load at the arriving railyard, then transport the shipment to a distribution center, LaneAxis Network Warehouse, or directly to its final destination. Critically, all shipment touchpoints – from the initial loading at the overseas dock to the final delivery in the U.S. – will be timestamped and stored on LaneAxis’ private blockchain. This is the true meaning of global end-to-end supply chain visibility, providing all parties with an immutable chain-of-custody.

Our partner company is engaging more than 1,500 freight forwarders and will compel them to integrate the LaneAxis system into their internal processes.

Among its many benefits, this collaboration will provide the most accurate ETAs for shipments traveling thousands of miles over the course of weeks. It will also help prevent container theft and tampering, and eventually lead to the optimization of other key supply chain challenges such as reverse logistics. 

This is a big step forward for LaneAxis. Stay tuned for more details soon.

 

Warehouse Partnership with GTFO Finalized

Another important partnership with a “major player” in the food and beverage sector has now been finalized. LaneAxis and GTFO It’s Vegan have signed off on its collaborative partnership agreement. GTFO It’s Vegan is the largest online retailer, wholesaler and distributor of vegan and plant-based foods in the U.S. and Canada.

Together, the two industry leaders are creating a virtual, national network of independent carriers and independent cold-storage warehouses, allowing for enhanced visibility for contracting, negotiating, direct payment and tracking for perishable product deliveries.

As part of the LaneAxis and GTFO It’s Vegan partnership, GTFO will immediately promote the virtual cold storage solution to its 1,000+ domestic and international vendors.

 Payment/subscription options for booking trucking capacity and warehouse space

According to GTFO It’s Vegan CEO Marc Pierce, “We can offer our vendor partners a simple, affordable, and frictionless end-to-end solution to move temperature-sensitive products to and throughout the U.S.  By driving unnecessary costs out of the system, everyone benefits, especially the end-consumers, who ultimately will be able to purchase products at a lower price.”

 

Live Webinar with LaneAxis CEO Scheduled for December 15

Join us Thursday, December 15th at 11 AM PST (2 PM EST) for a Live Investor Webinar and Q&A with LaneAxis Chief Executive Officer Rick Burnett. 

In this webinar, Rick will discuss how LaneAxis compares to other competitors like Convoy and Uber Freight, how the LaneAxis platform works, and where he sees the transportation industry in five years. Don’t miss your chance to connect with this transformational technology leader and have your questions answered live.

There are a limited number of reservations available for this webinar. Click here to reserve your spot today!

 

Trade Show Follow-Up

As we highlighted in a previous announcement, LaneAxis was an official exhibitor at “Equity Crowdfunding Week” in Los Angeles in early November. Although a last-minute venue change suppressed turnout a bit, the LaneAxis booth was clearly one of the most visited across the three day event.



In the weeks following the trade show, LaneAxis has held follow-up calls with close to 10 parties – ranging from retail and institutional investors, to shippers seeking supply chain solutions, to other freight technology companies who may be a good fit for a partnership with LaneAxis.

More follow-up calls are scheduled in the weeks to come.


And Finally…

Although it’s been another roller-coaster year for the global and domestic supply chains, LaneAxis has maintained a steady course focused on network growth, strategic partnerships, and revenue growth. In fact, LaneAxis is on pace to quadruple its revenues YOY compared to 2022.

Suffice it to say, we will not be slowing down heading into 2023.

The LaneAxis Team sincerely thanks you for your continued, enthusiastic support over the past year(s). We wish you the happiest of holidays as well good health and success heading into ’23.

 

Best,

-Team LaneAxis

 

11.01.22

November 2022 LaneAxis Progress Report


Hello LaneAxis Shareholders and Supporters,

The holidays are here and (in some parts of the country) the pre-winter chill is settling in. So let’s talk cold storage.


LaneAxis and GTFO It’s Vegan! Ready to Roll

LaneAxis is hitting the gas pedal in our collaboration with GTFO It’s Vegan! Foods - THE largest online retailer, wholesaler, and distributor of curated vegan foods. We first announced our Letter of Intent agreement with GTFO earlier this year. After months of careful planning, design and engineering, this collaboration is ready to ramp up.

Why it Matters

It’s not an overstatement to say this collab could mean very big things for LaneAxis, GTFO It's Vegan, and the U.S. supply chain industry at large.

 

Of immediate significance to LaneAxis, GTFO will compel its 1,000+ suppliers and vendors to run their loads through the LaneAxis Network. This is forecast to boost our daily load volume significantly, which in turn will dramatically increase the number of shippers and carriers in the LaneAxis network. GTFO delivers its products all across America, and it expects to realize significant cost-savings in its shipping spend by going direct with LaneAxis.

Independent Warehouse Network with Focus on Cold Storage

One of GTFO’s pain points is simplifying the shipping and storage processes for its vendors, many of whom struggle to deliver temperature-sensitive products directly to GTFO and other retailers affordably. It goes without saying that much of the product GTFO sends its customers is temperature-sensitive, meaning it must be moved on a refrigerated trailer and stored in a refrigerated warehouse/distribution center. In the current supply chain climate, cold storage – especially on the west coast – is at full capacity. These supply chain bottlenecks create delays in shipping products, directly impacting the ability for GTFO’s vendors to grow and respond to consumer demand.

Much like the U.S. trucking industry, the cold storage sector (and warehousing sector at large) is overwhelmingly comprised of small and independent operators. LaneAxis is initially geocoding 7,000 cold warehouses, which will serve as “satellite” facilities surrounding four to five primary “anchor” pick-and-pack warehouses. This will ensure full coverage over the entire U.S. mainland.


Cold Chain Warehouse Network

All 1,000 of GTFO’s vendors/suppliers can negotiate rack space directly through the LaneAxis Network platform (As will all other shippers seeking warehousing solutions). Once the rack space has been reserved, the LaneAxis Direct Freight Network will send out “Revenue Alerts” to all available and qualified carriers to haul shipments to and from those warehouses.

As far as the revenue potential for LaneAxis, the company will charge a transaction fee for booking the warehouse space through the network. LaneAxis will then collect another transaction fee once the load is tendered to a carrier within the system.

It’s important to point out this collaboration to build out the warehouse network will not focus solely on cold storage facilities, but dry facilities as well. The integration of a cold storage network with the LaneAxis Direct Freight Network offers a simple, affordable and frictionless end-to-end solution for all global companies looking to move and temporarily store products throughout the U.S., particularly temperature-sensitive products.

LaneAxis Exhibiting at Equity Crowdfunding Week

LaneAxis is excited to be participating in the upcoming Equity Crowdfunding Week 2022 event in Los Angeles, to be held November 9-11. The event is billed as “The flagship event in equity crowdfunding. 3 days showcasing the most innovative companies raising capital in the private markets, thousands of investors & the biggest names in the equity crowdfunding industry.”

3,000+ entrepreneurs and investors will be attending, along with 100+ participating companies. LaneAxis is an official exhibitor and will be presenting our supply chain solution to a “who’s who” in the equity crowdfunding space.

Here’s just a partial list of the companies that will be involved in the event:

  • Google
  • Meta
  • Booz | Allen | Hamilton
  • The Arcview Group
  • NorthCapital
  • Aptera

More “Buzz” for LaneAxis & CEO Rick Burnett

LaneAxis CEO Rick Burnett featured in "Authority Magazine".  In this in-depth Q&A with leading cybersecurity expert David Leichner, Rick discusses in detail how to create a nationally secure and resilient supply chain. Since 2018, Authority Magazine has conducted more than 50,000 empowering interviews with prominent Authorities including Venus Williams, Shaquille O'Neal, Marc Cuban, Guy Kawasaki and Daymond John. Read the full story here.


Rick also made a guest appearance for “Inbound Logistics Magazine,” one of the leading publications in the supply chain industry. In this issue, the magazine reached out to Supply Chain thought leaders for their monthly "Good Question" Series. This month's question: What tool would you invent to help do your job better? Click here to read the story and scroll down the page to read Rick's response.

Inbound Logistics has expressed strong interest in the LaneAxis Direct Network platform, and is in the process of scheduling further articles and feature pieces on our solution. As we continue to expand our marketing and PR initiatives, you can expect to see Rick and LaneAxis featured in more and more publications in the months to come.


As always, we thank you for your continued support #LaneAxisNation!

 

Best, 

-Team LaneAxis

09.30.22

October 2022 LaneAxis Progress Report - Fourth Quarter Momentum


Hello LaneAxis Shareholders and Supporters,

 

We’re now into Q4 so let’s get to it.

 

LaneAxis Network Growth


As we shared with you in a blog post/press release this past month, the LaneAxis model is proving itself out in impressive fashion. Our most recent case study featured a network shipper who posted multiple loads, received multiple bids, and in about an hour assigned the loads to multiple carriers – all without any human intervention. Even in today’s digital age, an estimated 2 million loads per day are managed manually. This cumbersome process often takes days to complete depending on pickup date and location, requiring numerous and generally frustrating back-and-forth phone calls, emails, and even faxes between shippers, multiple carriers, and often freight brokers.

 

The LaneAxis model is rendering that archaic process obsolete, and carriers and shippers are taking notice. The front-end side of the network functions much like LinkedIn, where shippers query the network to find and connect directly to carriers (trucking companies). Carriers can similarly query the network to find shippers they’d like direct access to. This model is proving popular as evidenced by the pace at which we’ve been able to scale in the early stages of the network.  

 

Here’s a glance at Q3 by the numbers: 

  • Total direct connection invitations sent from 10,000+ carriers to shippers: 28,892
  • Total direct connection invitations sent from 321 shippers to carriers: 802
  • Total number of DOT-approved carriers in our database increased to 2,024,716 
  • Total number of verified shippers in our database increased to: 116,680

Let’s unpack those figures and what they really mean.

 

First and foremost – it means our momentum is starting to snowball. With nearly 29,000 invitations sent from carriers to shippers, our sales and outbound call teams now have nearly 29,000 “warm” leads to engage existing network shippers and recruit new shippers into the network. Conversely, the 802 invitations sent from shippers to carriers proves there is a big appetite on the part of shippers to build their own “direct, private fleet” of independent carriers – without the need for brokers.

 

Making long-term projections is an inexact science. But based on these figures and our team’s deep knowledge of freight transportation, we can make several reasonable assumptions. First, our dedicated account managers will work with those 300+ shippers to cement those carrier connections and post more and more loads. Given that the average independent trucking company owns about 5 trucks, we’re streamlining our CRM process to incentivize the 60,000 drivers in the carrier network to download the app. Increasing driver/carrier adoption of the platform and network app will increase the number of “revenue alerts” automatically generated from the network to those carriers/drivers.


Given the 2 million+ daily loads managed by humans, LaneAxis is further incentivizing carriers to fully engage with the automated Network Platform by offering 100 free loads to manage their shipments internally, regardless of who they contract with to move those loads. This includes loads obtained outside the LaneAxis Network. This added benefit allows carriers to upload all of their current loads, assign those loads to their drivers, then send a real-time tracking link to the shipper(s) they are hauling for. This introduces shippers to the powerful visibility tools built into the LaneAxis platform, while further eliminating the need for phone calls and paperwork.


The end result: increased network adoption and engagement by both carriers and shippers. It’s a win-win for both sides.

 

Looking further down the road... as we continue to scale, recruit new shippers, and move our existing shippers toward full integration, we will start to attack the 1.37 million daily brokered loads posted on DAT and other popular load boards.  

 

Consider that on a $1,000 load (a fairly standard load rate), LaneAxis collects approximately $30 in revenue. So at 1% market penetration of the 1.37 million daily brokered loads, LaneAxis would generate approximately $150 million in annual revenue. This is not wishful thinking. This target goal is very attainable.  

 

At that point, we believe the LaneAxis Network will organically begin to take on a life of its own and eventually reach the all-important “tipping point,” also known as the Network Effect. This occurs when a product or service becomes so popular and valuable, that new customer engagement begins to increase exponentially without the need for cold-calling.

 

It would be foolhardy to predict exactly when the Network Effect will kick in, but given the volume of activity just this past quarter – we are headed in the right direction.


LaneAxis System Upgrades & Added Features 

 

As our sales team continues to drive network growth, our tech team continues to refine the UI and UX of our digital platform. In Q3 we improved existing features while adding new ones. Many of these upgrades are the product of direct feedback from our network carriers and shippers. Here is a partial list of system improvements/additions:

 

Corporate Admin Panel

  • Expanded permission access for Admin users
  • Added “Edit” feature for admin users to customize presentation of shipper, carrier and driver data 
  • Upgraded the ability for drivers to edit and upload documents 
  • Admins can now see their staff’s sign-in history 

 

Network Portal

  • Modified ability for carriers/dispatchers to adjust frequency and prioritization of notifications for drivers 
  • Added ability for users to customize which notifications they would like to receive during a shipment
  • Implemented new analytics tools so the LaneAxis team can learn more about users' behavior patterns and what is important to them
  • Added all new features for our Independent Warehouse Network, including easier login and registration
  • Refined storage order process and tracking of storage orders
  • Shippers can query for storage vendors based on specific criteria within the network
  • Added storage order bidding process between storage companies and shippers


Warehouse/Storage Network Order Form

  • Added “more info” popups to better guide users utilizing the portal
  • Added the ability for carriers/drivers to add or edit pickup appointment dates/times
  • Optimized shipper/carrier/driver registration process
  • Shippers and carriers can now add "Special Requests" for any shipment

 

Mobile App

  • Enabled ACH payment support so users can pay directly using ACH
  • Modified notifications for drivers so they can focus on shipment navigation and delivery
  • Carriers can now manage their drivers from the mobile app


Carriers can now manage drivers via Network App

  • Added new data filter options in the mobile app so users can quickly search and find what they are looking for
  • Carriers and drivers can now edit/add appointment dates for pickup and dropoff
  • Added “multi-stop” functionality
  • Drivers can now update their Commercial Driver License (CDL) directly from the app
  • Shippers and carriers can now check transaction history through the app


As we’ve often stated, the LaneAxis software platform will never be fully “complete,” as we will always look for ways to improve system functionality to ensure total customer satisfaction.


As always, we thank you for your continued support #LaneAxisNation.

 

Best,

 

-Team LaneAxis

09.19.22

Press Release & Video: A Record Fast Load Proves Out LaneAxis Model

Hello LaneAxis Shareholders and Supporters,

LaneAxis Network Shipper Aaron Walsh has relied on brokers to move his freight for years. An industry fraught with inefficiency left him no choice.

Those days are over. After signing up with LaneAxis, Aaron was able to connect with carriers, post multiple loads, negotiate rates, and get the shipment tendered in ABOUT AN HOUR - all without any human intervention. This is a record-fast load tender for LaneAxis and proves our mantra that brokerless is better and going direct is the future.

Click here to read the full press release.

Aaron was also kind enough to share his experience on a video chat. You can view the video below:

 


Thanks again for your continued support #LaneAxisNation!

Best, 

-Team LaneAxis

06.01.22

LaneAxis June 2022 Progress Report

Hello LaneAxis Shareholders and Supporters,

LaneAxis is rocketing into summer with a “problem” that most organizations would love to have: managing rapid growth. The company is expanding and scaling in multiple directions – and as you likely know, rapid growth requires extensive capital reserves. With that in mind, LaneAxis has filed a Form 1-A with the Securities and Exchange Commission (SEC) announcing our intention to launch a Reg. A crowdfund campaign.

 

Reg. A Campaign

LaneAxis is seeking to raise $20 million to continue our tech development on both the network and blockchain sides of the platform. This capital infusion will also enable us to market our platform at a much higher level, as well as significantly expand our team. Our goal is to launch the campaign within the next month. Beyond that, we’re limited as to what we can say, but we’ll be releasing more details soon.

In the meantime, please watch this short video featuring LaneAxis CEO & Founder Rick Burnett discussing the rationale and strategy behind this new capital raise.



More High-Level Government Meetings

 

LaneAxis’ patent-pending Federal Transportation Network Platform (application #63255460) continues to attract attention from government agencies seeking supply chain solutions. As mentioned in last month’s update, we held a very productive call in May with senior members of the Department of Commerce. 


Last week we had another excellent call with top members of the United States Department of Agriculture (USDA). During that conversation we directly addressed the USDA’s “Agricultural Marketing Service Strategic Plan” – specifically Objective 4.2 – which seeks solutions to “Ensure and Expand Optimal Web-Based Supply Chain Management Service Delivery.” Of course this falls right into LaneAxis’ wheelhouse, which we effectively expressed to them.



 

We also addressed another timely issue: the so-called “baby formula crisis” in the U.S. As part of our discovery process, we learned that the USDA had contracted with FedEx to distribute emergency supplies of baby formula that had been flown in from Europe. The first batch arrived in Indianapolis on May 22. We (very politely) explained that FedEx outsources much of their freight to small and independent carriers, which often results in time delays and lost visibility. 

We then showed them an image from our backend portal, which displays more than 18,000 carriers in and around the Indianapolis area. This, we suggested, could be a much more efficient and effective way to manage crises such as this one. Their reactions and questions indicated significant interest in the solution.


Delivering baby formula: 18,000+ Carriers in Indianapolis area

In June we have two calls scheduled with supply chain officials from the Army and Navy. Our Washington, DC, government liaison Paul Boardman piqued their interest largely on the strength of the one-page Federal Transportation Network description, as seen below:



Cold Chain Warehouse Network

Another exciting announcement to pass along: LaneAxis has partnered with a prominent in-Network Shipper – GTFO Vegan Foods - to create a national network of independent cold storage warehouses.



Much like the U.S. trucking industry, the cold storage sector is overwhelmingly comprised of small and independent operators. LaneAxis is initially geocoding 2,000 cold warehouses, which will serve as “satellite” facilities surrounding four to five primary “anchor” pick-and-pack warehouses. This will ensure full coverage over the entire U.S. mainland.

GTFO will require its 1,000+ suppliers and partners to run their loads through the LaneAxis Network. The integration of a cold storage network with the LaneAxis Direct Freight Network offers a simple, affordable and frictionless end-to-end solution for all global companies looking to move temperature-sensitive products throughout the U.S.


High-level view of Cold-Chain Warehouse Network


We’re pleased to bring you these important updates, and hope you are pleased to learn about them.

We are aware many of you will have questions regarding our planned Reg. A campaign. Again, we are limited as to what we can disclose at this point, so please know we will not be able to answer some of your queries just yet. But rest assured we will provide full details about the offering very soon.

As always, thank you for your continued support #LaneAxisNation.

 

Best,

-Team LaneAxis

05.02.22

May 2022 LaneAxis Progress Report

Hello LaneAxis Shareholders and Supporters,

 

LaneAxis continues to push forward on multiple initiatives – most critically expanding network membership and daily load volume, adding new features and enhancements to our core SaaS platform, and leveraging our intellectual property – with some very exciting results.

 

 

Feds Showing Interest in FTN

 

Among multiple areas of progress this past month, one of the most significant has been the traction and attention gained by our patent-pending Federal Transportation Network Platform. LaneAxis’ Government Liaison Paul Boardman has managed to establish direct connections with high-ranking members of numerous federal agencies interested in next-gen supply chain solutions. 

 

In mid-April, the LaneAxis executive team held a one-hour discovery call with the Senior Policy Advisor for the Department of Commerce. We are now in the process of establishing next-steps and potential follow-up calls.

 

Paul has successfully established communications with the following agencies, with several calls now awaiting scheduling:

 

  • Department of Commerce
  • Department of Transportation
  • Department of Agriculture
  • Department of Defense
    1. Air Force
    2. Army
    3. Navy
    4. Marines
  • Department of Energy
  • Department of Labor
  • NASA
  • Small Business Administration

 

It’s important to point out that despite the perpetual feuding on Capitol Hill, the supply chain is truly a bipartisan issue affecting every American regardless of party affiliation, color, creed, or background. Paul’s ability to comfortably and ably interact with government representatives on both sides of the aisle is an asset that can’t be overstated.


“Over the last two months, I've been able to essentially install LaneAxis in all of the government agencies and the White House… they have looked at this. They have gotten back to us and referred us to the Department of Transportation. We have had our first presentation. It went very well [with] a senior policy advisor to the Secretary of Commerce. Right now we have incredible returns and action coming in from DOD, Army, Navy and Air Force. We're set to have a presentation to the Secretary of the Navy. I have seen incredible things happen from agencies that you would just never suspect would do something or want to take on a pilot.” – Paul Boardman, LaneAxis Government Liasion

In this short video, Paul discusses his background, his passion for the LaneAxis solution, and the progress he’s made to date with government agencies.




Additional Points of Progress


In addition to “advancing the ball” on the FTN platform, LaneAxis is also marching forward in several other key areas:

 

  • LaneAxis’ roster of network Shippers continues to grow, with two significant companies joining on this week. One of them is a major retailer specializing in vegan foods, and they’re not coming alone. The company is bringing 8 of their suppliers into the network with them. Additionally (and significantly), we are deepening our partnership with the vegan food company by launching a new initiative to develop a national network of cold storage facilities. Currently, cold storage facilities are largely small and independent – not unlike the U.S. trucking industry. Establishing a unified network of cold storage facilities that would integrate with LaneAxis’ shipping and product fulfillment network presents a massive opportunity for company growth in a largely ignored sector.
  • The second major company signing on with LaneAxis this week is a national farming operation that will fully integrate all of this season’s loads into the LaneAxis network.
  • Our blockchain and smart contract engineers are finalizing work on our patent-pending Certificate of Insurance NFT (non-fungible token) program. In talks with several key stakeholders, including insurance companies, the prospect of validating and verifying insurance documents via NFT minting has been met with incredibly positive feedback.
  • The LaneAxis software engineering team continues to make key upgrades and system enhancements to the core LaneAxis Network platform. This includes displaying the expected rate for bid shipments, adding a feature that prevents spam bidding, adding new LTL (less than truckload) capabilities, and adding “Rate-per-Mile” details on all public shipments


Bid Status Now Reflects Rate Per Mile


As always, we thank you for your continued support #LaneAxisNation. Stay tuned for more significant announcements in the weeks and months to come.

 

Best,

 

-Team LaneAxis

04.01.22

April 2022 LaneAxis Progress Report

Hello LaneAxis Shareholders and Supporters,

Q2 is officially underway and LaneAxis continues to run on all cylinders. The ongoing expansion of our sales team has accelerated the recruitment and onboarding of both Shippers and Carriers. Our pace of Shipper interest and engagement has grown at such a rapid rate, we are now planning to hire at least 20 more Shipper Integration Reps in the coming months. You can read about our latest impressive senior hire below.

We’ve also made major inroads on Capitol Hill introducing our patent-pending Federal Transportation Network Platform to high-level government officials. The initial feedback has been positive.

And in the past month, LaneAxis has added to its Intellectual Property arsenal with the filing of a patent application for a proprietary NFT- based insurance verification platform.

 

First… A Message from Rick

LaneAxis Founder & CEO Rick Burnett has a timely message for #LaneAxisNation, specifically about appreciating what we as shareholders are collectively building:

All of us have experienced the removal of the “middleman” in some form of our daily lives. Remember travel agencies? Remember Blockbuster?

Netflix and other streaming services proved the power of direct connectivity. What many of you may not have thought or wondered about - is how did those companies achieve that transformation? A combination of some or all of the following:

  • Vision
  • Real Solution
  • Timing and market ready for change and transformation

LaneAxis is solving problems large and “small” in trucking (we know, in trucking, no problems are truly small).

As shareholders in LaneAxis, you are experiencing firsthand a powerful and ultimately historic transformation in the transportation/supply chain industry. Our Brokerless Direct Freight Network built on blockchain will improve the lives of truckers in ways both big and small. For example: we’ve stated many times that 90% of U.S. trucking companies have 10 trucks or less. Part of our payment processor “Stripe’s” requirements for a general business customer (such as a carrier company) to qualify for a “connected account” to get paid directly is to prove the legitimacy of their business. This includes having an existing and functioning company website. How many of the 930,000 owner-operators do you think have a website?

We can tell you less than 10% from our data. LaneAxis has built a simple and seamless way for these trucking companies to get verified. That statement alone is confirmation that LaneAxis is the industry-first Brokerless Direct Network that will connect these millions of trucking companies directly to shippers/manufacturers.

We are determined to improve the lives of truckers and improve the supply chain for the good of the globe.

 -Rick 

NFT Insurance Patent Application Filed

In March LaneAxis officially filed a patent application for an NFT (Non-Fungible Token) based insurance verification platform. Carrier Certificates of Insurance (COIs) can, and unfortunately are, easily forged. The current PDF version of a COI can be modified to misrepresent key insurance details such as expiration dates and policy minimums as dictated by shippers/manufacturers. This creates fraudulent transactions that are often not discovered until damages or major loss has occurred. This is simply a risk major shippers cannot undertake.

Read the full press release here.


High-level overview of NFT insurance minting process

Federal Transportation Network Progress

Our government liaison, Paul Boardman, is making phenomenal progress introducing the LaneAxis solution – and specifically our patent-pending Federal Transportation Network Platform – to high level government officials.

In just the past few weeks, Paul has made direct contact with decision-makers in the following government sectors:

  • Military
    • Department of Defense
    • Department of Homeland Security
    • Air Force
    • Navy
    • Army
  • Blockchain Congressional Caucus
  • Department of Transportation
  • The White House

Paul has secured tentative meetings – still to be scheduled – with the Blockchain Congressional Caucus and the Secretary of the Interior. He has also corresponded with a high-level assistant to U.S. Secretary of Transportation Pete Buttigieg, with whom he is also trying to schedule a presentation.

As we told you in last month’s update, Paul’s extensive contact list stems from his time working in the political sector. Paul is a former two-time nominee for the U.S. House of Representatives in West Los Angeles’ 29th district, where he won contested primaries in the highly competitive district with 78% of the vote in 1994 and 82% of the vote in 1996. 


Another Sales All-Star Joins LaneAxis Team

The LaneAxis outbound Sales Team continues to grow with the addition of another business development veteran.

Alexander Hamilton joins LaneAxis Sales Team

Alexander Hamilton is assuming a full-time senior role in the Sales Team with a focus on lead generation and business development. Alex is a serial entrepreneur, having founded Alexander Capital Equity in 2011. In 2018 he founded “ProspectDNA,” a data-driven, human-powered approach to online lead conversion. ProspectDNA provides business leaders the digital tools and strategies to scale quickly.

The LaneAxis Sales Team continues to grow at such a rapid pace, our corporate office in Newport Beach, California, is bursting at the seams. We are now in the process of securing additional office space to accommodate our growing roster of sales vets. Our hiring spree will continue over the next few months.

On a side note, the Marketing and Sales Teams are in the process of developing a marketing campaign focused on Hispanic (and specifically Spanish-speaking) truckers, which represent a large segment of the U.S. truck driving force.

We hope you’re pleased to hear these important updates… and the good is there are more to come!

Also a quick reminder: make sure to whitelist the email address customerservice@laneaxis.com to make sure our updates aren’t being detoured into your spam folder. 

As always, we thank you for your continued support #LaneAxisNation.

 

Best,

-Team LaneAxis

03.22.22

Press Release: LaneAxis Files Patent Application for NFT-Based Insurance Verification Platform


Hello LaneAxis Shareholders and Supporters,

LaneAxis is once again expanding its IP arsenal by seeking patent protection for a platform that verifies carrier insurance documents via NFTs, Smart Contracts, and Blockchain. This solves a major pain point in freight transportation.

“This represents another major step in restoring trust and transparency between shippers and carriers,” says LaneAxis COO Mason Burnett.

Read the full press release here

Make sure to share this news with your friends, family, colleagues and professional network.

...And stay tuned - more big announcement are on the way.


Best,

-Team LaneAxis

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