Fleet Management news and trends

Coast Raises $40 Million to Expand Solutions for Fleet Payments

July 18, 2024
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Fleetio Adds On-Site Fuel Management to Fleet Maintenance Software
Transportation // July 16, 2024

Fleetio has added two new integrations to its fleet maintenance management software. These integrations with FuelCloud and Fill-Rite will help businesses with on-site bulk tank fueling streamline fuel management, gain insights and optimize fleet fueling operations, the company said in a Tuesday (July 16) press...

Ryder Expands Mobile Maintenance Fleet Services With Pit Stop Acquisition
Acquisitions // July 15, 2024

Ryder System plans to expand its retail mobile maintenance offering with an acquisition of Pit Stop Fleet Service. The company entered into an agreement to acquire Pit Stop and expects to complete the transaction by Aug. 1, subject to customary closing conditions, Ryder said in...

FleetUp and RoadFlex Create Integrated Fleet Expense Management Solution
B2B Payments // July 02, 2024

FleetUp and RoadFlex have integrated their solutions to automate fleet expense management and fuel management, from data collection to reporting. Together, their fleet management solutions help fleet owners and administrators streamline their operations, the companies said in a Tuesday (July 2) press release. “By integrating...

Motive Debuts ‘Missed Savings’ to Help Fleets Cut Fuel Costs
Credit Cards // June 26, 2024

Fleet management platform Motive is offering its card customers a new way to cut fuel costs. Missed Savings for Motive Card customers is what the company described as an “industry-first” feature that lets users reduce fuel costs by 5% or more, according to a Wednesday...

Interviews & Exclusives
93% of Truck Drivers Want Instant Payments

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 […]

Fleet Sector Travels From Closed-Loop to Future-Ready

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...

AtoB CEO: Push-to-Card Payouts Become Banking Platform for Independent Truckers

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...

RoadSync CEO Says Paper Checks Taking a Back Seat When Drivers Get Paid

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...

Quick Reads
Coast Raises $40 Million to Expand Solutions for Fleet Payments

July 18, 2024
Coast has raised $40 million in new Series B financing to accelerate adoption of its solutions for fleet payments. The company will use the new funding to grow its team, develop its product and partnerships, and expand to other financial services needed by business customers, Coast said in a Thursday (July 18) press release. Its […]

Ryder Expands Mobile Maintenance Fleet Services With Pit Stop Acquisition

July 15, 2024
Ryder System plans to expand its retail mobile maintenance offering with an acquisition of Pit Stop Fleet Service. The company entered into an agreement to acquire Pit Stop and expects...

FleetUp and RoadFlex Create Integrated Fleet Expense Management Solution

July 02, 2024
FleetUp and RoadFlex have integrated their solutions to automate fleet expense management and fuel management, from data collection to reporting. Together, their fleet management solutions help fleet owners and administrators...

Motive Debuts ‘Missed Savings’ to Help Fleets Cut Fuel Costs

June 26, 2024
Fleet management platform Motive is offering its card customers a new way to cut fuel costs. Missed Savings for Motive Card customers is what the company described as an “industry-first”...