Lateral
Lateral provides a unified coordination platform for less‑than‑truckload (LTL) freight that combines pricing and routing into a single, API‑driven layer.
- Enterprise Software
- Logistics & Supply Chain
Funding
Founders
Founder details are not available yet.
Product
Problem
Less‑than‑truckload (LTL) freight often requires separate pricing and routing systems, leading to manual coordination, opaque costs, and inefficient network utilization for carriers and shippers.
Solution
Lateral offers a unified coordination platform that merges pricing and routing functions into a single layer for LTL shipments. The platform automates the exchange of rate and schedule information, enabling carriers to secure consistent, sustainable business while giving shippers clear visibility into costs and delivery windows. By standardizing data flows, Lateral reduces manual effort, improves network efficiency, and supports collaborative decision‑making between carriers and their customers.
Target Audience
Primary users are LTL carriers seeking reliable lane fill and shippers or logistics managers who need accurate, automated pricing and routing for their freight networks.
Features
- Integrated pricing engine that consolidates carrier rates into a single, searchable database
- Automated routing optimizer that matches shipments to the most efficient carrier routes
- Real‑time collaboration tools for carriers and shippers to negotiate and confirm loads
- Transparent cost and schedule dashboards that provide end‑to‑end shipment visibility
- API‑driven architecture allowing seamless connection to existing TMS and ERP systems
- Sustainable business model features that help carriers maintain profitable lane utilization