DAT

DAT acquires Outgo, enters race to become dominant freight exchange platform

DAT Freight & Analytics acquired factoring and fintech provider Outgo on Thursday, bringing modern payment infrastructure into the DAT One ecosystem and redefining how freight carriers book and get paid for loads. Terms of the deal were not disclosed.

DAT isn’t merely expanding its portfolio; it’s restructuring how transactions flow through the freight marketplace. The logistics world has historically dealt with payment delays that could stretch for weeks. With Outgo’s technology now embedded in...

https://www.freightwaves.com/news/dat-acquires-outgo-enters-race-to-become-dominant-freight-exchange-platform

Truckers deal with fallout after fraudsters steal DOT numbers

Owner-operators Toni and Chris Murphy of New Egypt, New Jersey, said it’s been hard to fight back against an invisible tech-savvy fraudster who stole their trucking company’s identity, posted loads using their Department of Transportation number, collected payment for those loads, then disappeared, leaving the Murphys to deal with the fallout.

The couple own Murphy’s Trucking and got their operating authority in March 2021.

“It might sound strange but I’m grateful to the driver who reported us to...

https://www.freightwaves.com/news/truckers-deal-with-fallout-after-fraudsters-steal-dot-numbers

Surge Transportation sought buyer prior to filing for bankruptcy

After experiencing two years of record growth during the COVID-19 pandemic, Jacksonville, Florida-based Surge Transportation, a digital freight brokerage, sought to find a buyer and slashed its rates and workforce nearly a year before it filed for Chapter 11 bankruptcy protection on Monday.

“In the first half of 2022, demand for excess motor carrier capacity dramatically contracted. In an effort to maintain volume, [Surge] cut its rates,” according to court filings. “While lower rates resulted...

https://www.freightwaves.com/news/surge-transportation-sought-buyer-prior-to-filing-for-bankruptcy

Commentary: Why we didn’t cover the DAT/C.H. Robinson deal

This week, a number of people have pointed out that we did not cover the DAT/C.H. Robinson partnership and suggested that not covering a press announcement between two companies was showing bias.

It is the first time we’ve ever created controversy for a story that we didn’t cover. But I also understand it’s a reflection of our role in the industry.

First off, FreightWaves competes with DAT. In reality, they are the only firm that we consider a real competitor to our SONAR platform. They are...

https://www.freightwaves.com/news/commentary-why-we-didnt-cover-the-dat-c-h-robinson-deal

AscendTMS embeds DAT’s RateView into TMS

Users of InMotion Global’s AscendTMS transportation management system can now access DAT’s RateView pricing tools within the TMS. RateView’s pricing tools will be available for any individual load or lane within the free TMS platform.

“Industry professionals simply cannot afford to leave money on the table when negotiating either spot rates or contract rates,” said Tim Higham, president and CEO of AscendTMS. “DAT’s powerful RateView pricing tools are proven, accurate and instill immense...

https://s29755.pcdn.co/news/ascendtms-embeds-dats-rateview-into-tms