AtoB, a new entrant to the fleet card industry, is disrupting the traditional fuel card model with its no-hidden-fee, universal approach, putting the power back into carriers’ hands
AtoB offers fuel discounts at over 99% of fuel trucks and gas stations, with no limit on the number of discounted gallons drivers can purchase, and no hidden fees.
Fleetcor’s reported first-quarter earnings Thursday include a steady retention rate of 93%.
Load factoring rates as low as 0% and fuel card savings of 63 cents per gallon are among the new benefits Convoy is offering trucking companies and owner-operators.
Fleetcor modestly raises earnings guidance and says the acquisition pipeline has a couple of likely deals in the fuel, corporate payments and lodging segments.
In partnership with Reliance Partners …Payment solutions have evolved over time, from being cash-based in the 1950s to now using data analytics and AI over data streams coming out of fuel cards, to provide better safety and security to fleets and drivers.
FleetCor Technologies (NYSE: FLT), which provides fuel cards and workforce payment products and services, beat Wall Street’s consensus estimates for its fourth quarter earnings.
A truck driver probably isn’t going to choose which company to drive for based on a fuel card, but the cards are becoming a more important tool than ever before as part of the experience that more fleets are selling to attract and retain drivers.
The Uber Freight Plus fuel card provides up to 20 cents off per gallon at TA/Petro fuel stations for users, who also will receive maintenance and phone discounts in the program.
