Farelanes was established with the premise that “lane pricing” is one of the most challenging aspects of daily freight transportation. Farelanes provides an unparalleled solution to this industry-wide concern: the cost of moving a load from one location to another. With Farelanes, you can obtain accurate and up-to-date pricing information, down to the cent. Moreover, our user-friendly web applications and desktop controls, including tickers and scopes, offer real-time access to the lanes you monitor and utilize. Additionally, tickers can be customized for enhanced tracking. Any lane. Anywhere. Any time. This changes everything.
Challenges Today
One of the most significant challenges in the logistics industry is accurately determining lane pricing. Determining the actual cost of transporting goods from point A to point B involves numerous variables, beyond the freight itself. Accessorial fees, such as tolls, fuel, broker fees, and many others, add up to a significant uncertainty. Until now, there has been no reliable, transparent, and accurate data available to provide a definitive answer to the question of the true cost of freight transportation.
However, that era is now behind us.
Farelanes has revolutionized this landscape by offering transparent, real-time pricing for all stakeholders, including shippers, brokers, 3PLs, and owner-operators. With Farelanes, everyone now has instant access to accurate, clear, and consistent information that provides the real costs of transportation. No more guessing, no more pricing inconsistencies, and no more wondering if the price displayed is the correct one. Farelanes’ pricing and data analytics capabilities enable the delivery of the right offer to the right customer at the right time. By seamlessly combining reliable data and innovative technology, Farelanes creates value for everyone involved.
Farelanes mission
Farelanes aims to be the platform for industry innovation in logistics by providing true and fair pricing, foundational content, centralized data publishing, and tools for computation and data management.
Farelanes vision
Farelanes’ vision is to establish itself as the trusted partner in the logistics industry, driving innovation, simplifying processes, and enhancing network efficiencies. They achieve this through the implementation of standards, technology, and effective governance.
