Solutions provider LoadBoard Network LLC on Monday announced the launch of its core product, LoadBoard Network shipping aggregation software, which automates load display operations for shippers and brokers who use various applications to find their carrying capacity.
The Hebron, North Dakota-based company was founded in 2022 by its president, Mark Draeb, the former co-founder of PostEverywhere, a cargo display service acquired by Truckstop.com in 2018. Truckstop. com recently announced that it would retire the acquired technology on March 31.
Draeb told FreightWaves that a number of loadout partners, transportation management systems and customers have contacted him looking for a product they can continue to use to cover their shipments and grow their networks. carrier partners.
For Draeb, it was an opportunity for him and his technology partners to develop something new and dynamic for these users.
“PostEverywhere was 20-year-old technology, you couldn’t do much with it,” Draeb said. “We are coming out of the gate with the LoadBoard Network software, but the best part is that the infrastructure is brand new. There will be incredible opportunities for customers as we add functionality.
Currently, LoadBoard network customers will be able to take advantage of integrations with partners such as 123Loadboard, Comfreight, Delivery Brokers, Direct Freight Services, Five Star Load Board, Fork Freight, Freight2Cash, Freight-Terminal, LoadMatch, NextLOAD, Trucker Path, The Transport Carrier network and Trulos.
According to Draeb, as the LoadBoard network begins building products with blockchain partner dexFreight, the loadboard software company will be able to offer payment, messaging, smart contract and financing services.
As competing products begin to silo their services within their own network of customers and carriers, Draeb believes that creating a cooperative environment for carriers and logistics product providers will triumph in the long run.
“Small brokers, carriers and shippers are becoming much more proactive in using technology,” Draeb said. “The LoadBoard network will open up technology and opportunities for them that will be far more advanced than what we see now from the major load board vendors.”
Watch now: Make technology your asset, not a liability
You might also like:
Parade raises $12.7M to ‘accelerate freight broker technology enablement’
Arrive Logistics Acquires Forager for Cross-Border FreightTech
Loadsmart Becomes FreightTech’s Next Unicorn at $1.3 Billion Valuation with SoftBank Investment