Trusted Freight Exchange (TFX)

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Highway Launches the Trusted Freight Exchange, Powered by the Triumph Network
GlobeNewswire News Room· 2025-08-25 12:00
Core Insights - Highway has launched the Trusted Freight Exchange (TFX), a secure digital freight exchange designed exclusively for verified carriers and vetted brokers [1][2] - TFX integrates identity verification, compliance, pricing, and payment functionalities into a single platform, enhancing trust and efficiency in freight transactions [2][3] - The platform aims to eliminate issues such as impersonation, double brokering, fraud, non-payment, and poor visibility, establishing a reliable foundation for brokers and carriers [2][3] Company Overview - Highway specializes in Carrier Identity® solutions, helping freight brokers reduce fraud and streamline the digital booking process [4] - The company emphasizes transparency, trust, and truth, equipping brokers with necessary data to enhance service delivery and business growth [4] Industry Context - The launch of TFX represents a significant milestone in the freight industry, setting a new standard for identity-first infrastructure in freight transactions [3] - Triumph, a financial and technology company, collaborates with Highway to provide payment, factoring, and intelligence solutions that modernize freight transactions [5]