Triumph Business Capital

Covenant sells its factoring arm to Triumph

Covenant is getting out of the factoring business.

The assets of Transportation Financial Solutions (TFS), the factoring arm of Covenant Logistics Group, are being sold to one of the biggest factoring companies, Triumph Business Capital. 

“In short, we have decided to exit the factoring space,” David Parker, chairman and CEO of the truckload carrier, said in a note to its clients. “Fortunately, we know that we have selected a strong partner in Triumph, a company whose reputation of integrity and...

https://www.freightwaves.com/news/covenant-sells-its-factoring-arm-to-triumph

Trucker Path partners with Motel 6 to offer 12% discount to drivers during COVID-19 pandemic

Motel 6 is partnering with Trucker Path to offer a discount on room rates as a way to say thank you to truck drivers hauling essential goods during the coronavirus pandemic.

Motel 6 is offering a 12% discount to truck drivers who book a room at one of its 1,400 hotels through the Trucker Path app.

“At Motel 6, we are committed to leaving the light on for drivers who are bravely continuing on their routes, bringing much needed medical supplies, food and goods to communities across the U.S.,” said...

https://s29755.pcdn.co/news/trucker-path-partners-with-motel-6-to-offer-12%-discount-to-drivers-during-covid-19-pandemic

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