Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Trax Appoints New SVP of Sales & COO

After announcing strategic relationship with TriumphPay, Trax’s executive appointments of Steve Liebman as SVP of Sales and John Vallely as COO showcase commitment to global growth & industry leadership

Trax Appoints New SVP of Sales & COO

Global leader in Transportation Spend Management (TSM) solutions, Trax Technologies (Trax), today announced the appointment of Steve Liebman as Senior Vice President of Sales and John Vallely as Chief Operating Officer. Both Liebman and Vallely report directly to Chief Executive Officer Hampton Wall, and will be tasked with further escalating the company’s revenue growth, customer retention and diversification, product innovation, and strategic partnerships.

“Adding Steve and John to our leadership team further amplifies Trax’s growth as a leader within the transportation industry as we utilize our software and services to help global shippers better manage the costs and emissions of their logistics networks,” said Hampton Wall, Chief Executive Officer of Trax. “Trax’s recent strategic investment and relationship with TriumphPay demonstrates our company’s commitment to the global shipper market, all while extending TriumphPay’s payment solutions that are accepted by the entire transportation industry, but most importantly safely and securely transmitted.”


Serving as Senior Vice President of Sales, Liebman brings 25 years of experience to Trax that includes leading FinTech and LegalTech go-to-market teams to generate process improvements, scale, and revenue growth. Prior to arriving at Trax, some of Liebman’s leadership roles include serving as Senior Vice President of Sales for Capitol Canary, Head of Sales and Client Services for Bloomberg Industry Group, and Senior Director of Field Sales for Thomson Reuters.

“During this pivotal time in our industry and as Trax continues to grow, it is critical that our Sales and Account Management teams keep pace with these changes and new demands,” said Liebman. “I look forward to leading the Trax team to deliver exceptional service and extend our leadership position as the only true global Transportation Spend Management provider.”

As Chief Operating Officer, Vallely brings more than 20 years of experience to Trax, with a focus on operational leadership in supply chain, software, and software-enabled services companies. He has led organizations serving various industries, including technology, oil and gas, pharmaceutical, legal, and transportation. Previously, he served in leadership roles at E2open, Ritchie Bros., ConocoPhillips, and Intapp, where he implemented logistics and order management software, lead sourcing and procurement systems programs, and ran a global professional services team for risk management software.

“Trax is a growing company that is helping global enterprises experience shipping in a whole new way. We deliver end-to-end credible shipment data used to optimize shipping costs, as well as gain insight into shipment impact on our climate through the use of emissions tracking and management,” said Vallely. “I look forward to ensuring our processes and procedures are streamlined for greater internal efficiency so the Trax team is empowered to best serve and remain accountable to our customers.”

Trax unlocks valuable freight audit and payment (FAP) data insights that help enterprise shippers optimize costs and reduce emissions using its proprietary software. The Trax team is focused on meshing together cost optimization and emissions reduction through credible, complete data from the annual $24B in transportation spend invoices the company audits.

The company’s dedicated team of leaders exemplifies unwavering commitment to showing customers ways to increase their bottom lines and decrease environmental pollutants.

https://www.traxtech.com/

The Latest

More Stories

Conveyor Solutions, KVK, Electrical Services Group, SIM Aftermarket Services, and SIM Software, combine

Elgin, Il. - October 21, 2024 – Systems in Motion today announced that its new name and brand will be effective immediately. This name change is part of a rebranding initiative, but is also the culmination of the companies’ close working relationship for the past five years and represents their unified strength. Systems in Motion will continue to provide material handling services as a tier-one, turnkey material handling integrator.

The Systems in Motion name creates a single and powerful platform – one that embodies client and industry goals of moving forward – while understanding the complexities and unique objectives of every system. The new brand also signifies the culmination of investment in internal processes that streamline procedures, and deliver a seamless customer experience.

Keep ReadingShow less

Featured

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation


September 24th, Charlotte, NC - HTL Freight, a rising leader in the third-party logistics (3PL), is pleased to announce the acquisition of CTS Logistics, a full-service managed transportation company (4PL) headquartered in Windham, NH. This acquisition, HTL Freight’s fourth major transaction since 2021, reinforces its commitment to delivering exceptional freight solutions across North America.

Keep ReadingShow less
ETIHAD CARGO celebrates 20 years of successful operations in India

ETIHAD CARGO celebrates 20 years of successful operations in India

Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm of Etihad Airways, is celebrating 20 years of operations in India, a milestone that reflects the airline's ongoing commitment to the Indian market since its first flight to Mumbai on 26 September 2004. Over the years, Etihad Cargo has expanded its presence in India, now offering belly hold capacity via nonstop services between Abu Dhabi and 12 major Indian cities, with plans for further growth.

Etihad Cargo handles over 46,000 tonnes of cargo annually ex India, connecting the country to over 100 global destinations via its Abu Dhabi hub via 588 widebody and narrowbody rotations each month. To meet the needs of specific sectors, Etihad Cargo has enhanced its product range, adding new features and launching new products. Key commodities handled include electronics, including mobile phones and semiconductors, garments, pharmaceuticals, perishables, e-commerce, automobile components and courier shipments, reflecting the diversity and strength of India's manufacturing and export sectors.

Keep ReadingShow less

Xtreme Trucking selects HOPTEK’s Dispatch Engine® solution forreal-time visibility and optimization of fleet operations

Charlotte NC, September 23, 2024 (McLeod User Conference ) – HOPTEK, a global leader in AI-driven trucking and fleet transportation solutions, has been selected by Xtreme Trucking of Wisconsin, one of the U.S.’s leading technology-first transportation and logistics providers, for its Dispatch Engine® solution, a digital platform providing instant visibility and access to the spot load market, while matching available carrier capacity across thousands of possible options. HOPTEK’s “digital twin” will provide real-time visibility and enable Xtreme to boost operational efficiency and fleet utilization, while reducing driver turnover and deadhead miles, resulting in material cost savings and profitability.

Started as a small independent operation in 2006, Xtreme Trucking was formally established in 2009 to become a quality diversified transportation provider, with a growing revenue profile and extensive coverage across the United States. Through HOPTEK’s Dispatch Engine®, Xtreme has leveraged real-time data visibility and dynamic decision-making to drive operational velocity to achieve up to a 20% increase in both Revenue per Hour and Weekly Revenue Miles per Driver – a clear competitive advantage.

Keep ReadingShow less
Nulogy and Kinaxis Announce Partnership to Accelerate Synchronization for Manufacturing Supply Chain

Nulogy and Kinaxis Announce Partnership to Accelerate Synchronization for Manufacturing Supply Chain

Nulogy, a leading provider in supply chain collaboration solutions, and Kinaxis, a global leader in supply chain orchestration, have announced a partnership to develop cutting-edge solutions for brand manufacturing supply chain networks worldwide.

The new partnership aims to catalyze fast-moving consumer goods (FMCG) and life science brands and their supplier networks to work together more effectively through digital transformation solutions, thereby mutually improving costs, service and revenue. Combining the supply chain orchestration capabilities of Kinaxis with the collaborative external manufacturing specialization of Nulogy will enable customers to share forecasts and order information with suppliers and receive inventory capacity information faster.

Keep ReadingShow less