Transflo Names Ray Morel Chief Financial Officer

TAMPA, Fla.--(BUSINESS WIRE)--Transflo, a leading provider of mobile, telematics, and AI-driven workflow automation solutions for the transportation industry, today announced the appointment of Ray Morel as Chief Financial Officer.

A seasoned financial executive with extensive experience across private equity-backed SaaS, fintech, healthcare, and technology organizations, Ray brings a proven track record of driving growth, operational excellence, and value creation. Throughout his career, he has led finance organizations through periods of rapid expansion, strategic transformation, and successful exits, partnering closely with executive leadership teams to scale businesses and deliver long-term results.

In his new role, Ray will lead Transflo's financial strategy, planning, and operations as the company continues to grow its cab to cash platform, serving carriers, brokers, freight factors, and shippers across North America.

"We're entering an exciting phase of growth for Transflo, and Ray brings exactly the combination of strategic financial leadership and operational discipline that will help us scale for the future," said Renee Krug, CEO of Transflo. "He understands what it takes to build enduring, high-performing organizations, and we're thrilled to welcome him to the leadership team."

"Transflo has built a platform that carriers, brokers, and factors genuinely trust," said Ray Morel. "I'm looking forward to partnering with the leadership team to strengthen that foundation as we continue to grow, invest in innovation, and help our customers navigate what's ahead with confidence."

Ray joins Transflo at a pivotal time as the company continues to expand its AI-driven automation capabilities and invest in technology that helps transportation companies simplify operations, improve productivity, and accelerate cash flow.

About Transflo

Transflo is the leading provider of AI-powered mobile, telematics, and workflow automation solutions for the transportation industry in North America. Transflo's cab to cash platform delivers real-time connectivity for fleets, brokers, factors, shippers, and commercial vehicle drivers, digitizing more than 800 million shipping documents annually and supporting approximately $115 billion in freight bills.