Startups
TransRisk, powered by FreightWaves, is founded and managed by a highly experienced team of trucking industry, trading exchange, and regulatory executives to address one of the most significant problems in the $726B trucking and logistics industry today - price transparency and discovery.
TransRisk is creating products to help industry participants efficiently manage price risks in the North American freight transportation market, including the launch of the first regulated US trucking futures contracts developed to hedge trucking rate volatility. Using a rate assessment index for settlement, TransRisk will provide trucking, logistics and financial industry participants a transformative new way to protect against price volatility on major U.S. trucking routes using standardized trucking futures contracts.
Our executive team has collectively managed over $60B in trucking logistics and deeply understands the significant market volatility challenges within this space. That experience, coupled with a cross-pollination of capital markets and regulatory executives, has allowed us to develop a game changing solution that solves for an untapped, highly addressable, and enormous market opportunity.
TransRisk is creating products to help industry participants efficiently manage price risks in the North American freight transportation market, including the launch of the first regulated US trucking futures contracts developed to hedge trucking rate volatility. Using a rate assessment index for settlement, TransRisk will provide trucking, logistics and financial industry participants a transformative new way to protect against price volatility on major U.S. trucking routes using standardized trucking futures contracts.
Our executive team has collectively managed over $60B in trucking logistics and deeply understands the significant market volatility challenges within this space. That experience, coupled with a cross-pollination of capital markets and regulatory executives, has allowed us to develop a game changing solution that solves for an untapped, highly addressable, and enormous market opportunity.
Overview
Location
United States, Tennessee, Chattanooga
Employees
11-50
Founded date
2016
FAQ about TransVix
When was TransVix founded?
TransVix was founded in 2016.
Is TransVix still active?
TransVix is probably closed.