Morning Minute | May 19, 2025
In freight technology news, load board provider DAT announced its acquisition of payments platform Outgo last week. This strategic move aims to integrate the entire freight transaction process into the DAT One ecosystem, with a key benefit being that carriers can now potentially get paid much faster, sometimes within just 15 minutes. Outgo, founded in 2022 by former Uber and Convoy technologists, focused on bundling banking, factoring, and payment services, including a "fractional factoring" model giving carriers more control. This acquisition is seen as positioning DAT to become the…
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