A better way to manage
ocean allocation
Laneway is building the utility layer for ocean freight slot allocation — giving flexible capacity for shippers and reliable demand for carriers.
Ocean freight contracts are structurally broken
Every year, carriers and shippers negotiate contracts where 30–35% of bookings are cancelled. During volatile periods, that number can reach 90%. Carriers sail with empty slots. Shippers scramble for spot capacity.
The root cause: space scarcity — a volatile, market-driven cost — is bundled invisibly inside the base rate. Neither side can manage what neither side can see.
Weekly allocation — taken from the carrier award divided by 52 weeks — is a wholly insufficient way to plan shipping space.
The case for unbundling space from the base rateThe AEU — Allocation Equivalent Unit
A tradeable loading guarantee for vessel space that lives alongside existing contracts. Space gets its own price. Cancellations become cargo. Both sides plan with certainty.
Neutral utility
Laneway operates as a neutral utility — separating information so the market operates fairly — not partial to either contracted party.
Additive, not disruptive
AEUs work alongside existing carrier-shipper contracts. Keep your contracts — just add a new tool for managing space scarcity.
Built on industry standards
Working with existing booking infrastructure to ensure the AEU fits naturally into how the industry already operates.
New thinking for an old problem
Andrew Petrisin
CEO & Founder
Andrew previously served as the Deputy Assistant Secretary for Multimodal Freight at USDOT, where he built Freight Logistics Optimization Works (FLOW).
LinkedIn
Keir Daniels
Founding Engineer
Keir previously worked at Google and BlackRock, in both software engineering and client engagement roles. Keir started his career serving in the U.S. Coast Guard.
LinkedInCommonweal Ventures
Pre-seed investment to build and validate the AEU model with leading carriers and shippers.
commonwealventures.comInterested in learning more?
We're working with carriers and shippers to add AEUs to their existing contracts.
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