Relay Payments is to start offering a freight payment option specifically targeted at brokers called RelayDirect, the company said Oct. 17.

Interline payables processing is easily one of the most important and time consuming processes your business will try to manage. We break down the three biggest speed bumps in the process and ways to avoid them altogether.

FreightRover, a company launched a year ago by a former top executive at Celadon Group to provide technology to automate vendor payments, has secured a financing facility of up to $500 million from Crayhill Capital Management and other investors to support a new business that will offer trade finance and freight factoring services.