Acquisitions & Partnerships: Truckstop, Relay Payments, and DHL strengthen freight and health care solutions
Key takeaways
- Truckstop's acquisition of Denim enhances freight factoring and back-office automation, offering faster payments and flexible pricing for carriers and brokers.
- Relay Payments partners with Circle K to provide secure digital payment solutions at over 500 truck-accessible locations, streamlining fueling processes for drivers.
- DHL Supply Chain's acquisition of SDS Rx expands its healthcare logistics capabilities, integrating final-mile delivery and specialized transportation services.
Truckstop acquires Denim to boost freight payments, factoring, and back-office automation
Truckstop.com has acquired Denim, a financial technology company specializing in freight payments and factoring services. The acquisition aims to provide faster payments, smarter financial tools, and streamlined operations for carriers and brokers while addressing cash flow challenges in the freight industry. Truckstop stated that Denim's technology enables 75% of payments to be processed in under one minute, enhancing financial visibility and reducing operational costs for carriers.
“We are incredibly excited to welcome Denim to the truckstop.com family,” Scott Moscrip, CEO of truckstop.com, said. “Carriers and brokers today are demanding tools to help them work more profitably, more efficiently, and more securely. With Denim, we can better deliver across all three of these priorities. We’re excited for our carriers and brokers who will experience improved cash flow, lower operating costs, and reduced risk.” Learn more...
Circle K joins Relay Payments network to offer fast, secure fueling at 500+ truck-accessible locations
Relay Payments recently partnered with Circle K to bring its secure digital payment solution to over 500 truck-accessible locations nationwide. The integration allows drivers to pay for fuel, diesel exhaust fluid (DEF), and in-store items both at the pump and inside stores. Fleets with existing Circle K discount agreements can continue using them, while other customers benefit from Relay’s discounted pricing.
“This partnership with Relay helps us deliver on a key priority—making fueling more seamless and secure for professional drivers,” Reno Øhlenschlaeger, VP of global business-to-business mobility at Circle K, said. “By joining Relay’s digital payment network, we’re giving our fleet customers even more ways to pay quickly and get back on the road.”
The expansion strengthens Relay’s growing network of more than 3,000 locations, offering drivers and carriers a unified platform to manage fuel and other trucking expenses efficiently. Learn more…
DHL Supply Chain acquires SDS Rx to expand health care logistics and same-day delivery capabilities
DHL Supply Chain has agreed to acquire SDS Rx, a provider of final-mile delivery and specialized health care transportation services. This acquisition will enhance DHL's health care logistics portfolio under DHL Health Logistics. SDS Rx operates from more than 200 locations across the U.S., adding final-mile logistics services to DHL's health care transportation network and expanding same-day and expedited delivery capabilities.
“With this acquisition, we are expanding our health care logistics capabilities, attracting a new segment of health care customers, and reinforcing our position as a trusted partner in building resilient and connected health care supply chains,” Mark Kunar, CEO of DHL Supply Chain North America, said.
The integration of SDS Rx will strengthen DHL's end-to-end solutions across the entire life sciences and health care value chain, marking the company's second health care acquisition in 2025. Learn more…
