A transaction management and processing approach involves using timing-related aspects of transaction events to manage and process transaction-type information. According to an example embodiment of the present invention, a transaction management approach involves using a transaction processor arrangement to track transaction events with or as a function of timing characteristics. In one implementation, the timing between related transaction events for a particular transaction is tracked such that parties to the transaction can identify and monitor the timing. In another implementation, the timing between pickup and delivery events for a shipping transaction is identified and processed for use by parties to the transaction. With these and other approaches, the management, monitoring and processing of transactions is facilitated.