NYSE:TFINBanks
Triumph Financial Deepens Freight Ties While Tightening Factoring Margins
Triumph Financial (NYSE:TFIN) has expanded its payments network to include eight of the ten largest U.S. freight logistics firms.
The company recently added JB Hunt to its roster of logistics partners, broadening its reach in freight payments.
Alongside the network expansion, Triumph Financial is rolling out automation and workforce reductions in its factoring segment to support margin improvements.
These moves come as the trucking sector continues to face industry headwinds.
Triumph...