Whether it’s a delivery service rushing to fulfill orders, a construction crew on a project or a catering company prepping for a weekend event, all these businesses rely on fleets of vehicles to keep their operations running smoothly. However, managing these fleets poses a significant challenge....
Where an industry goes tomorrow is a step-function from where it is today. And this is particularly true within the fleet management ecosystem, where traditional payment methods like fuel cards remain, by far, the most common payment scenario. Increasingly, addressing the challenges of traditional fleet...
Fuel and fleet spending management firm Coast has raised $92 million in new capital. The funding round includes $25 million in equity capital from investors such as BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, as well as newcomer Vesey Ventures, Coast said in a...
Transportation management system provider BeyondTrucks has launched a partnership with cloud platform Samsara. The collaboration, announced Wednesday (March 13), lets clients of the two firms equip dispatchers, drivers and fleet managers with access to asset and operational data, allowing them to enhance visibility, fleet efficiency and decision-making capabilities. “Currently,...
May 15, 2024
Truck drivers help keep the supply chain functioning, but the turnover rate is high in the industry — a reality that can have ripple effects across the entire U.S. economy. PYMNTS Intelligence’s “Generation Instant: How Truckers Use Instant Payments to Support Their Lifestyles” revealed that one key contributor to the high turnover is that, in […]
April 16, 2024
Where an industry goes tomorrow is a step-function from where it is today. And this is particularly true within the fleet management ecosystem, where traditional payment methods like fuel cards...
February 05, 2024
AtoB CEO Vignan Velivela told Karen Webster that slow payments represent a “silent tax” on fleet management in general, and on the truckers behind the wheel, specifically. Paper checks still...
October 23, 2023
It’s hard to name a more vital component of the economy than the logistics industry. However, it’s just as hard to name a more challenging and fragmented payment landscape than...
March 21, 2024
Fuel and fleet spending management firm Coast has raised $92 million in new capital. The funding round includes $25 million in equity capital from investors such as BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, as well as newcomer Vesey Ventures, Coast said in a Thursday (March 21) news release. Additionally, $67 million in committed […]
March 13, 2024
Transportation management system provider BeyondTrucks has launched a partnership with cloud platform Samsara. The collaboration, announced Wednesday (March 13), lets clients of the two firms equip dispatchers, drivers and fleet managers with access to...
February 26, 2024
A new trial in Australia is set to test roads that wirelessly charge electric trucks as they drive, potentially revolutionizing the trucking industry. The $8.2 million Australian dollar (about $5.4...
February 20, 2024
Comdata has added a “pay-as-you-go” funding feature to its Connect Card for truck fleets. This feature allows users to pay with their credit or debit card or bank account, while still receiving...