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Let’s face it: for today’s shippers, compliance and payment services just aren’t enough. Shippers need (and expect) much more. Whether it’s real insight into their spend data for better decision making, robust monitoring and visibility to measure activity and carrier performance, or coverage of all modes across the globe, shippers are looking for capabilities that deliver better visibility, better savings and better control over their transportation spend – SEE, SAVE, CONTROL. Trax Group (formerly Veraction) is a company with significant freight audit and payment history dating back to 1994. Today, Trax Group’s team of over 200 professionals serve nearly 300 customers across a number of industries and in a number of ways – from traditional freight audit and payment to helping to source new transportation contracts to providing robust business intelligence. Headquartered in Memphis, TN, the company maintains delivery and technology capabilities in Los Angeles, CA, Austin, TX, Saint Simons Island, GA, Amsterdam, Manila and Shenzhen, China.

Website http://www.veraction.com
Revenue $27.2 million
Employees 64 (26 on RocketReach)
Founded 1994
Address 3400 Players Club Parkway Suite 300, Memphis, Tennessee 38103, US
Phone (800) 755-0110
Fax (901) 757-5550
Technologies
Industry IT Services and IT Consulting, Custom Software & Technical Consulting, Freight Service, Freight Audit, Software, Transportation, Cost Allocation and Coding, Information Services, Parcel Audit, Information Technology, Accrual Management, Payments, Data Analytics, Financial Services, Claims Management, Sourcing and Contract Optimization, Transportation Consulting
Web Rank 15 Million
Keywords Freight Payment, Spend Analytics, Freight Bill Audit, Audit Services, Shipping Compliance, Payment Solutions, Payment Processing, Payment Automation, Supply Chain Finance, Compliance Services, Supply Chain Visibility, Freight Audit, Data Visibility, Cost Optimization, Transportation Management, Shipping Optimization, Transportation Analytics, Logistics Technology, Carrier Management, Logistics Automation
Competitors Honeywell, Zebra Technologies, PT. The Nielsen Company Indonesia, Datalogic, RetailNext, Scandit, RSi a Circana Company, AiTrillion Marketing Automation, Nedap, SenseMi ViuBox +27 more (view full list)
SIC SIC Code 73 Companies, SIC Code 737 Companies
NAICS NAICS Code 5182 Companies, NAICS Code 51 Companies, NAICS Code 518 Companies

Trax Questions

The Trax annual revenue was $27.2 million in 2026.

26 people are employed at Trax.

Trax is based in Memphis, Tennessee.

The NAICS codes for Trax are [5182, 51, 518].

The SIC codes for Trax are [73, 737].

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