Partnerships / Acquisitions

FLEETCOR’s Comdata Teams With Uber Freight

FLEETCOR Technologies, a provider of commercial payment solutions, announced news on Wednesday (March 21) of a partnership with Uber Freight, as part of Uber Freight’s new Uber Freight Plus program.

In a press release, FLEETCOR said the Uber Freight Plus program enables Uber Freight mobile app users to access discounts on fuel, maintenance and tires via a prepaid card or credit card. The Uber Freight Fuel Card is being powered by Comdata, which is a FLEETCOR company.

“The Comdata-powered Uber Freight Fuel Card, a key component of the Uber Freight Plus program, will help trucking companies of all sizes save big on key operational costs, like fuel and tires,” said Bill Driegert, director of Uber Freight in the press release. “We will continue to collaborate with Comdata to match the growing needs of these trucking businesses.”

Uber Freight has a free app that connects trucking companies with the loads they’re hauling. Uber Freight chose Comdata because it’s a trusted provider in the industry, has the ability to provide a broad network acceptance and can administer discounts for fleets and drivers, FLEETCOR said in the press release.

“This was a natural fit for us, as both companies are aligned to help trucking companies, big and small, run and grow their businesses,” said Greg Secord, president of Comdata North America Trucking (NAT). “We are delighted Uber Freight has chosen Comdata as their fuel card partner of choice and look forward to working closely together.”

The deal with Uber Freight isn’t the only partnership FLEETCOR announced this month. In early March, it entered a pilot program with enterprise blockchain solution firm Ripple and Cambridge Global Payments, the international payments provider focused on B2B and owned by FLEETCOR.

The companies said in a release that under the terms of the agreement with Ripple, Cambridge — which processes more than $20 billion in B2B cross-border payments annually across 13,000 business clients — will pilot using XRP (the digital asset of the XRP ledger) across payment flows through Ripple’s xRapid solution.

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