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Comdata has been processing corporate payments for almost 50 years, with specialized tools for trucking and other fleets to buy fuel and pay drivers through a proprietary fuel card acceptance network. But its next chapter could be its toughest.
Four years ago Brentwood, Tenn.-based Comdata was absorbed by FleetCor, a holding company that has been rapidly expanding over the last 18 years by snapping up other payments companies, beginning with single regional fleet card operation called Fuelman in 2000.
Read full article » http://www.paymentssource.com/news/how-truck-drivers-forced-comdata-to-modernize
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