Latest news with #DAT
Yahoo
16-05-2025
- Business
- Yahoo
DAT acquires Outgo, enters race to become dominant freight exchange platform
DAT Freight & Analytics acquired factoring and fintech provider Outgo on Thursday, bringing modern payment infrastructure into the DAT One ecosystem and redefining how freight carriers book and get paid for loads. Terms of the deal were not disclosed. DAT isn't merely expanding its portfolio; it's restructuring how transactions flow through the freight marketplace. The logistics world has historically dealt with payment delays that could stretch for weeks. With Outgo's technology now embedded in DAT One, carriers can get paid within hours, sometimes in as little as 15 minutes, according to a news release, which added that this brings a level of liquidity that's vital for small carriers and owner-operators whose businesses run on thin margins. Founded in 2022 by former Uber and Convoy technologists, Outgo has focused its efforts on disrupting freight finance by bundling banking, factoring and payment services into a single platform. Its 'fractional factoring' model gives carriers more control, allowing them to factor only what they need, when they need it, compared to the traditional carrier-factoring relationship that required long-term contracts or minimums. 'We're relentlessly focused on transforming how carriers get paid so it's faster, more flexible, and puts them in control of their finances. … Joining a company with the reputation and trust that DAT has earned will allow us to continue to develop payment innovations at a greater scale for the benefit of both carriers and brokers,' said CEO and co-founder of Outgo Marcus Womack, in the to DAT CEO Jeff Clementz, the integration of Outgo reflects the company's broader ambition: to create a smarter, more connected logistics marketplace where load matching, compliance, visibility and now payments live under one roof. Brokers that meet Outgo's qualification standards receive a 'blue check,' signaling their loads are eligible for near-instant payment processing – a small badge with big implications for carrier trust and load prioritization. The implications go beyond efficiency. In a landscape increasingly vulnerable to fraud, delayed payments and identity theft, embedding secure, real-time payments within a trusted network enhances not only speed but also security. DAT has already invested in carrier vetting tools and authentication layers like its Carrier Management Suite and Trucker Tools acquisition; Outgo rounds out the stack of security improvements the company is focused on. This move also expands the already growing market in freight fintech. Triumph Financial has similarly been focused on leveraging its legacy fintech solutions to bring more value to its shipper, broker and carrier customers. The company recently acquired Isometric Technologies and to build its own freight intelligence and payments ecosystem. It already dominates a large share of freight brokerage payments and is rumored to be looking to enter load matching, a space historically ruled by freight carriers and brokers, the stakes are high. DAT is positioning itself not just as a load board, but as the freight industry's central exchange. Disclosure: Craig Fuller, founder and CEO of FreightWaves, is an investor in Outgo. Articles by Grace Sharkey Avocados, auto parts and ambushes: Inside Mexico's cargo theft crisis Flock Freight's shared truckload model hauls in $60M Series E Is English proficiency enforcement the right focus for safer roads?The post DAT acquires Outgo, enters race to become dominant freight exchange platform appeared first on FreightWaves.
Time of India
16-05-2025
- Business
- Time of India
NID DAT BDes 2025 final result declared, submit campus preference online till this date
The National Institute of Design (NID) has announced the final results for the Bachelor of Design (BDes) 2025 program, following the completion of the Design Aptitude Test (DAT). The results, made public on May 16, 2025, bring a sense of anticipation and excitement to thousands of aspiring designers across the country. Along with the results, NID has opened the campus preference submission window for shortlisted candidates. Students who have qualified in the DAT must submit their preferred campus by May 19, 2025, through the official NID portal. NID offers its BDes programs at multiple campuses in Ahmedabad, Gandhinagar, and Bengaluru, each with unique specializations and strengths. This decision is critical for candidates, as it determines the academic and developmental journey they will undertake in one of India's premier design institutions. How to download NID DAT BDes result 2025? To download the NID BDes DAT 2025 result, candidates can follow these steps: Go to the official NID admissions website: On the homepage, locate and click on the link labeled 'NID DAT BDes Result 2025'. Enter your Email Address and Date of Birth in the respective fields. After logging in, your result will be displayed on the screen. You can then download and print your scorecard for future reference. NID BDes campus preference submission deadline Along with the results, NID has opened the campus preference window for shortlisted candidates. Those who have qualified in the BDes DAT 2025 are required to submit their preferred NID campus by May 19, 2025. To do so, candidates need to log in to their official NID account and select their preferred campuses from the available options. NID offers its BDes programs at multiple campuses, including Ahmedabad, Gandhinagar, and Bengaluru. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Esta nueva alarma con cámara es casi regalada en Santa Fe (ver precio) Verisure Más información Undo Each campus has its unique strengths and design specializations, and the choice of campus plays a key role in the academic journey of the students. Candidates are urged to carefully evaluate their options before making the final submission. What's next for candidates? After submitting their campus preferences, NID will release the final merit list and campus allotment details. The allotment will be based on the candidates' merit and the preferences they have selected. After campus allotment, successful candidates will be required to complete the admission process, which includes document verification and fee payment. Invest in Their Tomorrow, Today: Equip your child with the essential AI skills for a future brimming with possibilities | Join Now
Yahoo
15-05-2025
- Business
- Yahoo
DAT redefines freight payments with Outgo acquisition
BEAVERTON, Ore., May 15, 2025--(BUSINESS WIRE)--DAT Freight & Analytics has acquired Outgo Inc., adding fast, transparent payments to the industry's largest freight marketplace. Outgo is a financial technology company and factoring service that automates invoice payments and other back-office functions for trucking companies. The acquisition reinforces DAT's commitment to helping freight carriers find the best loads, book them quickly, and get paid almost instantly—all in one place. "Cash flow is the lifeblood of small carriers, and at the heart of any great high-trust marketplace is the payment connection between the buyer and seller," said Jeff Clementz, Chief Executive Officer and President of DAT. "Outgo sets the industry standard for funding speed, transparency, and flexibility." Outgo automates broker setup, invoicing, factoring, and collections without long-term contracts or minimums. It commits to settling approved unpaid invoices within four hours, with many processed in as little as 15 to 90 minutes. Going forward, carriers on DAT One will have access to Outgo's AI-powered payment services. Any load posted to the DAT network with a blue checkmark is eligible for factoring, so carriers can feel assured that they'll get paid quickly. "Acquiring Outgo paves the way for DAT to embed payments and financial services into our DAT One freight platform," Clementz said. "We can bring more value to our customers and build on our position as the industry's most trusted marketplace by offering a smarter, faster path to payment that's fully integrated into the customer's workflow." "We're relentlessly focused on transforming how carriers get paid so it's faster, more flexible, and puts them in control of their finances," said Marcus Womack, Chief Executive Officer and co-founder of Outgo. "Joining a company with the reputation and trust that DAT has earned will allow us to continue to develop payment innovations at a greater scale for the benefit of both carriers and brokers." Outgo was launched in 2022 by senior leaders from transportation technology companies, including Uber and Convoy. Outgo will operate from its Seattle office as a distinct service within DAT, with Womack joining the DAT executive team. Outgo will continue to provide customer support through multiple channels, with user-friendly tools both on the web and on its app. "By combining the Outgo team's deep payments expertise with DAT's award-winning customer support and freight match knowledge, customers can get the support they need to find work and get paid, all in one platform," Womack said. For more information about DAT One and factoring with Outgo, visit About Outgo Outgo is a modern payments platform for freight. Outgo has rebuilt factoring to put the carrier first, and bundles banking and factoring to make funds instantly available. Founded by former executives at top transportation companies, the company was launched in 2022 and is headquartered in Seattle. To learn more, visit Outgo is a financial technology company and not a bank. Banking services provided by TransPecos Banks, SSB, Members FDIC. About DAT Freight & Analytics DAT Freight & Analytics operates DAT One, North America's largest truckload freight marketplace; DAT iQ, the industry's leading freight data analytics service; and Trucker Tools, the leader in load visibility. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions. Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Beaverton, Oregon, DAT continues to set the standard for innovation in the trucking and logistics industry. Visit for more information. View source version on Contacts DAT Contact Georgia JablonPR@ / Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
15-05-2025
- Business
- Business Wire
DAT redefines freight payments with Outgo acquisition
BEAVERTON, Ore.--(BUSINESS WIRE)--DAT Freight & Analytics has acquired Outgo Inc., adding fast, transparent payments to the industry's largest freight marketplace. The acquisition reinforces DAT's commitment to helping freight carriers find the best loads, book them quickly, and get paid almost instantly—all in one place. Outgo is a financial technology company and factoring service that automates invoice payments and other back-office functions for trucking companies. The acquisition reinforces DAT's commitment to helping freight carriers find the best loads, book them quickly, and get paid almost instantly—all in one place. 'Cash flow is the lifeblood of small carriers, and at the heart of any great high-trust marketplace is the payment connection between the buyer and seller,' said Jeff Clementz, Chief Executive Officer and President of DAT. 'Outgo sets the industry standard for funding speed, transparency, and flexibility.' Outgo automates broker setup, invoicing, factoring, and collections without long-term contracts or minimums. It commits to settling approved unpaid invoices within four hours, with many processed in as little as 15 to 90 minutes. Going forward, carriers on DAT One will have access to Outgo's AI-powered payment services. Any load posted to the DAT network with a blue checkmark is eligible for factoring, so carriers can feel assured that they'll get paid quickly. 'Acquiring Outgo paves the way for DAT to embed payments and financial services into our DAT One freight platform,' Clementz said. 'We can bring more value to our customers and build on our position as the industry's most trusted marketplace by offering a smarter, faster path to payment that's fully integrated into the customer's workflow.' 'We're relentlessly focused on transforming how carriers get paid so it's faster, more flexible, and puts them in control of their finances," said Marcus Womack, Chief Executive Officer and co-founder of Outgo. 'Joining a company with the reputation and trust that DAT has earned will allow us to continue to develop payment innovations at a greater scale for the benefit of both carriers and brokers.' Outgo was launched in 2022 by senior leaders from transportation technology companies, including Uber and Convoy. Outgo will operate from its Seattle office as a distinct service within DAT, with Womack joining the DAT executive team. Outgo will continue to provide customer support through multiple channels, with user-friendly tools both on the web and on its app. 'By combining the Outgo team's deep payments expertise with DAT's award-winning customer support and freight match knowledge, customers can get the support they need to find work and get paid, all in one platform,' Womack said. For more information about DAT One and factoring with Outgo, visit About Outgo Outgo is a modern payments platform for freight. Outgo has rebuilt factoring to put the carrier first, and bundles banking and factoring to make funds instantly available. Founded by former executives at top transportation companies, the company was launched in 2022 and is headquartered in Seattle. To learn more, visit Outgo is a financial technology company and not a bank. Banking services provided by TransPecos Banks, SSB, Members FDIC. About DAT Freight & Analytics DAT Freight & Analytics operates DAT One, North America's largest truckload freight marketplace; DAT iQ, the industry's leading freight data analytics service; and Trucker Tools, the leader in load visibility. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights, informed by nearly 700,000 daily load posts and a database exceeding $1 trillion in freight market transactions. Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. Headquartered in Beaverton, Oregon, DAT continues to set the standard for innovation in the trucking and logistics industry. Visit for more information.
IOL News
13-05-2025
- Automotive
- IOL News
Racing the new GR Yaris: insights from our driver in the Toyota GR Cup Challenge
The Toyota GR Cup Challenge at the Aldo Scribante Circuit in Gqeberha saw the Media Challenge drivers in the new more powerful and faster GR Yaris. Image: Supplied It was the closest racing yet seen in the Toyota GR Cup Challenge this season as we tackled the Aldo Scribante Circuit in Gqeberha. When we arrived at the track on Thursday, May 8, we were greeted by our new stripped-out racing GR Yaris replete with more power, new livery, roll cage, upgraded brakes, exhaust and a new eight-speed Direct Automatic Transmission (DAT). New challenge Our first two outings in the six-speed manual GR Yaris were behind us and we were now faced with a new challenge; getting to grips with a completely new set-up. Leeroy Poulter and his team of technicians at Toyota Gazoo Racing South Africa had pulled the proverbial rabbit out of a hat by stripping and converting six cars into GR Cup Media Challenge track weapons in a month. The weekend would follow the normal format with three practice sessions on Friday, qualifying on Saturday morning, followed by two races. Racing was bumper to bumper through every corner. Image: Supplied Practice We were first out early on Friday on a track that was slightly moist and covered in fine sand from a construction site close by. First though we had to bed the brakes for three laps, gently at first and then increasingly more aggressive before we could floor the GR Yaris with less than 200 kilometres on the clock. I had printed out a copy of the track's 2.48km layout and downloaded a few in-car camera clips to create a picture in my head of what to expect. Reality though is different and corners, hairpins, kinks and sweeps approach a lot quicker than watching it on a screen. After a few laps the new Toyota GR Yaris proved to be a fantastic track car. Image: Supplied Video Player is loading. 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Advertisement Next Stay Close ✕ To compound matters the slippery surface saw a few butt-clenching moments around the S's, hairpin corner and sharp right-hander before the main straight. After getting into a rhythm I could immediately feel the difference in power over the previous GR Yaris and the auto box adapted quickly to the harsh realities of hard racing. There were one or two occasions where it would gear up instead of holding the gear around corners, but I'm not Max Verstappen, so it's of little consequence. I sent clips of my laps to Lorenzo Gualtieri of Comprehensive Driving Solutions and he would give feedback on how to improve my time. By the second session, we were a lot more familiar with the GR Yaris and the track so the times kept on improving. It takes a paradigm shift when you're told to brake later and go in wider when the 50 metre brake marker just flashes by at close to 200km/h. Aldo Scribante is well known as a tyre shredder with it's abrasive surface. Image: Supplied Tyre shredder It was a good session but what was also clear is that Aldo Scribante was living up to its reputation as a tyre shredder. It has an incredible abrasive surface and 15 minutes into the session with hot semi-slick Dunlops you really have to concentrate to keep the car from sliding off and going into the rubber marbles strewn outside the racing line. Some more feedback from Gualtieri for the third session and I was improving steadily and gaining a lot more confidence. Some of my colleagues experimented with the paddles behind the steering wheel but a couple of us preferred the electronic brain to handle the gear changes and it seems the difference is negligible, especially for the less experienced racers because we get to concentrate on braking zones and corner entrance and exit. Look, it's never comfortable in a race car. It's hot, noisy, the racing seat grips you tightly as does the five-point harness, the helmet and HANS (head and neck support) device squeeze your face and shoulders but once you're out of the pit lane and on track it's all forgotten as you belt through each sector. Focusing on the race ahead and where to improve my times. Image: Supplied Race day Saturday saw us fitted with new rubber with the instruction to go out for two warm up laps, followed by two qualifying laps and a cool down lap before returning to the pits otherwise by the end of the second race the tyres would be completely shot. With my "coach's" voice notes running through my head I had a decent qualifying time ahead of Charl Bosch ("The Citizen") and one of the dealers' GR Corollas. Nabil Abdool (SuperSport) qualified overall first and in the Media Challenge followed by Kyle Kock ("CAR Magazine"), Phuti Mpyane ("TimesLive") and Lawrence Minnie ("Auto Trader"). There was just over a second separating those of us in the midfield so racing would be tight. It would be another rolling start with the GR Academy drivers leading the field in their GR 86s followed by the GR Corollas and Yaris' all going hell for leather. I was too far behind Minnie when the lights went off so I would have to play catch-up. Remembering my notes, I focused on my braking and turning and not lifting off the accelerator around the sweep. There aren't many passing opportunities at Aldo Scribante and the only way would be to either dive bomb into a corner or wait for a mistake by the drivers ahead. The team that worked late every night and over weekends to ensure that the new Toyota GR Yaris's were race ready for Aldo Scribante and the rest of the season. Image: Supplied Discretion proved to be the better part of valour because a risky move could damage the cars and that would be a major blow to our new GR Yaris' so I settled down tightly behind a Corolla for a fifth place when the checkered flag dropped. Race two was a lot more intense with door to door cornering, bumper to bumper straights, some risky dive bombings and a bit of a two wheel gravel fright which eventually saw me crossing the line in sixth. Damn. So close for car #60. Abdool won both races with Kock and Mpanye swapping second and third place. We'll be doing more of the same at Zwartkops Raceway, a track we're more familiar with and also the home of Toyota Gazoo Racing South Africa, next month.
