Freight 360 The Future of Freight Payments: Outgo and DAT | Episode 296
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May 30, 2025 Marcus Womack, CEO and Co-founder of Outgo, and Ken Adamo, Chief of Analytics at DAT, dive into the future of freight payments. They discuss the implications of DAT's acquisition of Outgo, enhancing payment speed and transparency. The conversation also touches on challenges such as market stagnation, capacity constraints, and fraud prevention. Womack introduces innovative solutions for financial management in trucking, while Adamo sheds light on market trends and the importance of adapting to evolving financial dynamics.
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Ken's Memorable Sports Anecdotes
- Ken Adamo shared a personal story about attending Ohio State's big win and a freezing football game in Tennessee.
- He compared that experience to a memorable Steelers championship game he saw, highlighting his sports passion.
Freight Market Stuck in Equilibrium
- The freight market is stuck in equilibrium, showing no strong upward or downward trends.
- Short-term disruptions cause temporary spikes, but rates quickly return to baseline levels.
Marginal Capacity Tightness Explained
- Capacity tightness occurs in marginal cases, like Savannah's market, but doesn't indicate widespread carrier exits.
- Despite challenges, the market has net added capacity recently, resembling conditions from 2019.