TradeLanes provides automated vessel schedule management software that delivers instant notifications and validated data to prevent costly delays and extra fees for traders and shippers. By minimizing the time spent resolving conflicting vessel information, the platform reduces per diem costs by 20-30% and ensures timely cargo drop-offs.
Funding
$11M 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.
+3Founders
Product
Problem
Exporters and shippers face challenges due to frequent vessel schedule changes, leading to delays and increased costs. Manually tracking these changes across multiple carrier websites is time-consuming and prone to errors, resulting in conflicting data and missed deadlines. This ultimately leads to increased per diem charges and gate appointment stress.
Solution
TradeLanes provides automated vessel schedule management software that delivers instant notifications and validated data, helping traders and shippers prevent costly delays and extra fees. The platform aggregates vessel schedule information, providing users with real-time updates on changes. By offering pre-verified ERDs (Earliest Receiving Dates) and CY (Container Yard) cutoffs, TradeLanes eliminates conflicting data and streamlines cargo drop-offs. Furthermore, the software incorporates reliability windows based on carrier performance, enabling users to plan freight capacity and minimize missed deadlines.
Target Audience
The primary target audience includes exporters and shippers who need to manage vessel schedules efficiently and minimize costs associated with delays and conflicting information.
Features
- Instant notifications of vessel schedule changes, delivered 2-4 hours faster than carrier email alerts.
- Pre-verified ERDs and CY cutoffs, validated with proof from ocean carriers and terminals.
- Reliability windows that estimate cargo receiving windows based on historical carrier performance.
- Automated tracking of vessel schedules, checking hourly for updates.
- Real-time control over the load order process.