Knight-Swift Transportation And TriumphPay Bring Security And Speed To Carrier Payments
Portfolio Pulse from Happy Mohamed
Knight-Swift Transportation (NYSE:KNX) has joined TriumphPay's open payments network as a full audit and payments network participant. TriumphPay's network, which launched in January 2022, now includes over 30 of the top 50 U.S. brokers. TriumphPay processes or interacts with more than 20% of all brokered transactions in the U.S., touching over $37 billion in transportation.
August 22, 2023 | 12:37 pm
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POSITIVE IMPACT
Knight-Swift's partnership with TriumphPay could improve its technology and payment experience for carriers, potentially boosting its business.
Knight-Swift's partnership with TriumphPay could enhance its technology and payment experience for carriers, which could attract more business and potentially boost its stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TriumphPay's partnership with Knight-Swift could accelerate its ability to modernize the transportation industry with tech innovations for secure, timely payments.
TriumphPay's partnership with Knight-Swift could accelerate its tech innovations for secure, timely payments in the transportation industry, potentially boosting its business and stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80