RXO Offers Factoring and LoadPay to Carriers Through Expanded Relationship with Triumph
RXO (NYSE: RXO) and Triumph (NASDAQ: TFIN) have expanded their partnership to launch RXO Extra | Factoring, offering enhanced financial services to carriers. The new offering includes Factoring as a Service鈩� and 尝辞补诲笔补测鈩�, Triumph's digital banking solution.
The service provides carriers with 24/7 access to seamless factoring and fast payments, including same-day payments on approved invoices. This offering is available to all carriers, even those not hauling for RXO, as part of the RXO Extra鈩� loyalty program, which offers additional benefits like discounts on fuel, maintenance, tires, and retail.
RXO (NYSE: RXO) e Triumph (NASDAQ: TFIN) hanno ampliato la loro collaborazione lanciando RXO Extra | Factoring, un servizio finanziario potenziato dedicato ai vettori. La nuova offerta comprende Factoring as a Service鈩� e 尝辞补诲笔补测鈩�, la soluzione bancaria digitale di Triumph.
Il servizio garantisce ai vettori un accesso 24/7 a un factoring fluido e pagamenti rapidi, inclusi pagamenti nello stesso giorno per le fatture approvate. Questa offerta 猫 disponibile per tutti i vettori, anche quelli che non lavorano con RXO, nell'ambito del programma fedelt脿 RXO Extra鈩�, che offre ulteriori vantaggi come sconti su carburante, manutenzione, pneumatici e prodotti al dettaglio.
RXO (NYSE: RXO) y Triumph (NASDAQ: TFIN) han ampliado su asociaci贸n para lanzar RXO Extra | Factoring, ofreciendo servicios financieros mejorados a los transportistas. La nueva oferta incluye Factoring as a Service鈩� y 尝辞补诲笔补测鈩�, la soluci贸n bancaria digital de Triumph.
El servicio proporciona a los transportistas acceso 24/7 a factoring sin interrupciones y pagos r谩pidos, incluidos pagos el mismo d铆a para facturas aprobadas. Esta oferta est谩 disponible para todos los transportistas, incluso para aquellos que no trabajan con RXO, como parte del programa de fidelidad RXO Extra鈩�, que ofrece beneficios adicionales como descuentos en combustible, mantenimiento, neum谩ticos y productos minoristas.
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鞚� 靹滊箘鞀る姅 鞖挫啞鞐呾泊鞐愱矊 鞀轨澑霅� 靻§灔鞐� 雽�頃� 雼轨澕 歆�旮夓潉 韽暔頃� 鞗愴櫆頃� 韺╉啝毵侁臣 牍犽ジ 瓴办牅毳� 24鞁滉皠 365鞚� 鞚挫毄頃� 靾� 鞛堧弰搿� 頃╇媹雼�. 鞚� 靹滊箘鞀る姅 RXO鞕赌 瓿勳暯頃橃 鞎婌潃 鞖挫啞鞐呾泊霃� 鞚挫毄頃� 靾� 鞛堨溂氅�, 鞐半, 鞙犾氤挫垬, 韮�鞚挫柎 氚� 靻岆Г 頃犾澑 霌� 於旉皜 順滍儩鞚� 鞝滉车頃橂姅 RXO Extra鈩� 搿滌棿韹� 頂勲攴鸽灗鞚� 鞚柬櫂鞛呺媹雼�.
RXO (NYSE : RXO) et Triumph (NASDAQ : TFIN) ont 茅tendu leur partenariat pour lancer RXO Extra | Factoring, offrant des services financiers am茅lior茅s aux transporteurs. La nouvelle offre inclut Factoring as a Service鈩� et 尝辞补诲笔补测鈩�, la solution bancaire num茅rique de Triumph.
Le service offre aux transporteurs un acc猫s 24h/24 et 7j/7 脿 un affacturage fluide et 脿 des paiements rapides, y compris des paiements le jour m锚me pour les factures approuv茅es. Cette offre est disponible pour tous les transporteurs, m锚me ceux ne travaillant pas avec RXO, dans le cadre du programme de fid茅lit茅 RXO Extra鈩�, qui propose des avantages suppl茅mentaires tels que des r茅ductions sur le carburant, l'entretien, les pneus et la vente au d茅tail.
RXO (NYSE: RXO) und Triumph (NASDAQ: TFIN) haben ihre Partnerschaft erweitert und RXO Extra | Factoring eingef眉hrt, das verbesserte Finanzdienstleistungen f眉r Spediteure bietet. Das neue Angebot umfasst Factoring as a Service鈩� und 尝辞补诲笔补测鈩�, Triumphs digitale Bankl枚sung.
Der Service erm枚glicht Spediteuren 24/7 Zugang zu nahtlosem Factoring und schnellen Zahlungen, einschlie脽lich Zahlungen am selben Tag f眉r genehmigte Rechnungen. Dieses Angebot steht allen Spediteuren offen, auch denen, die nicht f眉r RXO fahren, als Teil des RXO Extra鈩�-Treueprogramms, das zus盲tzliche Vorteile wie Rabatte auf Kraftstoff, Wartung, Reifen und Einzelhandel bietet.
- Partnership expands financial services accessibility for carriers with 24/7 availability
- Same-day payments available on approved invoices
- Service available to all carriers, not just RXO partners
- Integration with existing RXO Extra loyalty program offering additional benefits
- None.
Insights
Triumph expands revenue opportunities through RXO partnership, offering factoring and payment solutions to carriers beyond RXO's network.
Triumph Financial (TFIN) has strategically expanded its partnership with transportation solutions provider RXO to offer factoring and digital payment services to carriers. The newly launched "RXO Extra | Factoring" leverages Triumph's Factoring as a Service鈩� and 尝辞补诲笔补测鈩� technologies, creating multiple revenue streams for Triumph while strengthening RXO's carrier relationships.
The white-labeled solution provides carriers with critical liquidity through same-day payments on approved invoices, available 24/7 including weekends and holidays. Notably, these services extend beyond RXO's direct carrier network to the broader transportation market, significantly expanding Triumph's potential customer base.
This partnership exemplifies Triumph's embedded finance strategy within the transportation sector, positioning its technology as essential infrastructure between brokers and carriers. By powering RXO's loyalty program with financial tools, Triumph creates stickiness for both RXO's carrier relationships and its own payment processing services.
For Triumph investors, this expanded relationship with a
DALLAS and CHARLOTTE, N.C., July 10, 2025 (GLOBE NEWSWIRE) -- RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, and Triumph (Nasdaq: TFIN), a financial and technology company focused on payments, factoring, intelligence and banking solutions for the transportation industry, today announced the expansion of their relationship to deliver new financial tools and services to carriers.
RXO has launched RXO Extra | Factoring, a Triumph-powered offering that includes Factoring as a Service鈩� and 尝辞补诲笔补测鈩�, Triumph鈥檚 digital banking solution for carriers. The services provide carriers, even those that don鈥檛 haul for RXO, with access to seamless factoring and fast, reliable payments, including same-day payments, on approved invoices. They are available 24 hours a day, seven days a week, including weekends and holidays.
鈥淥ur expanded relationship with Triumph is enabling us to provide carriers with even more ways to improve their efficiency and profitability,鈥� said Lou Amo, president of RXO鈥檚 truck brokerage business. 鈥淩XO Extra | Factoring allows carriers to get paid by RXO and other freight providers more quickly and easily.鈥�
Factoring as a Service (FaaS) is a white-labeled solution powered by the Triumph Network that enables brokers to offer branded factoring and payment services directly to carriers. It combines Triumph鈥檚 funding and technology infrastructure to help brokers improve carrier cash flow and strengthen relationships. LoadPay is Triumph鈥檚 purpose-built digital bank account for carriers, allowing payments to be received in minutes on approved invoices. RXO currently uses Triumph鈥檚 audit and payment capabilities.
RXO Extra | Factoring is part of RXO Extra鈩�, a loyalty program and discount marketplace for carriers. By hauling loads through RXO Connect庐, carriers rise through loyalty tiers to earn more savings and bonuses on loads. In addition, through industry partnerships, RXO Extra offers carriers discounts on fuel, maintenance and tires, retail, and more.
鈥淩XO continues to demonstrate its commitment to the carrier community by delivering tools that simplify operations and improve cash flow,鈥� said Aaron P. Graft, founder and chief executive officer of Triumph Financial. 鈥淲e鈥檙e proud to expand our work with RXO and help carriers across their network transact confidently.鈥�
Carriers can learn more about RXO Extra | Factoring by visiting .
About Triumph
Triumph (Nasdaq: TFIN) is a financial and technology company focused on payments, factoring, intelligence and banking to modernize and simplify freight transactions. Headquartered in Dallas, Texas, its portfolio of brands includes Triumph, TBK Bank and LoadPay.
About RXO
RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across North America. The company is headquartered in Charlotte, N.C.
About LoadPay
LoadPay is a modern digital banking solution built for the freight industry. Designed to help carriers better manage their cash flow, LoadPay offers fast and flexible access to funds, along with tools specifically tailored to meet the demands of transportation businesses. LoadPay is a product of TBK Bank, SSB d/b/a Triumph, a financial and technology company focused on modernizing and simplifying freight transactions.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. Investors are cautioned that such statements are predictions and that actual events or results may differ materially. Triumph Financial鈥檚 expected financial results or other plans are subject to a number of risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" and the forward-looking statement disclosure contained in the Company's Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 11, 2025. Forward-looking statements speak only as of the date made, and Triumph Financial undertakes no duty to update the information.
Source: Triumph
Triumph Investor Contact
Luke Wyse, [email protected]
Triumph Media Contact
Amanda Tavackoli, [email protected]
RXO Media Contact
Nina Reinhardt, [email protected]
RXO Investor Contact
Kevin Sterling, [email protected]
FAQ
What new services are included in RXO's partnership with Triumph Financial (NASDAQ: TFIN)?
How quickly can carriers receive payments through RXO Extra | Factoring?
Do carriers need to haul for RXO to use the new factoring service?
What additional benefits does RXO Extra offer to carriers?
How can carriers access RXO Extra | Factoring services?
