Vertrax Revenue and Competitors

Vertrax, www.vertrax.com, headquartered in North Haven CT, was founded in 2002. The Company was started to provide route optimization solutions for the residential propane and heating oil industry. Today, Vertrax provides complete cloud-based Mobile Logistics solutions - specifically developed for the wider bulk liquid energy trucking transportation market, namely: 1. retail propane and fuel oil - bulk trucking transport to residential, commercial, industrial, and agricultural customers - product name is SmartDrops. 2. oil & gas field - bulk trucking transport of crude oil, NGLs, water and sand - to and from oil fields (i.e. the shales: e.g. TX, OK, PA, ND, CA, Canada, etc.) to pipelines, rail terminals, holding tanks and reclamation facilities - product name is Welltrax. 3. general energy commercial transport - bulk transport of refined fuels such as gasoline and jet fuel, industrial gases and chemicals - to and from multiple depots, commercial customers and refill points - an expansion of Welltrax. Vertrax markets its Mobile Logistics solutions directly in the US and through partnerships in Canada and (soon to be) Mexico. Think of Vertrax as the technology behind the "UPS of propane / heating oil and crude oil delivery.