Big news in the freight world: DAT Freight & Analytics just bought a company called Outgo—a fintech and factoring provider that helps truckers get paid faster. With this move, DAT isn’t just adding a new service; it’s changing how money moves in the trucking world.

Traditionally, freight carriers often had to wait weeks to get paid after delivering a load. Now, thanks to Outgo’s tech being built into the DAT One platform, carriers could start getting paid within hours—or even just 15 minutes. That’s a game-changer, especially for small carriers and independent truckers who run on tight cash flow.

Outgo was founded in 2022 by ex-Uber and Convoy employees. Instead of using the old-school factoring model (which locks carriers into contracts), they let carriers choose how much to factor and when. It’s like flexible payday advances for freight.

Outgo’s CEO, Marcus Womack, said the goal is to give carriers more control and faster payments—and joining forces with DAT will help scale that mission.

Jeff Clementz, CEO of DAT, explained that Outgo fits into their plan to make DAT One a one-stop app for booking loads, following rules, tracking freight, and getting paid fast.

There’s also a cool feature for brokers: if they qualify under Outgo’s standards, they get a “blue check” badge. This tells carriers their loads are eligible for near-instant payment—boosting trust and likely making their loads more popular.

And it’s not just about speed. This upgrade adds an extra layer of security against fraud and payment delays, something the industry has been struggling with for a while.

In the end, DAT is aiming to become much more than just a load board. They want to be the go-to hub for everything freight-related—including fast, safe payments.

Disclaimer: This article is based on publicly available information and sources cited below.

Sources: LinkedIn, Business Wire