In full transparency, the following was submitted to SOURCE media , through its business wire service.
FRAMINGHAM – Trux, a dump truck logistics technology company, announced thsi week, it has achieved 5 major milestones.
This comes on the heels of achieving top-line revenue growth of 133% in 2020. So far this year, Trux has put $96.9 million worth of trucking through its platform, representing a growth of 62.5% over the same period in 2020, and experienced a 17% year over year growth in active monthly users on its SaaS platform.
Since its founding in 2015, Trux has provided key customers such as Vulcan Materials Company, Pavecon, Harness and U.S. Pavement Services the solutions they need to properly manage their fleets, deliveries and construction operations.
Trux’s significant growth in the past year has resulted in achieving 5 major growth milestones including:
- Over 30,000 approved drivers on our platform
- Over 4 million loads completed through Trux
- Over 165.5 million miles logged on the platform by Trux users
- Serving over 12,000 businesses on the platform/ecosystem
- 100k invoices consolidated
“We’re thrilled to see the traction the Trux platform has gained in such a short time,” said Bart Ronan, CEO of Trux. “From the start, our goal has always been to better serve the construction industry and fill a long standing need for digital transformation. These metrics solidify that industry leaders see value in our product, and we look forward to continuously building on this momentum in the second half of the year.”
Trux has forged several partnerships this year as well to ensure its customers have well-rounded support for their toughest trucking problems.
Notably, Trux recently partnered with REIN, a leading enterprise insurtech platform, to provide greater accessibility of fleet insurance, a growing issue in the industry.
Amid a growing trucker shortage, Trux has been well poised to assist fleet owners, drivers, and construction leaders in optimizing their existing assets and processes. Trux has seen particular growth in their Florida market this year and consistently high performance in Virginia, Tennessee and Alabama. As a backlog of construction projects from the pandemic come to fruition and talks for the new Infrastructure Bill gain momentum, the construction industry needs logistics management tools that can support their users’ growth.
According to John Carney with Harness, LLC, “Our business is experiencing rapid growth. We’ve doubled our revenue in the past year and Trux has allowed us to manage more projects easily. The benefits of using Trux have had a domino effect for our business. We can manage 25 trucks quickly and remotely. This has helped us stay nimble and adapt over the course of a challenging year.” Another Trux customer, Tommy Cobb, a Project Manager with Pavecon, has leveraged Trux to “enable my team to shift their focus from finding trucking for our projects to finding new business opportunities. Project managers trust the Trux marketplace when we need more haulers and can stay focused on our main task – growing our division.”