Carrier payments platform TriumphPay, a division of TBK Bank SSB, announced Tuesday it had promoted Melissa Forman to president and Tim Valdez to chief operating officer.
Forman had served as senior vice president and chief strategy officer. Prior to joining TriumphPay as senior vice president and chief operations officer in 2019, she spent decades in logistics services and over seven years in developing fintech services for...
By Tim Valdez, senior vice president, factor leader at TriumphPay
The trucking industry is moving at a pace faster than most could have imagined a little over a decade ago. This has given way to an arms race of sorts, as companies push for the latest in FreightTech to gain an advantage in the ever-changing market.
The competitive nature of this industry has greatly compressed margins. Factors wanting a competitive edge are looking internally at the back office to maximize efficiency, but playing...
https://www.freightwaves.com/news/4-reasons-why-factors-turn-to-triumphpay