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Triumph Launches RFP Manager to Help Brokers Navigate Accelerated Contract Cycles

Triumph, the Dallas-based transportation finance and technology company, unveiled RFP Manager on Tuesday to assist freight brokers managing compressed contract pricing cycles. The platform taps into real transaction and carrier payment data from the Triumph Network, which covers approximately 70% of North American brokered freight transactions and tracks more than 170,000 carriers. The tool overlays individual broker buying patterns at the lane level to inform pricing decisions. Contract repricing frequency has intensified from annual cycles to as often as every 30 days, according to Ben Volkwyn, Triumph's executive vice president of enterprise data and intelligence. Volkwyn attributed the acceleration to supply constraints driving faster rate increases than brokers anticipated. The compression mirrors pandemic-era dynamics, with some shippers now operating on three-month or even one-month RFP cycles, a shift from traditional 18-month intervals. Manual spreadsheet approaches prove inadequate for this velocity.