C.H. Robinson introduced an innovative, industry leading suite of financial solutions to revolutionize payment speed for carriers.
In collaboration with Triumph Financial – carriers now have access to a first-of-its-kind factoring solution and access to a digital bank account which allows carriers to receive payments on approved invoices within minutes – instead of the old industry standard of what took up to days or weeks.
Vice President of C.H. Robinson’s Digital Brokerage, Cody Griggs said: “We recognize that timely payments have long been a challenge for the carrier community, and we’re proud to introduce this new solution, setting a new standard of speed and efficiency unmatched by any other freight provider.”
She added: “Along with Triumph’s proven expertise in delivering innovative payment and financial solutions, this digital advancement is poised to be a game changer for the trucking industry. It marks a significant leap forward in fostering financial stability and streamlining operations for carriers.”
Erik Bahr, chief revenue officer at Triumph Financial. “This collaboration empowers C.H. Robinson to provide their carriers with an unmatched experience, further strengthening their industry leadership.”
The impact of this innovation for carriers has been highlighted for carriers.
- The Trucker: Streamlining logistics: CH Robinson introduces new tech for carrier payments
- Heavy Duty Trucking: New C.H. Robinson Financial Promises Faster Cash for Carriers - Fleet Management - Trucking Info
- Fleet News Daily: C.H. Robinson Revolutionizing Carrier Payments with New Tech
- American Journal of Transportation: C.H. Robinson launches ‘C.H. Robinson Financial’ a suite of rapid cash flow solutions
- Fleet Owner: CH Robinson launches digital payment solution
For more information visit: C.H. Robinson Financial Solutions