Frustrated with the complexities of shipping physical coal by rail and discouraged by the opaque market, Commtrex was founded in 2015 by Martin Lew, a former commodities originator at JP Morgan. Commtrex is the #1 online marketplace that connects rail shippers with asset owners and service providers while providing data-driven information and rail insights to aid in decision-making. Traditional rail industry problems, such as minimal transparency into railcar availability/storage, the lack of benchmark pricing indexes, and the difficulty of connecting with rail professionals, now have a solution. Commtrex is actively contributing to the paradigm shift that will shape one of the most integral sectors of the overall economy and way of life.
Commtrex is based in Houston, TX -- a primary hub for energy and the shipment of commodities & freight in North America. Shippers are at the core of the membership base, composing over 60% of the Commtrex community. Commtrex believes that rail should not be a difficult process that takes an extensive amount of time to manage, and the company's focus is on maintaining an Exchange that connects and informs. With the creation of marketplaces, data insights, resources, and community, Commtrex is excited to be simplifying the process of rail shipping for everyone.
Commtrex is honored to represent the rail industry in the Plug and Play Supply Chain & Logistics 12-week Supply Chain Innovation program. More than 500 candidate startups applied, & Commtrex is one of only 22 selected by Anchor Corporate Partners.
Commtrex is honored to be recognized as 'Most Promising Company' at the 2018 Texas Digital Summit hosted by the Rice Alliance for Technology & Entrepreneurship and Station Houston at Jones Graduate School of Business, Rice University.