Trax Technologies operates in the global logistics and transportation sector, specializing in Transportation Spend Management (TSM) solutions. The company serves large-scale enterprises with complex supply chain needs, such as Pfizer, by offering tools that enhance visibility, control, and optimization of their transportation networks. Trax's business model revolves around providing cloud-based software solutions that help clients manage their freight audit, payment processes, and rate management. By delivering actionable insights and metrics, Trax enables its clients to make informed decisions, reduce costs, and improve operational efficiency. The company generates revenue through subscription fees for its software services and consulting fees for tailored solutions.

Keywords: Transportation Spend Management, global logistics, supply chain, freight audit, payment solutions, rate management, cloud-based software, operational efficiency, cost reduction, actionable insights.