Veraction: Veraction Merges With Trax Technologies: A Q&A with CEO Chris Connell (Part 1)

Categories: Industry News, Logistics, M&A, Operations, Procurement, Solution Providers, Supply Chain, TechnologyTags: General News, L1Earlier this summer, Veraction, a provider of transportation spend management and freight audit software, announced it would merge with Trax technologies, a provider of global freight audit and payments solutions. The combined company, which is retaining the Trax name, manages more than $10 billion in logistics spending across all transportation modes for more than 300 enterprise customers, according to a press release. To learn more about the transaction, as well as what companies like Trax can offer to procurement and supply chain organizations, we sat down with Chris Connell, former CEO of Veraction and now CEO of the combined Trax Group. (Read more...)