Triumph Financial is making slow but steady progress in its Factoring as a Service offering.
Triumph Financial’s earnings had numerous points that showed a strengthening freight market.
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 […]
Trimble’s Freight Marketplace, touted recently by its CEO on an earnings call, signed up its first big shipper.
Flexport is selling the Convy tech stack to DAT, less than two years after it bought it from the defunct digital brokerage.
The State of Freight for July looked at what a few key SONAR indices are saying about the market.
Triumph Financial wrapped up a quarter where lots happened with the company beyond its bottom line.
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 […]
Kal Freight is likely to be going out of business, but just how that will happen is a subject of dispute in bankruptcy court.
Trucking-focused bank Triumph Financial had a solid EBITDA performance at its Payments unit, but a lower bottom line.
TriumphPay is in the middle of a rollout of LoadPay, a payment tool aimed at owner-operators.
The TriumphPay payments network turned in a positive EBITDA performance in Q3, a key benchmark for the company.
Triumph Financial is sticking to its long-term goal of growing TriumphPay Network market share even as earnings sag.
Triumph Financial CEO Aaron Graft talked future opportunities as growth engine TriumphPay flipped to negative EBITDA in the first quarter.
Here are four innovative companies FreightWaves was introduced to at the Mid-America Trucking Show in Louisville, Kentucky.
Kimberly Fisk, the new COO of Triumph’s factoring group, sat down for an interview with FreightWaves as she begins the job.
Investment bank Piper Sandler cut its rating on trucking-focused bank Triumph Financial even as it offered praise for the company’s strategy.
TriumphPay came in at positive EBITDA in the fourth quarter, a full year ahead of schedule.
Triumph Financial’s earnings saw a tighter EBITDA loss at TriumphPay and a largely flat average invoice price in its transportation factoring business.
TriumphPay dealt with the same weak conditions as other trucking-focused companies in the second quarter, but one key measure was stronger.
Triumph Financial hit a significant milestone in the business it built from the acquisition of HubTran, but TriumphPay’s EBITDA worsened.
Triumph Financial’s shares are cut to a sell level at Wells Fargo on a still lengthy wait for a payoff at TriumphPay.
