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DAT Acquires Payments Firm Outgo to Speed Carrier Pay
DAT Freight & Analytics acquired factoring and payments company Outgo 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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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 & Analytics company profile ↗· Food Logistics
- More from DAT Freight & Analytics (index page with related DAT coverage) ↗· Food Logistics
- DAT acquires Outgo, enters race to become dominant freight exchange platform ↗· FreightWaves
- GoodShip partners with DAT to integrate DAT iQ into all-in-one freight orchestration and procurement platform ↗· Business Wire
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The MarketScale Newsroom reports on the companies, technologies, and trends shaping 16 B2B industries. It turns primary sources and expert commentary into clear, useful coverage for the people doing the work.
