RXO expands partnership with Triumph to offer factoring services

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RXO Offers Factoring and LoadPay to Carriers Through Expanded Relationship with Triumph

July 10, 2025 4:35 PM EDT

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 and LoadPay, Triumphs digital banking solution for carriers. The services provide carriers, even those... More