payment solutions

Business payments company FLEETCOR Technologies Inc. reported EPS 19 cents above estimates for the fourth quarter.

“It’s pretty attractive compared to factoring as an alternative,” said Wolfe. “There’s no chargebacks.

“In some cases, a broker’s payment policy is more important than the rate it pays the carrier,” said Jason Kirkpatrick.

US Bank reports declines in freight payment transactions during the fourth quarter. The report signals an improvement on the horizon as truck capacity declines.

Technological change is requiring a fresh vision to help manage trucking operations. Here are three opportunities to take advantage of now.

Fleetcor modestly raises earnings guidance and says the acquisition pipeline has a couple of likely deals in the fuel, corporate payments and lodging segments.

WEX, Inc. (NYSE: WEX), a multi-channel provider of corporate payment solutions, reported earnings of $1.72 per share, down 9 percent year-over-year, but $0.03 per share higher than the consensus estimate. Additionally, the company increased earnings guidance for the year. Total revenue increased 8 percent to $381.9 million. Adjusted operating margin was 470 basis points lower […]

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.