It may not seem or read like it, but the trucking market is slowly tightening. The question is how much time till it is noticeable? The post How long will the capacity correction take? appeared first on FreightWaves.
Triumph Financial’s earnings saw a tighter EBITDA loss at TriumphPay and a largely flat average invoice price in its transportation factoring business. The post TriumphPay’s EBITDA loss narrows, volume increases, factoring invoices stay flat appeared first on FreightWaves.
Industry could see more freight brokerage closures amid a changing financial climate. The post Freight brokerage bubble bursting as freight markets face long winter appeared first on FreightWaves.
Transfix has closed a $40 million Series F funding round during “one of the most challenging markets in freight history,” company officials said. The post Freight marketplace Transfix secures $40M funding round appeared first on FreightWaves.