Ascent Global Logistics Strengthens Payment Solutions via TriumphPay
Ascent Global Logistics Strengthens Payment Solutions via TriumphPay
Ascent Global Logistics, a leading provider of expedited logistics solutions, has recently joined the TriumphPay Network. This strategic move is expected to enhance the payment experience for its carriers significantly. TriumphPay is known for its innovative payment processing solutions tailored specifically for the transportation industry, ensuring operational efficiency and financial transparency.
Improving Carrier Payment Experience
Jack Korslin, the chief financial officer of Ascent Global Logistics, emphasized the importance of carriers in their operations. He stated, "At Ascent, our carriers are at the heart of everything we do, and their success directly impacts the level of service we provide to our customers.” The partnership with TriumphPay aims to roll out enhanced payment solutions initially in Ascent's brokerage business segment, with plans for broader implementation across their entire carrier network soon.
Growth of the TriumphPay Network
The inclusion of Ascent Global Logistics into the TriumphPay Network is a significant milestone for both entities. TriumphPay reported impressive network engagement, with $51.3 billion in unique brokered freight transactions within the recent quarter. This growth signifies a substantial portion of the freight market, showcasing the value and efficiency the network brings to its participants.
Building a Stronger Network
Aaron P. Graft, vice chairman and CEO of Triumph Financial, highlighted the importance of adding new brokers to the network. "Creating density is vital for delivering greater efficiency and value to our customers," he remarked. This expansion is not only beneficial for TriumphPay but also enhances the overall ecosystem for all players involved in freight transactions.
Innovative Solutions for Transportation
TriumphPay stands out for its innovative approaches to reduce friction and combat fraud in the payment process within the trucking industry. By joining this dynamic network, Ascent aims to leverage these solutions for improved operational capabilities.
Expanding Reach in Logistics Services
Ascent Global Logistics connects businesses to an extensive network of carriers and services through its proprietary PEAK freight marketplace. This platform offers robust carrier capacity and transparent pricing, enabled by a team of logistic experts available around the clock. Their service portfolio encompasses air charter, ground expedited solutions, truckload, less-than-truckload, and global forwarding, thereby meeting diverse logistics needs with industry-leading service.
About the Companies
Ascent Global Logistics is recognized for its ability to solve intricate logistics challenges and ensure high customer satisfaction. The company's commitment to providing top-notch service is mirrored in its embrace of advanced payment solutions provided by TriumphPay.
Contact Information
For inquiries related to investor relations or media, individuals may reach out to Triumph Financial's senior vice presidents via their provided emails. Moreover, Ascent Global Logistics offers a contact for marketing inquiries to enhance communication and partnership opportunities.
Frequently Asked Questions
What is the significance of Ascent joining the TriumphPay Network?
Ascent's partnership with TriumphPay aims to improve payment solutions for its carriers, enhancing operational efficiency and customer services.
How will the new payment solutions impact carriers?
The enhanced payment solutions are expected to streamline the payment process, resulting in faster and more accurate transactions for carriers.
What benefits does TriumphPay offer to its users?
TriumphPay provides tailored payment processing solutions that ensure operational efficiency, financial transparency, and fraud mitigation for transportation companies.
What types of services does Ascent Global Logistics provide?
Ascent specializes in expedited logistics solutions, including air charter, ground expedited services, truckload, and global forwarding, among others.
Who can be contacted for more information about Ascent Global Logistics?
For more information, inquiries can be directed to Kelli Finn, Director of Marketing at Ascent Global Logistics, through their marketing email available on their website.
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