Factoring

BasicBlock has acquired TrueNorth in a move signaling a significant expansion of services for independent carriers.

Freight market helped Triumph in 2Q, but it was not the sole driver.

Triumph Financial’s latest quarterly report had a somewhat different focus than in previous reports.

A data-driven investigation into the risk retention groups insuring America’s most dangerous carriers, the factoring companies keeping them cash-flowing, and what happens to crash victims when the whole thing collapses.

You delivered the load. The BOL is signed. The POD is in. The job is done. And now you wait — 30 days, 45 days, sometimes longer — for a broker to release payment while your truck payment, your fuel bill, your insurance premium, and your driver’s paycheck are all due right now. That gap […]

Every load that moves across the American freight network generates a paper trail. Proof of delivery documents. Bills of lading. Rate confirmations, accessorial charges, invoices – the list is endless. By the time a single shipment reaches its destination, carriers and brokers are managing a half-dozen or more documents, and each one needs to be […]

Triumph Financial is making slow but steady progress in its Factoring as a Service offering.

With its end-2025 acquisition trifecta that brought it three factoring companies all at once, Love’s Travel Stops is likely to look for more this year to grow its factoring activities within its Love’s Financial Services division. Love’s announced the acquisition of three factoring companies–TBS Factoring Service, Saint John Capital and Financial Carrier Services–just before Christmas. […]

Love’s is adding to its factoring business with the acquisition of three companies.

Factoring companies face payment delays in a weak freight market, impacting carriers’ margins.

Discover why owner operator capacity remains strong, as revealed by Triumph’s latest insights.

H5 transport, a North Dakota-based truckload and LTL carrier, has filed for bankruptcy protection under chapter 11 of the Federal Bankruptcy Code. It continues to operate, according to the court documents filed with the U.S. Bankruptcy Court for North Dakota. According to the company’s data available through the Federal Motor Carrier Safety Administration, H5 is […]

Improved auditing reduced write-offs to below 1%.

Triumph Financial wrapped up a quarter where lots happened with the company beyond its bottom line.

DAT and OTR, one-time partners involved in a lawsuit over factoring, have settled a legal dispute.

DAT is positioning itself not just as a load board, but as the freight industry’s central exchange through its acquisition of factoring and fintech provider Outgo.

Even in the midst of a sharp drop in his company’s stock price and a freight market that is not supporting the bottom line at Triumph Financial, CEO Aaron Graft touted milestones reached and signaled a new aggressiveness in pricing the company’s products. In his quarterly letter to investors released in conjunction with the company’s […]

Love’s Travel Stops built a new travel center in California even as diesel was targeted for phase-out; now that’s not an issue.

As Outgo continues to innovate, carriers can look forward to an all-in-one financial platform that truly meets the demands of modern logistics.

In 2023, Mexico surpassed Canada to become the largest U.S. trading partner.