Dallas-based Triumph Bancorp’s second-quarter earnings report reflected that the bank — a leading supplier of funds to the trucking industry through factoring — sees “a long runway of growth on the horizon” despite some uncertainties in the near term.
“While there is definitely softening on dry van lanes that are most closely associated with consumer demand, we are not seeing changes in tonnage or volumes on flatbed, refrigerated units or nonconsumer dry van lanes,” Aaron P. Graft, Triumph’s...
https://www.freightwaves.com/news/triumph-bancorp-keeps-growing-its-triumphpay-ecosystem-during-q2