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...
Truckin Digital added an integration with Intuit QuickBooks Online to its enterprise resource planning (ERP) Software-as-a-Service (SaaS) cloud solution for trucking companies. By combining with Intuit’s online accounting software, Truckin Digital offers a connection between dispatch operations and financial management that eliminates the need for...
FedEx is reportedly expected to spin off its Freight unit after it conducts an assessment of the future of that business unit. The company’s Freight unit, which is the largest operator in the less-than-truckload (LTL) sector, could bring a windfall to FedEx shareholders if it...
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...
June 20, 2024
Cash flow is the lifeblood of any business. That’s why many of the most exciting innovations within payments are aimed at helping businesses build better balance sheets and support healthy growth. And with the advent of instant payments, the first new domestic payments rail in half a century, there is a new — and better […]
May 28, 2024
Who doesn’t like getting paid instantly? According to PYMNTS Intelligence data, roughly a third of all U.S. consumers now select instant payouts when they are available, and even more tellingly,...
May 28, 2024
There’s no shortage of complexities when it comes to the business relationship between buyers and sellers. There are payment methods, terms, timelines and compliance issues, to name just a few. Add economic...
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....
September 19, 2024
Transportation industry payments solution provider AtoB has raised $130 million in equity and debt funding. The Series C round was led by General Catalyst and Bloomberg Beta with participation from Mastercard and trucking and logistics industry players, the company said in a Thursday (Sept. 19) news release. “Trucking is one of the largest occupations in the US, with small and medium-sized trucking businesses […]
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...
July 15, 2024
Truckin Digital added an integration with Intuit QuickBooks Online to its enterprise resource planning (ERP) Software-as-a-Service (SaaS) cloud solution for trucking companies. By combining with Intuit’s online accounting software, Truckin...
June 26, 2024
FedEx is reportedly expected to spin off its Freight unit after it conducts an assessment of the future of that business unit. The company’s Freight unit, which is the largest...
