Factoring
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Trucking
A transformed Triumph Bancorp talks its hot market and future in call with analysts
With two significant acquisitions in the last year, the major force in factoring embarks on a new path.
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Company earnings
A bigger Triumph reports a minuscule level of charge-offs for Q2
The report is for a company that is about to undergo yet another change, with HubTran now in the fold.
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FreightWaves LIVE
Small Fleet Summit: Financing owner-operators’ day-to-day operations with factoring
Factoring is one of the most important sources of liquidity for small fleets and independents, and it’s undergoing significant consolidation.
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Logistics
BravoTran spins off from HubTran, sets sights on freight forwarding efficiencies
The new company already has 10 clients, as it takes the HubTran platform and steers it toward a market that is similar but with key…
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Drilling Deep Podcast
Drilling Deep: What invoices tell us about the first quarter in freight
Also on the podcast: the flat market in diesel of the past few weeks may be disappearing.
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Trucking
Fragmented factoring business may soon shift toward larger players
As TriumphPay gets set to bring in HubTran, a business with lots of companies may become one with far fewer firms.
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Company earnings
Major trucking lender Triumph’s earnings reflect robust market
The bank’s book of business grew at a pace that far exceeded the additional business that came with its acquisition of Covenant’s factoring operation
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Drilling Deep Podcast
Drilling Deep: The scattered factoring business might become a lot more unified
Also on this week's podcast: Conflicting info about the US oil upstream that might actually be in sync.
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News
HubTran embraces Triumph Pay acquisition, introduces Lights-Out Processing
WHAT THE TRUCK?!? welcomes HubTran’s Josh Asbury to the show. The crew dives into the acquisition with TriumphPay and discusses HubTran’s Lights-Out Processing platform.
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Technology
HubTran is final piece for TriumphPay in buildout of a transportation payments network
TriumphPay is acquiring HubTran to integrate machine-learning capabilities for a fully integrated payments network for its customers.
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