FreightIQChain Logo

Key Features Overview

FreightIQChain – Broker Edition

This page provides a comprehensive breakdown of all primary features available in the FreightIQChain platform for brokers. Each tool is connected to the trust layer and designed to eliminate fraud, reduce overhead, and improve operational flow.

1. Request a Truck

Purpose

Enables brokers to broadcast freight opportunities directly to verified carriers using VATS (Verified Availability Tracking System).

Functionality

  • Broker enters basic load details (origin, destination, equipment type, rate range).
  • Load is instantly broadcast only to verified carriers with compliant status, matching HOS and trailer radius.
  • Carriers can signal availability or accept the job in real time.
  • Broker receives responses inside a centralized availability dashboard.

Broker Value

  • Prevents ghost dispatches.
  • Replaces manual check calls or cold outreach.
  • Connects only with KYC-cleared, blockchain-verified carriers.

Carrier Interaction

  • Carrier receives broadcast if within radius and status is set to "Available".
  • Can accept, counter, or decline in app.
Quick Summary

Broadcast freight opportunities to verified carriers with real-time responses and tracking.

2. Live Capacity

Purpose

Offers real-time visibility into truck availability by region, trailer type, and driver service hours.

Functionality

  • Viewable map/grid of available trucks (within 25/50/100-mile radius).
  • Filter by trailer type (Reefer, Dry Van, Flatbed), equipment size, and remaining hours of service (HOS).
  • "Verified" badge confirms active IDENT match.
  • Broadcast status shows last signal time and geolocation hash.

Broker Value

  • Replaces uncertainty with live signal data.
  • Lets brokers source faster and smarter.
  • Aids in backhaul and market intelligence tracking.
Quick Summary

Real-time visibility into available trucks with filtering by location, equipment, and HOS status.

3. Load Board

Purpose

Allows brokers to manage active freight assignments, post unassigned loads, and track status in one central place.

Functionality

  • Brokers post loads manually or sync via API.
  • Loads are categorized by status: Unassigned, Assigned, In-Transit, Delivered, Disputed.
  • Assigned loads link to verified smart contracts with all relevant terms.
  • Each load has embedded contract metadata and status.

Broker Value

  • Reduces double-brokering risks.
  • Ties each load to a real carrier identity.
  • Makes load progress auditable and tamper-proof.

Carrier Interaction

  • Loads are tied to a single carrier ID.
  • Status updates sync with Dispatch Tracker and Smart Contracts.
Quick Summary

Centralized dashboard for managing all active loads with status tracking and smart contract integration.

4. Dispatch Tracker

Purpose

Provides real-time progress of loads with GPS visibility, timestamps, and smart contract checkpoints.

Functionality

Brokers view each load as a timeline:
  • Pickup Scheduled
  • En Route
  • Arrived at Shipper
  • Loaded
  • In Transit
  • Delivered
  • Updates triggered via GPS, driver check-ins, or auto-contract steps.
  • Color-coded alerts indicate risks (e.g., delay, no movement, HOS expiry).

Broker Value

  • Enables hands-free visibility.
  • Lowers missed appointment rates.
  • Reduces back-and-forth between brokers and dispatchers.

Carrier Interaction

  • Driver devices automatically report positions (manual override optional).
  • Driver sees their own contract and timeline in parallel.
Quick Summary

Real-time tracking with GPS visibility, automated status updates, and smart contract integration.

5. Smart Contracts

Purpose

Locks rate, load details, and carrier identity into a tamper-proof contract deployed on a private blockchain.

Functionality

Upon broker-carrier agreement, a smart contract is generated with:
  • Load terms
  • Rate confirmation
  • Driver/Carrier identity hash
  • FMCSA/IDENT verification hash
  • Timestamps for execution, delivery, and POD upload
  • Contract status updates automatically as events trigger.

Broker Value

  • Eliminates backdated or fake rate sheets.
  • Auditable dispute resolution.
  • Faster back-end reconciliation and factoring.

Carrier Interaction

  • Driver signs/executes digitally.
  • Used to generate invoice on POD submission.
Quick Summary

Tamper-proof blockchain contracts that lock in rates, terms, and carrier identity for secure transactions.

6. Compliance Hub

Purpose

Provides an instant compliance snapshot of all carriers, with document upload and flag-clearing automation.

Functionality

  • Pulls in real-time FMCSA data for each carrier.
  • IDENT engine cross-checks for insurance, DOT status, inspection history, KYC, and ELD snapshot.
  • Broker sees a compliance badge and red/yellow flags (if any).
  • Enables fast decisions without manual document reviews.

Broker Value

  • Speeds onboarding.
  • Helps avoid unsafe or fraudulent carriers.
  • Reduces risk of FMCSA violations or audit triggers.

Carrier Interaction

  • IDENT allows them to upload licenses, insurance, and driver profiles securely.
  • Auto-clear time-sensitive flags (e.g., expired insurance).
Quick Summary

Instant compliance verification with automated document management and real-time FMCSA data integration.

7. Reports

Purpose

Tracks performance metrics, delivery accuracy, cost efficiency, and dispute history over time.

Functionality

  • Pull reports by customer, carrier, lane, or date.
  • View trends:
    • On-time delivery %
    • Late delivery trends
    • Dispute rates
    • Average cost per mile
  • Visualize in bar graphs, timelines, and donut charts.

Broker Value

  • Shows which carriers and lanes perform best.
  • Useful for shipper audits, internal reviews, and sales enablement.
  • Helps negotiate better rates with data.

Carrier Interaction

  • Can view their own performance data if invited to a co-pilot view.
Quick Summary

Comprehensive analytics dashboard with performance metrics, cost tracking, and visual reporting tools.

8. Invoices

Purpose

Automatically generate, validate, and sync invoices based on smart contract and POD data.

Functionality

When load is delivered and POD is uploaded:
  • Invoice is generated instantly.
  • Rate from smart contract is used as source of truth.
  • Optional factoring request initiated.
Dashboard shows:
  • Outstanding
  • Paid
  • Delayed
  • Factoring Queue

Broker Value

  • Eliminates manual invoicing and data re-entry.
  • Prevents mismatches or re-submits.
  • Tracks cash flow with real-time visibility.

Carrier Interaction

  • Carrier sees their own invoice and factoring status (if enabled).
  • Disputes tied directly to delivery contract, preventing false claims.
Quick Summary

Automated invoice generation with smart contract integration, POD validation, and factoring options.