TransLGX streamlines the ordering and tracking of
commercial freight.
Total distance traveled in highway miles:
93,512,000,000 per year
256,197,260 per day
2,965 per second
THE TRUCKING INDUSTRY
Generating $650
Billion in annual
revenue
Trucking accounts for
84% of all freight
transported annually
in the US.
CHALLENGES
Main challenges customers face when ordering commercial
freight are:
1. Pricing: Shippers use brokers, who
charge 30-40% in commissions
2. Order Tracking: Uncoordinated arrivals, wait fees
and other inefficiencies are
common
3. Marketplace Access: Small businesses (6 or fewer
trucks) represent over 90% of the
industry, and depend on
overpriced brokers to connect
them with customers
SOLUTION
TransLGX uses a competitive reverse bidding process to
let truckers compete for the business, enables real-time
freight tracking, and centralizes access to a nationwide
network of independent owner operators
TransLGX APP
TransLGX APP - CARRIER
TransLGX APP - CARRIER
TransLGX collects a 10%
service fee on all loads sold
through the platform.
TransLGX APP - CARRIER
REVENUE SOURCES
➢ 10 % transaction fee for all loads sold
Other revenue sources:
● Factoring (freight and fuel)
● Reselling of electronic logging services
● Data sales
● Ad sales
● Referral fees
COMPETITOR OVERVIEW
Feature Cargo-
matic
Convoy Uship Freight-
quote
Traans-
mission
TransLGX
Competitive bidding X X ✔ X X ✔
Specialized in long haul freight X X X ✔ ✔ ✔
Real time tracking (E-Log, GPS data) ✔ ✔ ✔ X ✔ ✔
Reliable ETAs ✔ ✔ ✔ X ✔ ✔
Fast payment to driver X X ✔ ✔ X ✔
Intuitive user experience ✔ ✔ ✔ X ✔ ✔
Same-day orders ✔ ✔ X ✔ ✔ ✔
Next-day orders ✔ ✔ X ✔ ✔ ✔
Direct communications w/ driver X X ✔ X ✔ ✔
Dashboard to manage all loads in transit X ✔ ✔ X X ✔
Fees of less than 15% X X X X X ✔
Carrier & Shipper reviews ✔ ✔ ✔ X X ✔
TransLGX Pitch Deck

TransLGX Pitch Deck

  • 2.
    TransLGX streamlines theordering and tracking of commercial freight.
  • 3.
    Total distance traveledin highway miles: 93,512,000,000 per year 256,197,260 per day 2,965 per second THE TRUCKING INDUSTRY Generating $650 Billion in annual revenue Trucking accounts for 84% of all freight transported annually in the US.
  • 4.
    CHALLENGES Main challenges customersface when ordering commercial freight are: 1. Pricing: Shippers use brokers, who charge 30-40% in commissions 2. Order Tracking: Uncoordinated arrivals, wait fees and other inefficiencies are common 3. Marketplace Access: Small businesses (6 or fewer trucks) represent over 90% of the industry, and depend on overpriced brokers to connect them with customers
  • 5.
    SOLUTION TransLGX uses acompetitive reverse bidding process to let truckers compete for the business, enables real-time freight tracking, and centralizes access to a nationwide network of independent owner operators
  • 6.
  • 7.
  • 8.
    TransLGX APP -CARRIER TransLGX collects a 10% service fee on all loads sold through the platform.
  • 9.
  • 10.
    REVENUE SOURCES ➢ 10% transaction fee for all loads sold Other revenue sources: ● Factoring (freight and fuel) ● Reselling of electronic logging services ● Data sales ● Ad sales ● Referral fees
  • 11.
    COMPETITOR OVERVIEW Feature Cargo- matic ConvoyUship Freight- quote Traans- mission TransLGX Competitive bidding X X ✔ X X ✔ Specialized in long haul freight X X X ✔ ✔ ✔ Real time tracking (E-Log, GPS data) ✔ ✔ ✔ X ✔ ✔ Reliable ETAs ✔ ✔ ✔ X ✔ ✔ Fast payment to driver X X ✔ ✔ X ✔ Intuitive user experience ✔ ✔ ✔ X ✔ ✔ Same-day orders ✔ ✔ X ✔ ✔ ✔ Next-day orders ✔ ✔ X ✔ ✔ ✔ Direct communications w/ driver X X ✔ X ✔ ✔ Dashboard to manage all loads in transit X ✔ ✔ X X ✔ Fees of less than 15% X X X X X ✔ Carrier & Shipper reviews ✔ ✔ ✔ X X ✔