
06/23/2025
🚛 DAT & OTR Quietly Settle Factoring Dispute Over Outgo Deal ⚖️
After weeks of legal heat, DAT Freight & Analytics and OTR Solutions have reached an amicable resolution in a dispute over DAT’s May acquisition of fintech startup Outgo.
📌 The Backstory
▫️ DAT acquired Outgo to embed financial services into its DAT One freight platform.
▫️ OTR filed a lawsuit in late May, citing breach of NDA, noncompete violations, and irreparable harm to its factoring business.
▫️ Judge Grubbs had temporarily barred DAT from offering factoring services via Outgo in the U.S.
🛑 A court showdown scheduled for June 17 was abruptly canceled after both companies reached a private settlement.
📄 OTR voluntarily dismissed the lawsuit.
🤝 Statements:
▪️ DAT: “We thank OTR for their partnership and collaboration.”
▪️OTR: “We look forward to serving our clients and won’t provide further comment.”
💼 What’s Next for DAT?
Despite the legal turbulence, Outgo is now fully integrated into DAT One and operational, providing “fast, transparent payment services” for carriers.
💬 DAT’s Chief of Analytics Ken Adamo on LinkedIn:
“Early returns are strong... more to build, more to ship, more value to deliver. Let’s Truckin’ go!”
🔍 Key Takeaway:
While specifics remain sealed, this high-stakes conflict underscores how factoring and embedded fintech are becoming critical battlegrounds in freight tech.
Source: www.ttnews.com/ 👆
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