Pricing and Performance Intelligence solution
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How Triumph’s platform elevates freight pricing confidence
Yahoo Finance· 2025-09-25 17:40
Core Insights - Triumph is enhancing its freight technology with the launch of an integrated Pricing and Performance Intelligence solution, which combines rate prediction, carrier scorecarding, and capacity sourcing into a single tool for brokers [1] - The platform leverages data from Greenscreens.ai and Isometric Technologies (ISO) to assist brokers in making confident quotes in a volatile market [1][2] Company Overview - Triumph estimates that it influences approximately 65% of truckload freight in North America, responding to customer demands for better data utilization [2] - The new platform is designed to address the need for improved data handling within the freight value chain [2] Technology Features - The system evaluates rate accuracy across various lanes, adjusting predictions as new data is received, providing brokers with more precise pricing in less-trafficked areas [3] - Each prediction includes a confidence score, aiding brokers in decision-making during negotiations with customers [3] - The technology is responsive to market fluctuations, as demonstrated by a recent instance where a broker's skepticism about a rate was validated shortly after by a sudden increase in shipping volume [3] Customer Integration - The platform supports real-time data feeds from 14 commercial TMS platforms, enhancing predictive models and offering brokers live insights into market conditions [4] - Triumph aims to make its technology accessible to both large and small brokers, with smaller firms under $10 million in annual revenue also utilizing the system [5] User Experience - The platform continuously measures forecast bias, allowing users to understand the accuracy of predictions and providing a negotiation coach feature to help newer brokers communicate trends effectively [5] - Larger enterprises have the option to integrate Triumph's data into their proprietary systems, ensuring a consistent intelligence layer across different broker sizes [6]
Triumph Expands Intelligence Offering for Brokers to Include Pricing, Performance and Capacity
Globenewswire· 2025-09-22 12:30
Core Insights - Triumph has launched an integrated Pricing and Performance Intelligence solution aimed at unifying pricing, performance, and capacity sourcing for freight brokers [1][5] - The new solution incorporates carrier capacity and performance benchmarks from the Triumph Network, allowing brokers to enhance pricing decisions with real-time data [2][4] - Triumph's strategy includes leveraging recent acquisitions to strengthen its capacity-centric Intelligence offerings [3] Company Overview - Triumph (NYSE: TFIN) is a financial and technology company focused on modernizing freight transactions through payments, factoring, intelligence, and banking solutions [6] - The company is headquartered in Dallas, Texas, and its portfolio includes Triumph, TBK Bank, and LoadPay [6] Product Features - The Pricing and Performance Intelligence solution is designed to improve efficiency, reduce risk, and scale operations for freight brokers [4][8] - Key features include a unified interface for rate, performance, and capacity data, as well as predictive analytics to support carrier relationships and spot coverage [8]