payment solutions

Learn how to grow your freight brokerage while avoiding common pitfalls so you can scale your business successfully.

Growing big and bulky delivery provider Bungii wants to pay its drivers more quickly and conveniently.

San Francisco-based Loop wants to simplify logistics payments through a fundamentally different approach to technology.

Logistics fintech platform Axle Payments announced Thursday a rebranding to Denim after disclosing it has finished its $126 million Series B funding round.

Melissa Forman chats with Anne Reinke and Mark Baxa about how important it is for there to be communication across all platforms in order to create a more efficient payment process for carriers.

Chemicals and logistics experts discuss the impacts of using payments technology during FreightWaves’ Supply Chain Meets FinTech event.

“With TriumphPay handling payments for all stakeholders at each stage of the post-load payment journey in a secure and transparent fashion, carriers, brokers, factors and shippers will have more time to focus on other important business decisions,” said Melissa Forman, senior vice president and chief strategy officer at TriumphPay.

Companies rely on a wide variety of partners to handle their invoice auditing, including brokers and third-party freight pay companies. This approach can be risky, as these folks are not typically invoice audit experts, increasing the chance that inconsistencies and other issues will slip through the cracks.

Small and midsize factoring companies are able to achieve a competitive advantage, which many previously thought was impossible without millions of dollars of investment.

One of the more underserved segments in a decidedly underserved industry, LTL is getting a boost from Relay Payments.

“Combining our visibility technology with a sophisticated fintech product will allow companies to make their payments around real-time updates,” says the founder and CEO of Shifl.

The fintech company is tapping into a nationwide payments system infrastructure to get gig workers paid within seconds.

Melio’s monthly processing volumes increased 5,000% over the past 18 months as its customers turned toward its digital suite to maintain positive cash flow.

Square will acquire buy-now, pay-later firm Afterpay in a $29 billion stock transaction.

“Working with Transfix has to be an experience that’s better for carriers and it has to allow them to both make more money but in a way that is more sustainable for them,” says Transfix CFO.

Earlier this month, RoadSync announced it has partnered with the truck stop and service center network AMBEST to help get trucks serviced and back on the road faster.

First-quarter revenue results were aligned with FLEETCOR’s expectations, but at $609 million, they fell 8% short of first-quarter 2020 results.

In the past year, digital financial technology quickly went from “nice to have” to an integral element of how business is conducted.

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.

Business payments company FLEETCOR Technologies Inc. reported EPS 19 cents above estimates for the fourth quarter.

“It’s pretty attractive compared to factoring as an alternative,” said Wolfe. “There’s no chargebacks.

FreightWaves and TriumphPay will be partnering to host an hour-long webinar on Tuesday, March 10 at 2pm EST. If you’re a broker or 3PL, you won’t want to miss this session. Find out exactly what your carriers are trying to tell you about how and when they want to be paid.

“In some cases, a broker’s payment policy is more important than the rate it pays the carrier,” said Jason Kirkpatrick.

US Bank reports declines in freight payment transactions during the fourth quarter. The report signals an improvement on the horizon as truck capacity declines.

Technological change is requiring a fresh vision to help manage trucking operations. Here are three opportunities to take advantage of now.

Fleetcor modestly raises earnings guidance and says the acquisition pipeline has a couple of likely deals in the fuel, corporate payments and lodging segments.

WEX, Inc. (NYSE: WEX), a multi-channel provider of corporate payment solutions, reported earnings of $1.72 per share, down 9 percent year-over-year, but $0.03 per share higher than the consensus estimate. […]

In partnership with Reliance Partners …Payment solutions have evolved over time, from being cash-based in the 1950s to now using data analytics and AI over data streams coming out of fuel cards, to provide better safety and security to fleets and drivers.