Payments Segment and Credit Quality Improvement
Almost every metric reported improved in our transportation businesses, especially in the Payments segment. Credit quality also improved, setting the company up for profitable revenue growth despite market conditions.
Revenue Growth Opportunities
There are significant opportunities for revenue growth in the Payments segment through Load Pay, Green Screens, and existing customer upgrades. The company is also seeing large trucking companies returning to the factoring market, which presents additional revenue opportunities.
Successful Client Repricing
The company has been successful in repricing legacy clients to new, more profitable rates, demonstrating the market's acceptance of the company's updated pricing models.