Commtrex mentioned in the Wells Fargo May 2023 Equity Research Report
as one of the best partners for the railroads to help them grow their volume.
"Commtrex is one example of a company with a mission of "simplifying the movement of freight by rail" and connecting the supply and demand side into a digital platform as it related to rail; it has even created a digital storefront to provide all the information/data for uses to make decisions, making the customer experience much more appealing and user friendly. Commtrex offers four online marketplaces/exchanges for rail service including: Leasing, transload, storage, and buy/sell marketplace; these aspects cover most of the day-to-day operations a supply chain profession would encounter and Commtrex offers them in a "one-stop-shop" platform for shippers.
According to the company, transloading has been part of the successful Commtrex story thus far as it's the "inter-connectivity" to all modes of transportation; it currently partners with six of the seven Class I railroads as they share the belief that transload data consolidation could make transporting by rail that much easier."
