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Stock impact report

C.H. Robinson joins TriumphPay's payments platform [Yahoo! Finance]

ArcBest Corporation (ARCB) 
Last arcbest corporation earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: arcb.com/investor-relations
Company Research Source: Yahoo! Finance
The strategic partnership opens the menu of transportation finance solutions on the TriumphPay Network to C.H. Robinson's 450,000 contract carriers. “By joining forces, we have the ability to deliver financial payment offerings that streamline processes, improve efficiencies and foster growth with and for carriers,” stated Michael Castagnetto, president of North American surface transportation at C.H. Robinson, in a news release. “Together, we plan to unlock innovation that helps move the industry forward.” The TriumphPay Network provides freight payment solutions and factoring services to freight brokers, shippers and carriers, facilitating nearly $50 billion in broker transactions annually. It is a part of holding company Triumph Financial ( NASDAQ: TFIN The agreement will provide C.H. Robinson's customers payment tools to improve processing times, automate back-office functions and reduce fraud. “By joining the TriumphPay Network, C.H. Robinson will continue to deliver best Show less Read more
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