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 Introduces Carbon Emissions Tracker for Transportation Industry

New solution enables shippers and LSPs to track and optimize carbon emissions while reducing transportation spend costs

Trax Introduces Carbon Emissions Tracker for Transportation Industry

Trax Technologies (Trax), the global leader in Transportation Spend Management (TSM) solutions, announced the production of Carbon Emissions Tracker, its carbon tracking and optimization solution that provides real, detailed, actual carbon emissions for all shipments, across all modes and in all geographies.

This unparalleled solution will enable global enterprise shippers and logistics service providers (LSPs) to help the environment while enhancing their bottom line. Shippers will ultimately have the capability to meet energy efficiency regulations by connecting the tracking of greenhouse gas emissions with freight audit and payment (FAP) to elevate decision making around cost, performance and sustainability within transportation.

"With the continuing threats to our global environment, an increasing number of CEOs and CFOs are making triple bottom line reporting a vital part of their public commitments. Until now, these leaders have only had access to rough estimates of carbon emissions from transportation without the insights that would help them make decisions that improve the environment. But with Trax’s Carbon Emissions Tracker, they can see the detailed actual emissions coming from each shipment, based on vehicle, lane and mode,” said Josh Bouk, president, Trax. "The ability to track actual carbon emissions across a client’s transportation network is phenomenal because it creates a benchmark from which clients can set clean air goals, track progress against their goals, while continuing to optimize the cost of their transportation network via our freight audit and payment suite."

Trax is striving to ensure other businesses have the resources necessary to help improve business outcomes and help the environment. Building innovative products like the Trax Carbon Emissions Tracker is a step in the right direction for companies seeking carbon emission tracking and optimization solutions for supply chain carbon footprint reduction.

About Trax Technologies:
Trax is the global leader in Transportation Spend Management solutions. Trax elevates traditional Freight Audit and Payment with a combination of industry leading cloud-based technology solutions and expert services to help enterprises with the world's more complex supply chains better manage and control their global transportation costs and drive enterprise-wide efficiency and value. With a global footprint spanning North America, Latin America, Asia and Europe, Trax delivers data-based visibility and insights, higher savings and better control of transportation spend for shippers and 3PLs/4PLs of all sizes. For more information, visit www.traxtech.com.

https://www.traxtech.com/

Recent

More Stories

New Horizon Releases Innovative Functionality for Optimizing Inbound Logistics Scheduling at DCs

ACTON, Massachusetts – September 3, 2024 – New Horizon Soft, LLC, a global leader in AI-powered supply chain planning software, announced today the release of a new version of its Buyers Workbench procurement planning software. The latest version includes the ability to optimally schedule inbound deliveries, taking into account distribution center (DC) receiving capacity, thus minimizing receiving bottlenecks and lowering inbound logistics costs. A research paper describing the innovative methodology and its deployment at an iconic $10B+ U.S. quick-service restaurant chain was recently published in the peer-reviewed academic journal, the International Journal of Operations Research and Information Systems.

Supply chain organizations typically plan purchase orders without regard to DC receiving capacity. This leads to bottlenecks on some days and underutilized staff on others. New Horizon’s methodology, called Master Purchasing Receipt Scheduling (MPRS), uses a novel algorithm to automatically and optimally schedule deliveries. The algorithm plans deliveries at the time of purchase order creation and results in a steady volume of deliveries and lower planning and logistics costs. While first deployed at a restaurant chain, the methodology is applicable to any manufacturer, wholesaler, retailer, or foodservice company operating high-velocity DCs.

Keep ReadingShow less

Featured

Unlimited Service Group Launches New Repair and Maintenance Management Platform, USG Connect

Unlimited Service Group Launches New Repair and Maintenance Management Platform, USG Connect

ADDISON, Ill.--(BUSINESS WIRE)--Unlimited Service Group, a group of local foodservice equipment repair providers, today announced the launch of USG Connect, an innovative new repair and maintenance management platform designed to streamline and simplify the repair and maintenance of commercial kitchen equipment.

USG Connect provides commercial kitchens with a one-stop solution for hassle-free and scalable equipment service. The exclusive platform offers a user-friendly digital experience that allows restaurants, hospitals, hotels and more, to consolidate and manage their service requests into a single maintenance management system. No matter the size of the organization, USG Connect brings the power of 35+ trusted local service brands with more than 125 locations into a consistent service experience for our customers, ensuring seamless and effective management of all foodservice equipment service requests in one, easy-to-use online platform.

Keep ReadingShow less
Princeton TMX Adds Barge Capabilities to Multi-modal TMS

Princeton TMX Adds Barge Capabilities to Multi-modal TMS

August 28, 2024 (Fort Wayne, IN) – Princeton TMX, a leading multi-modal transportation management system (TMS) provider, today announced a strategic partnership with OpenTug, a marine logistics platform dedicated to enhancing freight efficiency on inland and coastal waterways by streamlining booking, quoting and tracking. Integrating OpenTug’s marine logistics capabilities into the Princeton TMX system lets shippers easily book and manage terminal, barge and vessel capacity within the platform.

Princeton TMX’s multi-modal TMS automates complex transactions by simplifying the entire transportation planning and execution process, providing shippers with better rates, better lanes and lower risk. Seamless integration with OpenTug’s digital tool, BargeOS, allows shippers to compare quotes, book capacity and track shipments for barge shipments the same way as over-the-road, rail and intermodal transport. This not only streamlines the transportation management processes but unlocks additional opportunities for operational and financial improvement by enabling shippers to manage their entire transportation operations in a single system.

Keep ReadingShow less
project44 Launches Emissions Monitoring To Improve Supply Chain Sustainability and Compliance

project44 Launches Emissions Monitoring To Improve Supply Chain Sustainability and Compliance

project44, the leader in supply chain visibility and the only High-Velocity Supply Chain Platform, today announced Emissions Monitoring, giving shippers, carriers and LSPs the Scope 3 emissions insights necessary for optimized sustainability decision-making. Emissions Monitoring offers customers precise, GLEC-accredited emissions calculations for shipments across all modes, empowering businesses to track and manage their carbon footprint effectively.

With project44's new sustainability solution available in the Movement by project44 platform, users can streamline their compliance with customizable reporting and reduce their environmental impact with accurate historical emissions data at the mode, shipment, carrier, and lane level. Users are also able to enhance customer satisfaction by measuring positively in ESG reports and delivering on their sustainability promises.

Keep ReadingShow less

Cold Storage Power Supply: BSLBATT forklift lithium batteries support refrigerated applications

Huizhou, China - BSL New Energy Technology Co., Ltd. (Brand: BSLBATT® ), an innovative high-tech company that designs and manufactures smart lithium-ion batteries (50% more efficient than similar products on the market) for industrial forklifts used in the warehousing and distribution industries, has partnered with PF, a major European cold storage customer, to launch the largest fleet of lithium-battery-powered Crown forklift in the cold storage industry, with a deployed capacity of approximately 6.6 megawatt-hours (MWh).

"Lithium-battery systems eliminate time-consuming and expensive maintenance and provide longer life at extreme temperatures, especially in cold environments. As the company converts all existing and future material handling equipment to lithium batteries, the fleet will run better, longer, and consume less power."

Keep ReadingShow less