DALLAS, July 08, 2020 (GLOBE NEWSWIRE) -- Triumph Bancorp, Inc. (Nasdaq: TBK) (the “Company”) announced today the close of the acquisition of the transportation factoring assets of Transport Financial ...
Cash flow can make or break a trucking business. Freight factoring has emerged as a financial lifeline for carriers of all sizes, offering a way to turn invoices into immediate working capital. By ...
[Stay on top of transportation news: Get TTNews in your inbox.] Freight factoring is on the upswing this year as traditional banks apply stringent lending standards and truckers who are most likely to ...
Covenant Logistics Group, Inc. is selling its factoring business for $132.2 million to help cut the overall debt for the Chattanooga-based trucking giant. The deal announced Wednesday is expected to ...
Express Freight Finance, an independent factoring company specializing in transportation clients, has recently launched its freight-bill factoring services for truck fleets, owner-operators, and ...
Bibby Transportation Finance is turning to automation and artificial intelligence to speed up the process to pay truck drivers and fleets who factor their invoices to get cash up front. The freight ...
CHATTANOOGA, Tenn., July 08, 2020 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant”) today announced the sale of the transportation factoring assets of its Transport ...
Pegasus TransTech says it is seeing significant growth in the number of transportation factoring companies using its Transflo Express truck stop scanning and Transflo Velocity products to expedite ...
We speak with a number of logistics experts to capture their views on the overall impact that e-commerce is having on moving the nation’s freight. One thing is for certain: The… 2023 Parcel Express ...
DAT Freight & Analytics and OTR solutions reached a resolution to their legal conflict. OTR had filed a complaint against DAT after it acquired factoring competitor Outgo. Though the terms of the ...