We give a fast algorithm for solving min-cost $k$-commodity flow. The basic idea is to construct an auxiliary linear program that has low rank and whose minimum value is at most $1/k$ times the minimum value of the original problem (thus, solving this auxiliary linear program will make at least $1/k$ fraction of progress in the original problem). Low-rank linear programs can be solved quickly using black-box techniques. Thus, our algorithm runs in time $\tilde{O}(\operatorname{poly}(k)(n^{2.5}+m\sqrt{n}))$ on a directed graph with $n$ vertices and $m$ edges. We do not rely on any fast matrix multiplication.

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