Trax Discusses Strategies for Tracking, Managing & Reducing Carbon Emissions within Supply Chains at Manifest

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Global leader in Transportation Spend Management (TSM) solutions, Trax Technologies, will share supply chain sustainability strategies on-site during this year’s Manifest supply chain and logistics conference Wed., Feb. 1 and Thurs., Feb. 2

Trax president Josh Bouk is scheduled to meet with several media outlets to discuss how the upcoming new U.S. Securities and Exchange Commission (SEC) climate disclosure rules for reporting on scope 1, 2 and 3 emissions now impact the transportation industry. Scope 3 emissions reporting will be required by all companies within a few years – prompting leaders to come up with a strategy for improving transportation emissions. 

Because it takes complete, reliable data to help a transportation company minimize scope 3 emissions and there are so many vendors associated with a single supply chain, Bouk and the Trax team are serving as counsel to many supply chain leaders seeking credible ways to clean up their supply chains.

“If you ask 20 different vendors for emissions data, you’d get 20 different versions of how they calculate it,” said Josh Bouk, president of Trax. “There are currently no governing standards, transparency, or third-party accreditation on how that data was collected.” 

Trax recently launched the Carbon Emissions Manager, which provides accurate, detailed carbon emissions for all shipments across all modes and in all geographies. Additionally, the Carbon Emissions Manager uses data from the $22B in transportation spend invoices Trax audits annually to help enterprise businesses track Scope 3 emissions and, ultimately, identify and reach sustainability goals.

“The transportation industry is the largest source for U.S. greenhouse gas emissions, reaching nearly 30%,” said Bouk. “I look forward to sharing best practices and technology-driven solutions for reducing greenhouse gas emissions within global transportation logistics operations.”

Manifest attendees represent a wide range of supply chain management industries including finance, logistics and transportation, manufacturing operations, purchasing and procurement, technology, third party logistics services, and warehousing. Discussions about how emissions management and other reduction solutions can empower shippers to optimize their supply chains and make the environment cleaner are essential with upcoming SEC reporting changes. Attendees will have the opportunity to visit with professionals from Trax Technologies at booth #305 on the exhibit floor.