DALLAS, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) today announced that it will transfer the listing and trading of its common (TFIN) and preferred stock (TFINP) to the New York Stock Exchange (“NYSE”) from the Nasdaq Stock Market (“Nasdaq”). The company will retain its common stock ticker, TFIN; however, investors should note that the company’s preferred stock ticker will change from “TFINP” to “TFIN PR” in keeping with NYSE symbology. Simultaneously with this move, the compan ...

Financial Data and Key Metrics Changes - The company reported a significant improvement in EBITDA margin, reaching approximately 14%, with expectations to exceed 40% in the long term [18][19] - Credit quality improved materially, with net charge-offs reported at less than one million dollars, indicating a strong quarter from a credit perspective [50][52] Business Line Data and Key Metrics Changes - The core transportation business experienced substantial revenue growth, with expectations for the intelligence segment to grow the fastest among the three transportation businesses [7][17] - The average annual contract value (ACV) for the GreenScreens acquisition increased from $37,000 to $80,000, reflecting strong customer engagement and integration efforts [15][45] Market Data and Key Metrics Changes - The company has captured nearly 70% of all freight transactions in the U.S., leveraging its extensive data network to enhance service offerings [16][46] - The factoring segment's average invoice size was influenced by market pressures and customer mix, with expectations for continued growth despite potential fluctuations [79][82] Company Strategy and Development Direction - The company emphasizes a value chain strategy, focusing on integrating data and services across its transportation businesses to enhance customer offerings [8][30] - The acquisition of GreenScreens is seen as a strategic move to bolster the intelligence segment, which is expected to grow rapidly due to its innovative data capabilities [12][45] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate competitive pressures and highlighted the importance of delivering value to customers [61][62] - The company aims to maintain flat expenses while growing revenue, ensuring a strong financial position amidst market challenges [112][114] Other Important Information - The company resolved a long-standing financial dispute with the United States Postal Service, which positively impacted financial results [6][7] - Investments in information security and infrastructure are prioritized to support business growth and protect against market risks [109][112] Q&A Session Summary Question: Early observations on the GreenScreens acquisition - Management noted that the integration is progressing well, with expectations for enhanced customer adoption and improved data models [11][12] Question: Expectations for EBITDA margin moving forward - Management anticipates continued improvement in EBITDA margin as revenues scale without proportional expense increases [19] Question: Average annual revenue impact from new accounts - Management indicated that while new accounts may dilute average revenue figures initially, mature accounts are generating significant revenue [27] Question: Competitive pushback from industry initiatives - Management acknowledged competitive pressures but emphasized that their offerings are driven by customer demand and are positioned to capture market share [30][35] Question: Timeline for breaking even on GreenScreens acquisition - Management expects to see a run rate of approximately $10 million in revenue from GreenScreens, with a focus on rapid growth in the intelligence segment [41][45] Question: Credit trends and expectations for provisions - Management confirmed that credit losses were typical for the quarter, with projections indicating a return to lower levels of credit loss expense [50][51] Question: Impact of DAT's acquisition on traditional factoring business - Management recognized DAT's move into the factoring space but remains confident in their competitive position within the market [60][62] Question: Growth in noninterest bearing deposits - Management detailed that over half of the growth in noninterest bearing deposits is attributed to mortgage warehouse deposits, with the remainder from payment float [96][97]

Financial Data and Key Metrics Changes - The core transportation business experienced significant revenue growth, with credit quality improving materially [6][17] - The EBITDA margin for the payment segment improved to approximately 14%, with expectations to exceed 40% in the long term [19][20] Business Line Data and Key Metrics Changes - The GreenScreens acquisition is expected to contribute approximately $10 million in contracted annual recurring revenue (ARR), with an increase in average contract value from $37,000 to $80,000 [12][15][46] - The factoring segment is anticipated to continue growing, although invoice sizes may fluctuate due to a mix of larger customers [84][88] Market Data and Key Metrics Changes - The company reported a significant increase in noninterest-bearing deposits, with over half attributed to mortgage warehouse deposit growth and the remainder from payment float growth [101] Company Strategy and Development Direction - The company aims to leverage its data and technology to enhance its intelligence offerings, which are expected to grow faster than other transportation-related businesses [17][50] - The strategy includes integrating acquired data into existing models to improve service offerings and customer engagement [12][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to monetize services and improve margins, emphasizing the importance of maintaining a strong credit quality [6][20] - The company is focused on delivering value to customers and expects to see continued growth in supply chain financing and other segments [94][96] Other Important Information - The resolution of the long-standing issue with the United States Postal Service has been viewed positively, reinforcing the company's commitment to delivering on promises [5][6] - Management highlighted the importance of investments in information security and infrastructure to support business growth and protect against risks [116][120] Q&A Session Summary Question: Early observations on the GreenScreens acquisition - Management noted that integration is underway, with expectations for improved customer engagement and increased average contract values [10][14][46] Question: Expectations for EBITDA margin moving forward - Management anticipates continued improvement in EBITDA margins as revenues scale without a proportional increase in expenses [19][20] Question: Average annual revenue impact from new accounts - The average revenue per account is expected to be around $700 or more, with new accounts initially diluting the average [26][28] Question: Competitive pushback from industry - Management acknowledged competition but emphasized that their offerings are driven by customer demand and are positioned to capture significant market share [30][36] Question: Timeline for breaking even on GreenScreens acquisition - Management indicated that they expect to grow the $10 million run rate faster than other transportation businesses, with a focus on leveraging Triumph's existing customer base [43][46] Question: Credit trends and charge-offs - Excluding impacts from USPS and acquired portfolios, charge-offs were less than $1 million, indicating strong credit performance [51][54] Question: Impact of DAT's acquisition on competition - Management recognized DAT's move into the factoring space but emphasized that competition is a natural part of the market [61][63] Question: Growth in net noninterest expense - Investments in shared services, particularly in information security, are aimed at supporting business growth and ensuring operational integrity [115][120]

Company Overview - Triumph's market capitalization was $1.5 billion as of July 11, 2025 [9] - The company's revenue for the trailing twelve months (TTM) ending June 30, 2025, was $419 million [9] - Net income to common shareholders for the same period was $10.4 million [9] - The U S freight and logistics industry represents a $990 billion market based on gross freight revenue from U S trucking on primary shipments [14] Factoring - Triumph is the 2 transportation factor in the U S [17] - The factoring portfolio turns 10.4x annually [17, 36] - The average discount rate for factoring is 1.37% [17, 33] - Triumph purchased $11 billion in transportation accounts receivable over the last 12 months [33] Payments & Intelligence - Triumph handles payments for 41 of the top 100 freight brokers [24, 44] - Triumph disburses over $155 million every day [24] - Triumph's Network Engagement touches over 63% of all brokered freight [44, 54] - Triumph Intelligence processes $70 billion in annual, verified freight transaction data [28, 54]

Table of Contents Commission File Number 001-36722 ___________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION TRIUMPH FINANCIAL, INC. Washington, D.C. 20549 ___________________________________________________________ FORM 10-Q ___________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTI ...

[Shareholder Letter & Q2 2025 Overview](index=1&type=section&id=Shareholder%20Letter) This section provides an overview of Q2 2025 financial performance, strategic initiatives, and the company's integrated value chain of transportation offerings [Q2 2025 Financial Highlights](index=1&type=section&id=Q2%202025%20Financial%20Highlights) For the second quarter of 2025, the company reported a net income of $3.6 million, or $0.15 per diluted share, significantly influenced by non-core items, primarily a substantial gain from a litigation settlement with the U.S. Postal Service (USPS) impacting pre-tax operating income by $12.36 million Q2 2025 Key Financials | Metric | Value | | :--- | :--- | | Net Income to Common Stockholders | $3.6 million | | Diluted EPS | $0.15 | Summary of Non-Core Items (Q2 2025) | Category | Description | $ Impact | | :--- | :--- | :--- | | **USPS Settlement** | Net impact of USPS settlement | **$12,362,000** | | Interest income | USPS - Collection of fees | $1,213,000 | | Noninterest expense | USPS - Recovery of legal expense | $7,376,000 | | Credit loss expense | USPS - ACL Recovery | $3,773,000 | | **Other Non-Recurring Items** | Net impact of other non-recurring items | **$(7,091,000)** | | Noninterest expense | Greenscreens transaction costs | $(3,024,000) | | Noninterest expense | Other Legal Settlements | $(2,000,000) | | Noninterest expense | New HQ termination fees and accelerated amortization | $(2,067,000) | | **Total Pre-tax Impact** | Pre-tax operating income impact | **$5,271,000** | - The company recovered the full **$19.4 million** receivable from the USPS, which had been carried as a non-performing asset for nearly five years, plus additional amounts covering legal expenses[2](index=2&type=chunk) - The company acquired a **$23.4 million** non-performing equipment finance loan at a significant discount, with an initial **$10.8 million** charged-off with no impact to credit loss expense, and the remaining discount expected to be accreted as income in future quarters[4](index=4&type=chunk) [Key Thoughts for the Quarter](index=1&type=section&id=Key%20Thoughts%20for%20the%20Quarter) Despite a stagnant freight cycle, Triumph is demonstrating progress through revenue growth and operational efficiency initiatives, including 15.2% growth in transportation revenue, the acquisition of Greenscreens, a new FaaS partnership with RXO, and significant momentum in LoadPay account openings, reaching over 2,700 accounts by mid-July - The company is focused on operating within the current soft market conditions and is implementing operational efficiency improvements, with more details to be shared in Q3[7](index=7&type=chunk) - Annualized transportation revenue grew from **$206 million** last quarter to **$237 million** this quarter (excluding USPS settlement impact), with organic growth at **11.3%** after adjusting for the Greenscreens acquisition[9](index=9&type=chunk) - RXO, a major freight broker, went live on the factoring-as-a-service (FaaS) platform and became the second LoadPay distribution partner[9](index=9&type=chunk) - LoadPay accounts grew rapidly, reaching **2,000** on June 10 and **2,729** by July 14, with the company expecting growth to accelerate with increased market awareness and the RXO partnership[9](index=9&type=chunk) - The company's transportation network now engages with **$70 billion** of unique annualized volume, and its Payments Network serves **66 of the top 100** US freight brokers[9](index=9&type=chunk) [A Value Chain of Five Offerings](index=3&type=section&id=A%20Value%20Chain%20of%20Five%20Offerings) Triumph outlines its integrated value chain of five core transportation offerings: Audit, Payments, Liquidity Solutions, Digital Banking (LoadPay), and a Pricing & Performance Engine, creating a symbiotic ecosystem that generates network effects and a defensible competitive advantage - The company's strategy is to build a value chain where each service offering logically leads to and enhances the others, creating a competitive advantage and customer stickiness[10](index=10&type=chunk)[11](index=11&type=chunk)[13](index=13&type=chunk) - 1. **Audit:** Audits more brokered freight than any known competitor, leveraging AI for automation, with the NextGen Audit product serving as a key tool[14](index=14&type=chunk) - 2. **Payments:** Disburses about **$200 million** daily, making more payments to U.S. truckers than anyone else, with significant opportunities for cross-selling with audit services[14](index=14&type=chunk) - 3. **Liquidity Solutions:** Offers a broad suite including factoring, FaaS, and supply chain finance, with a total balance sheet exposure of **$1.4 billion** and room to grow[14](index=14&type=chunk) - 4. **Digital Banking for Truckers (LoadPay):** A purpose-built digital bank account for truckers offering 24/7 instant funding, targeting **5,000-10,000** accounts by year-end, with **2,729** accounts as of July 14, 2025 (a **251%** increase over Q1)[14](index=14&type=chunk)[15](index=15&type=chunk) - 5. **Pricing & Performance Engine:** A unique offering built on **$70 billion** in unique volume from audit, payment, and factoring data, providing real-time pricing, market data, and performance metrics, with prediction models claimed to be **2x** more accurate than competitors[18](index=18&type=chunk) [Segment Performance Analysis](index=9&type=section&id=Segment%20Performance%20Analysis) This section analyzes the financial performance of the company's key operating segments: Payments, Factoring, Intelligence, and Banking, highlighting revenue growth, profitability, and strategic initiatives within each [Payments](index=9&type=section&id=Payments) The Payments segment demonstrated strong growth, with revenue increasing 13.5% quarter-over-quarter to an annualized $68.9 million, driven by a 14.8% increase in payment volume and significant growth in LoadPay accounts, leading to a dramatic EBITDA margin improvement to 13.9% Payments Segment Performance (Q2 2025 vs Q1 2025) | Metric | Q2 2025 | Q1 2025 | Q/Q Change | | :--- | :--- | :--- | :--- | | Total Revenue | $17.2M | $15.2M | +13.5% | | Payment Volume | $10.1B | $8.8B | +14.8% | | EBITDA Margin | 13.9% | (0.1)% | +14.0 p.p. | | LoadPay Accounts | 2,367 | 778 | +205.7% | | LoadPay Funding | $22.2M | $5.0M | +345.5% | - Network engagement in brokered freight increased to **63.3%** from **50.4%** in the prior quarter, partly due to the addition of Greenscreens volume[31](index=31&type=chunk) - The company is focused on three levers for revenue growth: consistently pricing existing customers, growing the customer base, and cross-selling Audit (NGA) and Payments services[34](index=34&type=chunk)[40](index=40&type=chunk) - The percentage of payments for which a fee was charged increased from **24.0%** to **28.5%** in Q2, contributing to a **$1.2 million** increase in fee revenue[37](index=37&type=chunk) [Factoring](index=14&type=section&id=Factoring) The Factoring segment's operating income was significantly boosted by a one-time USPS litigation settlement, resulting in a 48.5% operating margin, while still showing strong underlying growth with a 13.4% QoQ increase in invoice volume and a 6.1% increase in purchased volume, driven by technology enhancements and a strategic shift to Net Funds Employed (NFE) pricing Factoring Segment Performance (Q2 2025 vs Q1 2025) | Metric | Q2 2025 | Q1 2025 | Q/Q Change | | :--- | :--- | :--- | :--- | | Operating Margin | 48.46% | 19.24% | +29.22 p.p. | | Purchased Volume | $2.87B | $2.71B | +6.1% | | Invoice Volume | 1,697,851 | 1,497,644 | +13.4% | | Avg. Trans. Invoice Size | $1,663 | $1,769 | -6.0% | - Operating income was impacted by a net **$10.4 million** from non-core/non-recurring items, primarily the USPS settlement[51](index=51&type=chunk) - The instant decision model is active on the entire portfolio (except SCF), creating a **30% - 45%** revenue growth opportunity before adding material expense[52](index=52&type=chunk) - The segment added **328** new customers in Q2, and the shift to NFE pricing continues, with **22%** of recourse customers now on this model, up from **4%** in 2022[59](index=59&type=chunk)[61](index=61&type=chunk) [Intelligence](index=17&type=section&id=Intelligence) The Intelligence segment, bolstered by the acquisition of Greenscreens on May 8, closed the quarter on a $9.7 million annualized revenue run rate, with a near-term focus on integrating Triumph's rich data into the ISO and Greenscreens models to enhance the accuracy and coverage of its pricing and performance products, with new product announcements expected in Q3 - The segment reported total revenue of **$1.7 million** for the quarter and ended with an annualized revenue run rate of **$9.7 million**[64](index=64&type=chunk) - The Greenscreens acquisition, completed May 8, contributed approximately **$1.3 million** in noninterest income and **$1.3 million** in operating expenses for the partial quarter[65](index=65&type=chunk) - Near-term development is focused on integrating Triumph's data into ISO and Greenscreens, integrating the two products, and building new products[68](index=68&type=chunk) - Early testing confirms that integrating Triumph's data will demonstrably improve the prediction accuracy (MAPE) and lane coverage of the pricing engine[72](index=72&type=chunk) [Banking](index=18&type=section&id=Banking) The Banking segment's operating income decreased by 4.4% to $26.4 million, as growth in net interest income was offset by higher legal expenses, while credit metrics showed significant improvement, with non-performing loans and classified assets decreasing, aided by the USPS settlement but also driven by other resolutions - Banking segment operating income decreased **$1.2 million (4.4%)** from the prior quarter to **$26.4 million**[75](index=75&type=chunk) - Credit metrics improved significantly in Q2, with the USPS settlement accounting for less than **40%** of the overall improvement in nonaccrual loans and classified assets[76](index=76&type=chunk) Credit Quality Improvement | Metric | Improvement | USPS-Related Impact | | :--- | :--- | :--- | | Non-performing loans to total loans | 87 bps | 39 bps | | Classified assets decrease | $58.2 million | $19.4 million | [Outlook and Closing](index=6&type=section&id=Outlook%20and%20Closing) This section provides an update on the transportation market conditions and outlines the company's expense forecast for Q3, emphasizing its strategic commitment to innovation and market leadership [Transportation Market Update](index=6&type=section&id=Transportation%20Market%20Update) The transportation market continues to experience flat demand and stable capacity, with consistent pressure on broker margins since 2023, and while mild rate conditions persist, normal seasonal events and isolated demand spikes are expected to push rates higher, challenging existing capacity with any moderate increase in demand - The market saw no major surprises in trucking prices or capacity in Q2, though temporary inflation episodes occurred due to weather, road checks, and seasonality[23](index=23&type=chunk) - Aggregate dry van broker margins across the Greenscreens customer base have been under fairly consistent pressure since 2023[24](index=24&type=chunk) - Benchmark price trends show mild rate conditions have persisted since early 2023 with slight seasonal upticks[27](index=27&type=chunk) [Expense Forecast & Closing Thoughts](index=20&type=section&id=Expense%20Forecast%20%26%20Closing%20Thoughts) After a 'noisy' second quarter, the company projects a more representative core run rate for Q3, with noninterest expense forecasted to be approximately $104 million, as management expresses confidence in the company's trajectory, emphasizing its unique position and commitment to innovation to deliver value despite a soft transportation market - Q3 noninterest expense is projected to be approximately **$104 million**, which includes incremental operating expenses and intangible amortization from the Greenscreens acquisition[80](index=80&type=chunk) - The company remains committed to innovation and customer-centric solutions to strengthen its market position, regardless of market tailwinds[81](index=81&type=chunk) [Financial Statements and Supplementary Data](index=24&type=section&id=Financial%20Statements%20and%20Supplementary%20Data) This section presents the company's consolidated financial statements, including the balance sheet, income statement, and detailed segment performance data, providing a comprehensive view of its financial position and operational results [Financial Highlights](index=24&type=section&id=Financial%20Highlights) This section provides a high-level overview of key financial metrics for the quarter ended June 30, 2025, compared to previous periods, showing total assets grew to $6.5 billion, net income available to common stockholders was $3.6 million, and presenting key performance ratios alongside asset quality and capital adequacy metrics Key Financials as of June 30, 2025 | Metric | Q2 2025 | Q1 2025 | Q2 2024 | | :--- | :--- | :--- | :--- | | Total Assets | $6,494.7M | $6,268.4M | $5,783.3M | | Loans Held for Investment | $4,953.2M | $4,666.2M | $4,288.4M | | Total Deposits | $5,186.1M | $4,976.8M | $4,392.0M | | Net Income (to common) | $3.6M | $(0.8)M | $1.9M | | Diluted EPS | $0.15 | $(0.03) | $0.08 | | Tangible Book Value per Share | $19.31 | $25.32 | $24.60 | [Consolidated Balance Sheet](index=25&type=section&id=Consolidated%20Balance%20Sheet) As of June 30, 2025, total assets stood at $6.5 billion, an increase from $6.3 billion in the prior quarter, primarily driven by growth in loans, while total liabilities increased to $5.6 billion, with total deposits growing to $5.2 billion, and total stockholders' equity rose to $912.4 million Consolidated Balance Sheet Highlights (in thousands) | Account | June 30, 2025 | March 31, 2025 | | :--- | :--- | :--- | | **Assets** | | | | Total Assets | $6,494,748 | $6,268,394 | | Loans, net | $4,914,479 | $4,629,994 | | Goodwill | $353,900 | $241,949 | | **Liabilities & Equity** | | | | Total Deposits | $5,186,098 | $4,976,750 | | Total Liabilities | $5,582,366 | $5,374,467 | | Total Stockholders' Equity | $912,382 | $893,927 | [Consolidated Statement of Income](index=26&type=section&id=Consolidated%20Statement%20of%20Income) For the three months ended June 30, 2025, the company reported net interest income of $88.7 million and a net income of $4.4 million, with a credit loss benefit of $0.7 million largely due to the USPS recovery, and noninterest expense at $100.8 million, impacted by transaction costs and legal settlements but offset by the recovery of legal fees Consolidated Income Statement Highlights (Q2 2025, in thousands) | Line Item | Q2 2025 | Q1 2025 | | :--- | :--- | :--- | | Net Interest Income | $88,678 | $84,383 | | Credit Loss Expense (Benefit) | $(702) | $1,330 | | Total Noninterest Income | $19,384 | $17,190 | | Total Noninterest Expense | $100,840 | $100,173 | | Net Income | $4,420 | $17 | | Net Income to Common Stockholders | $3,618 | $(784) | [Segment Financials](index=29&type=section&id=Segment%20Financials) This section provides a detailed breakdown of financial performance by operating segment: Banking, Factoring, Payments, and Intelligence, with Q2 2025 showing the Banking segment generating $26.4 million in operating income, Factoring contributing $19.8 million (boosted by the USPS settlement), while Payments and Intelligence recorded operating losses of $0.7 million and $6.0 million respectively, with Intelligence impacted by acquisition costs Operating Income (Loss) by Segment (Q2 2025, in thousands) | Segment | Operating Income (Loss) | | :--- | :--- | | Banking | $26,374 | | Factoring | $19,754 | | Payments | $(654) | | Intelligence | $(5,986) |

Core Viewpoint - Triumph Financial, Inc. has announced its second quarter 2025 financial results, which are available on the company's website for investors and analysts to review [1]. Financial Results - The financial results for Q2 2025 and the shareholder letter can be accessed through the company's investor relations website [1]. - A conference call to discuss these results will be held on July 17, 2025, at 9:30 a.m. central time, featuring Vice Chairman & CEO Aaron P. Graft and CFO Brad Voss [1]. Company Overview - Triumph Financial, Inc. operates as a financial and technology company focused on modernizing and simplifying freight transactions through payments, factoring, intelligence, and banking [3]. - The company is headquartered in Dallas, Texas, and its portfolio includes brands such as Triumph, TBK Bank, and LoadPay [3].

Core Insights - RXO and Triumph have expanded their partnership to provide new financial tools and services aimed at improving efficiency and profitability for carriers [1][3] - RXO Extra | Factoring, powered by Triumph, offers Factoring as a Service™ and LoadPay™, enabling carriers to access quick payments and seamless factoring services [2][3] Company Overview - RXO is a leading provider of asset-light transportation solutions, offering tech-enabled truck brokerage services and complementary solutions across North America [6] - Triumph is a financial and technology company focused on modernizing freight transactions through payments, factoring, and banking solutions [6][7] Service Details - RXO Extra | Factoring allows carriers to receive same-day payments on approved invoices, available 24/7, enhancing cash flow management [2][3] - LoadPay is a digital banking solution designed specifically for the freight industry, providing fast access to funds and tailored tools for transportation businesses [7] Loyalty Program - RXO Extra™ is a loyalty program that rewards carriers for hauling loads through RXO Connect, offering savings and bonuses as they progress through loyalty tiers [4]

Group 1 - Triumph Financial, Inc. (Nasdaq: TFIN) will release its second quarter financial results and management commentary after market close on July 16, 2025 [1] - A conference call to review the financial results will be held on July 17, 2025, at 9:30 a.m. central time, led by Vice Chairman and CEO Aaron P. Graft and CFO Brad Voss [2] - The live video conference can be accessed through a specific link or the Company's IR website, with an archive available afterward [3] Group 2 - Triumph Financial is a financial and technology company focused on modernizing and simplifying freight transactions, with a portfolio that includes Triumph, TBK Bank, and LoadPay [4]

Core Insights - Triumph Financial, Inc. has completed the acquisition of Greenscreens.ai, aiming to enhance transportation intelligence and empower data owners with more control and choice [1][5] - Greenscreens.ai is recognized as a disruptor in the freight technology market, utilizing dynamic pricing infrastructure to improve real-time pricing decisions through high-quality data and machine learning [2][7] Company Strategy - The acquisition is intended to transform pricing strategies within the freight industry, providing an alternative to existing bundled solutions that limit customer choice [3] - Triumph plans to leverage its extensive network data to offer best-in-class intelligence solutions, facilitating transparent rate discovery and optimized RFP bid strategies [3] Leadership and Integration - Dawn Salvucci-Favier, CEO of Greenscreens.ai, has been appointed as President of Triumph's Intelligence segment, tasked with integrating Greenscreens.ai into Triumph's offerings [4] - The integration aims to enhance the delivery of transparent, customizable, and actionable intelligence to customers, meeting the industry's demand for credible alternatives [5] Financial Details - Triumph acquired Greenscreens.ai for a total consideration of $140 million in cash and 256,984 shares of TFIN common stock [5]