Freight Brokers news and trends

Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
Payments Innovation // June 10, 2024

For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he was in law school, he told Karen Webster, “I didn’t know what factoring was. Trucks...

Push-to-Debit Paves Road to Better B2B Payments for Trucking and Logistics
B2B Payments // November 14, 2023

Robin Gregg, CEO of RoadSync, told PYMNTS that transacting across supply chains and logistics remains a bumpy road at best. “In many ways,” she said, “B2B payments have fallen behind consumer payments … old-school payment forms are not fast, they’re not efficient, and they also...

Interviews & Exclusives
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments

June 10, 2024
For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap. A decade ago, when he was in law school, he told Karen Webster, “I didn’t know what factoring was. Trucks were just things I got stuck behind in traffic.” After […]

Push-to-Debit Paves Road to Better B2B Payments for Trucking and Logistics

November 14, 2023
Robin Gregg, CEO of RoadSync, told PYMNTS that transacting across supply chains and logistics remains a bumpy road at best. “In many ways,” she said, “B2B payments have fallen behind...

Quick Reads
Denim and Tai Software to Streamline Freight Broker Payments

September 16, 2024
Transportation management system Tai Software has launched a partnership with freight-factoring firm Denim. The “two-way digital integration,” announced Monday (Sept. 16), allows users to send important job information from Tai to Denim with a single click, with load details created as jobs within Denim’s portal to eliminate duplicative data entry. In return, Denim updates payment status and dates within Tai’s […]