Trax Technologies (Trax), the global leader in Transportation Spend Management (TSM) solutions, announced the appointment of Blake Tablak as CEO. Tablak succeeds Hampton Wall, who will transition to the role of special advisor.

Tablak brings a proven track record of navigating complex market dynamics in enterprise software and leading businesses as they scale. In his most recent role at ProcessMAP, Tablak redefined the strategy and focus and led the company through a successful acquisition by Ideagen. He previously held global leadership positions at Udacity, Workiva, and Topia, where he was responsible for driving innovative go-to-market strategies to accelerate sales.

“I look forward to leading and accelerating the growth of this incredible organization,” said Tablak. “Trax is a global leader in helping customers unlock valuable freight audit and payment data insights to optimize costs and ensure compliance. The talented team here at Trax is adept at driving innovation, capitalizing on emerging opportunities, and delivering outstanding value to our customers, strategic partners, and stakeholders.”

“Blake has the perfect background and skill set to lead Trax through its next stage of growth,” said Sean White, Trax Board Member. “Trax’s software is mission-critical to our customers as supply chains become increasingly complex, and we feel Blake is attuned to our customers’ needs.”

“Blake is a proven executive with a track record of growing cloud-based software companies at scale. His appointment will continue to elevate Trax’s position as a market leader in Transportation Spend Management solutions,” said Bob Morse, Trax Board Member. “Blake's vision is to deliver an increasingly valuable suite of logistics products to Trax’s customers, arming them with the tools to identify trends, make strategic cost decisions, and better manage their entire supply chain ecosystem.”

“The Board of Directors and the entire Trax executive team extend their heartfelt appreciation to Hampton Wall for his invaluable contributions to the company's success and his efforts establishing the strategic investment by Triumph Bank,” said Dave Dawson, Trax Board Member.

This news follows the announcement that Trax will leverage the TriumphPay payments network to deliver fraud protection, automated payments, and funds security for transportation payments. TriumphPay is the premier payments network for freight brokers, factors, shippers, and carriers in the North America trucking industry.