Triumph Financial’s earnings saw a tighter EBITDA loss at TriumphPay and a largely flat average invoice price in its transportation factoring business.
Triumph Financial’s shares are cut to a sell level at Wells Fargo on a still lengthy wait for a payoff at TriumphPay.
Triumph Bancorp CEO Graft revealed the numbers on the new factoring and brokerage companies that have signed up to the processing platform whose capabilities were bolstered earlier this year with the acquisition of HubTran.
We are excited to build out products that free documents and data from legacy workflows and manual processes.
Several customers have gone live with BravoTran’s technology, including Yusen Logistics and Mitsubishi Logistics of America.
With two significant acquisitions in the last year, the major force in factoring embarks on a new path.
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 differences.
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.
One interesting aspect of the report by B Riley: Could TriumphPay and Triumph Capital be headed in different directions?
TriumphPay is acquiring HubTran to integrate machine-learning capabilities for a fully integrated payments network for its customers.
HubTran boasts over 1 billion processed documents, 99% accuracy and $50 million saved.
The industry’s brightest minds displayed their cutting-edge solutions in 7 minutes or less.
Today’s fast-paced freight environment allows no time for back-office glitches. Shippers expect your brokerage to efficiently handle volumes of any size — a challenge only a proven automation solution can tackle.
Companies present their latest offerings in rapid-fire demos.
HubTran will now process and audit incoming documents from carriers and automatically assign them to the correct load in Brokerware.
Matthew Waller will receive the Distinguished Service Award during EDGE 2020 Live!
Documents will now be automatically scanned, categorized, grouped, and audited by HubTran, before being assigned to the correct load on the FMS platform.
The Containerization & Intermodal Institute, EROAD and Great Lakes Dredge & Dock announce board appointments.
HubTran in vanguard of digital push to streamline back-office processes.
Digitalization has taken hold across every aspect of the trucking industry, from the back office and receiving dock, to the drivers, trucks and trailers, making it difficult for carrier and […]
Charley Dehoney has written about the growth of digital freight brokerages and what they bring to the market and the industry.
Truckers, fleet managers, and brokers face any number of regulatory tasks, load optimization and business decisions every single day. Add to that the decision on which technology, software or service […]
Several companies focused on using technology to make the process of moving freight more efficient showcased their products during the last round of Rapid-Fire Demos at Transparency19.
The platform uses OCR and machine learning to streamline carrier payables.
