Trax Technologies

Trax Technologies, Inc. specializes in refining logistics data for the transportation industry, addressing issues of inaccuracy and inconsistency prevalent in the sector. By utilizing a cloud-based software platform, Trax helps companies streamline their logistics management processes, enhancing audit controls and maintaining detailed records of costs and payments. This refined data aids clients in minimizing inefficiencies, reducing financial risk, and improving overall decision-making through better data analytics. The company estimates that poor logistics data costs the transportation industry significantly, underscoring the importance of its services. With offices across the U.S., Europe, Asia, and Latin America, Trax Technologies plays a crucial role in helping businesses achieve greater efficiency and financial clarity in logistics operations. For more information, visit www.traxtech.com.

Josh Bouk

President

1 past transactions

Veraction

Acquisition in 2018
Veraction is a provider of a cloud-based transportation spend management solution that focuses on optimizing logistics operations for enterprises. The company's software offers a range of services, including freight management, parcel auditing, bill payment, small package shipment tracking, and financial allocations. By delivering comprehensive spend analytics, Veraction enables organizations to gain valuable insights into their transportation expenditures and effectively manage their logistics programs. The platform aims to maximize savings across various transportation channels and modalities, supporting global freight audit and payment processes.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.