Trucking fuel card provider Comdata Inc. has agreed to a $3.45 billion acquisition by FleetCor Technologies Inc., another provider of fuel cards, which intends to expand its North American electronic fleet payment services.
August 13, 2014Business, Fuel
FleetCor to Buy Comdata for $3.45 Billion
Business
Freight Volume Rises 32% in July
The latest DAT report of spot freight market activity showed a 32% increase in freight volume in July from last year.
August 8, 2014Business
DAT Report Shows Loads Rise 7.5% for Week
The latest DAT report of spot truckload load volume showed a 7.5% increase during the week ended Aug. 2 from the previous week.
August 6, 2014Business
Spot Freight Rates Rise to Record, DAT Reports
Spot market freight activity declined in the holiday week ended July 5, but average dry van rates rose to an all-time high, according to the latest DAT Trendlines report.
July 10, 2014Business
Load Boards Show Flat Demand, Higher Rates
Spot market freight activity is softening modestly on a sequential basis, though rates paid to carriers continue to hit record levels, two load board operators said last week in separate reports.
June 27, 2014Business
DAT Report Shows Loads Rise 51% in April
The latest DAT report of spot freight market activity showed a 51% increase in freight volume in April from last year.
May 14, 2014Business
DAT Offers Web-Based Freight Brokerage Management System
DAT Solutions said it is offering a Web-based version of its Keypoint freight-brokerage transportation management system for a monthly subscription.
April 8, 2014Business
DAT Report Shows Loads Rise 83% in February
The latest DAT report of spot freight market activity showed an 83% increase in freight volume in February from last year to a new single-month record.
March 13, 2014Business
December Load-Board Activity Rises, DAT Says
Load-board activity in December rose 10%, led by refrigerated loads, capping two quarters of unusually strong seasonal volume, according to DAT, a load board owned by TransCore.
February 18, 2014Business, Fuel
Comdata Inc. Agrees to Pay $100 Million as Part of Settlement With Truck Stops
Fuel-card provider Comdata Inc. and three major truck-stop chains announced they have agreed to settle a class-action lawsuit alleging anticompetitive practices that resulted in higher processing fees for smaller truck-stop businesses.
January 27, 2014