Trax Technologies is a leading player in the logistics industry, specializing in Transportation Spend Management (TSM) visibility for Freight Audit & Payment solutions. Since its establishment in 1993, Trax has been at the forefront of transforming conventional freight and parcel audit through its innovative cloud-based applications and expert services. With a global presence across North America, Latin America, Asia, and Europe, Trax offers data-driven visibility, insights, and enhanced control over transportation spend for companies of all sizes.
The latest injection of $9.70M in corporate round investment, secured on June 22, 2023 from TriumphPay, further underscores the company's significance and potential for growth. This funding boost is expected to support Trax in its mission to empower customers in managing and controlling their global transportation costs more effectively, subsequently driving enterprise-wide efficiency.
Trax Technologies continues to uphold its commitment to revolutionizing Transportation Spend Management, paving the way for enhanced savings and greater control for shippers globally. More insights and information about the company can be found on www.traxtech.com.