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Team Fr8 Network

Unleashing the Power of Blockchain

The $700B US trucking industry is the backbone of American commerce with 80% of all cargo transported overland by trucks, yet it is plagued with inefficiency and ultimately controlled by a bloated intermediary brokerage system whose incentives are not aligned with the true stakeholders. Imagine forming a blockchain platform bringing together shippers, carriers, truckers and brokers where they can place and track orders, assess performance records, compare pricing and extend credit. Add in a set of decentralized applications (DApps) linking up these stakeholders--and a new digital token speeding their transactions--and you could cut billions of dollars in inefficiencies from the $700 billion-dollar-a-year trucking industry. That is the vision of Fr8 Network, a newly formed upstart that aims to take the pain out of shipping by targeting, in particular, the $66 billion a year in fees exacted by some 16,000 middleman brokerages. Some key points: · Potential savings are huge. Trucks travel an astounding 29.6 billion miles every year only partially loaded or entirely empty--a waste of capacity even as businesses struggle with a shortage of drivers. · Cut that unused capacity in half, and we could save $30 billion a year in fuel costs and reduce carbon emissions from trucks by 100 million tons per year, 20% of their total carbon output. · By matching customers to and carriers online, the industry could sidestep broker fees that pose up to 20% of the cost of shipping goods; cut fees in half and the industry saves some $30 billion.

3 2 expert ratings
Benchy 2.3
Review: coming soon PRO
value of tokens sold in ICO
IEO launchpad
Price in ICO
0.1500 USD
ICO start
16th Apr 2019
ICO end
22nd May 2019
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Jon Fox


Sloane Brakeville


Ling Qing Meng

VP Engineering

Shankhri Balaji

Chief Strategist

Yevgeniy Spektor

Lead Engineer

Barry Glasco

Senior Enterprise Engineer

Michael Zargham

PHD Mathematician

Matt Barlin

MIT Trained Data Scientist

Peter Crane

Business Development

Will Kamensky

Community Management


Scott Walker

Partner Distributed Network Advisors (DNA)

Dustin Boyer

Partner Distributed Network Advisors (DNA)

Emily Bush

Partner Distributed Network Advisors (DNA)

James Regenor

Deputy Executive Secretary National Security Council Executive Office of the President for Bush and Obama Administrations

Adam Helfgott

CEO Madhive

Tom Bollich

CTO Madhive

Court Coursey

Managing Partner, Tomorrow Ventures

Konstantin Richter

CEO Blockdaemon

Alex Lightman

CEO Millennium Energy Corporation

Matt McGraw

Founding Partner, The Bureau

Matt McKibbin

CDO, Decentranet

Ted Moskovitz

Founder, Decentranet

Eric Greenberg

Founder, Chairman and CEO Warp Media

Scott Nelson

Chairman & CEO Sweetbridge

Mac McGary

President, Sweetbridge

Dave Henderson

Co-Founder and CFO Sweetbridge

Rebecca Lerner

EVP Madhive

E. David Ellington

Founder Silicon Valley Blockchain Society

Amit Pradhan

Managing Partner Jet Ventures

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