Lane Deposit Policy

GlobalTranz Dedicated Lane Program (Revised)

1 Purpose

This Lane Deposit Policy ensures commitment, reliability, and smooth operations for all carriers participating in GlobalTranz dedicated lanes.


2 Lane Commitment Deposit (Mandatory)

  • A $500 Lane Deposit is required to lock in and reserve a dedicated lane
  • This deposit confirms that only serious and committed carriers secure lane assignments

3 Reason for Deposit

The deposit is required due to operational disruptions such as:

  • Carriers delaying lane start after booking
  • Last-minute cancellations
  • Carriers leaving after partial completion

This policy protects lane stability and ensures consistent service.


4 Lane Service Terms

  • Minimum commitment: 3 months (or full agreed round trips)
  • Carrier must complete all assigned round trips without interruption

5 Payment Structure (Updated)

  • The $500 deposit is NOT part of total lane revenue
  • It is a separate commitment deposit only
  • Upon successful completion:
    • Carrier receives full agreed payments for loads as per contract
    • GlobalTranz retains $150 (30% of $500) as a service/management fee
    • $350 (70% of $500) is returned/credited to the carrier

6 Deposit Adjustment

The refundable portion ($350) will be:

  • Added to the final load payment OR returned after completion

7 Non-Completion / Default

If the carrier does NOT complete all round trips:

  • The full $500 deposit is forfeited (non-refundable)

8 Policy Enforcement

Non-compliance may result in:

  • Lane cancellation
  • Removal from program
  • Loss of deposit

9 Acknowledgment

By locking in a lane, the carrier agrees to all terms in this policy.

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Important Notice

$500 deposit is required to secure the lane.
$350 is returned after completion.
$150 is retained as GlobalTranz service fee.
Failure to complete = full deposit loss.