Trax is awarded for offering logistics cost-cutting and emissions reduction software for global enterprises.

Global leader in Transportation Spend Management (TSM) solutions, Trax Technologies, announced the company’s recognition from Inbound Logistics magazine as a 2023 Top 100 Logistics IT Provider.

TSM incorporates global freight audit and payment (FAP) services, but expands FAP through the use of modern data aggregation, analytic tools, and artificial intelligence, to address a broader set of enterprise needs – from global rate management and procurement solutions, to working capital improvements techniques, to carbon accounting and emissions reporting solutions.  Trax saves its clients over a billion dollars annually by leveraging its cloud-based TSM platform, which is the broadest and most global TSM solution on the market today.

Due to the company’s unique value-add to its customers and leadership within the transportation industry, Trax was selected from hundreds of nominations submitted for companies offering logistics IT solutions. The editors at Inbound Logistics selected honorees that reflect leadership by answering and anticipating supply chain leaders’ needs for simplicity, flexible pricing, ROI, and frictionless implementation.

The Top 100 Logistics IT Providers list is available by visiting InboundLogistics.com.