Convoy now offers Convoy Factoring, a new payment service for carriers that provides same or next-day payment, without hidden fees or lock-in contracts.
FleetCor Technologies, Inc. has collected "hundreds of millions" in improper fees from its fleet customers since at least 2014, according to a civil complaint filed by the Federal Trade Commission against the Atlanta-based payment processor.
Online freight marketplace provider Transfix has expanded its product suite with the Transfix Factoring Program, offering carriers money up front and improved rates.
Fuel supplier Phillips 66 has signed a multiple-year contract to extend its relationship with payment provider WEX Inc. to provide private label and universal fleet card services, WEX has announced.
Fleet customers who use the Comdata MyFleet card have access to a new perk — national account pricing on truck, trailer and retread tires. More than 10,000 fleets with more than 100,000 trucks use MyFleet.
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