LOST FR8 offers a platform that automates the sharing of truck lists by integrating with transportation management systems (TMS) to provide real-time capacity updates. This technology enables carriers to efficiently communicate their available loads to brokers, enhancing load booking opportunities and strengthening industry relationships.
Funding
$10K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Carriers often struggle to efficiently communicate their real-time capacity and available trucks to brokers, leading to missed load opportunities and underutilized assets. Manual methods of sharing truck lists are time-consuming, prone to errors, and fail to provide brokers with up-to-date information. This lack of efficient communication can strain carrier-broker relationships and hinder overall freight-matching efficiency.
Solution
LOST FR8 offers a platform that automates the sharing of truck lists between carriers and brokers by integrating with existing transportation management systems (TMS). The platform enables carriers to provide brokers with real-time capacity updates, enhancing load booking opportunities and strengthening industry relationships. By automating truck list updates and providing a centralized platform for sharing availability, LOST FR8 streamlines communication, reduces manual effort, and improves freight-matching efficiency for both carriers and brokers. Carriers can share their own lists or connect with LOST FR8's network.
Target Audience
The primary users are freight carriers looking to efficiently share their capacity with brokers and increase load booking opportunities. Brokers and shippers looking to receive truck lists from carriers are also target users.
Features
- Automated truck list updates through TMS integration
- One-click sharing of truck lists with brokers
- Real-time capacity updates to increase load bookings
- Equipment profiles for managing trucks, trailers, and specialized vehicles
- Capacity board displaying real-time truck availability with origin, destination, and equipment type
- Email integration for sending truck lists to a network of brokers