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DAT Acquires Payments Firm Outgo to Speed Carrier Pay
DAT Freight & Analytics acquired factoring and payments company Outgo, according to FreightWaves, which did not disclose deal terms. Separately, DAT iQ rate data was integrated into GoodShip's procurement platform under a partnership announced by Business Wire in August 2024.
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Key takeaways
Carriers using Outgo technology within DAT One can be paid within 15 minutes to hours versus historical weeks-long payment delays.
DAT iQ pricing models are trained on $150 billion in annual market transactions from over 1,300 shippers and brokers, updated daily.
DAT describes itself as operating North America's largest truckload freight marketplace, with sources citing between 249 million and more than 400 million annual freight matches.
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DAT Freight & Analyti...