AtoB

FreightTech Friday: FreightVana debuts fleet payment card; tech earnings in

Logistics provider FreightVana recently announced it has partnered with fintech provider AtoB to offer fleets a payment card and platform to manage driver spending over the road.

“The small carriers and owners just don’t have the benefits or purchasing power like their large competitors,” Shannon Breen, co-CEO and co-founder of FreightVana, told FreightWaves. “We can leverage our brand, our partnerships and our debt capabilities to reduce costs. … Anything we can do to pass along some savings...

https://www.freightwaves.com/news/freighttech-friday-freightvana-debuts-fleet-payment-card-tech-earnings-in

AtoB aims to boost commercial transportation efficiency with telematics

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AtoB, a fleet payments platform, is leveraging telematics and geolocation technology to give...

Casey’s General Stores, AtoB partner to offer fleet fuel discount

Casey’s General Stores Inc. is working with digital payments platform AtoB to offer the AtoB Visa fleet card.

AtoB cardholders can save 7 cents per gallon on all fuel purchases at Casey’s convenience stores across the country. Casey’s announced a similar fleet fuel card discount for Coast Visa card holders in October. 

“AtoB is expanding our strong partner network to better serve our fleet customers who are navigating fuel costs and seeking efficiency and savings,” AtoB CEO Vignan Velivela said...

https://www.freightwaves.com/news/caseys-general-stores-atob-partner-to-offer-fleet-fuel-discount

AtoB lays off 30% of employees after massive funding round

Just months after raising $155 million in a Series B funding round, San Francisco-based AtoB has laid off 30% of its employees.

“Today, we had to make the difficult decision to let a group of AtoB employees go in response to external economic headwinds and a broader restructuring we’ve undertaken to ensure the company delivers for our customers,” AtoB spokeswoman Elizabeth Ashford told SFGATE in a statement Tuesday. “The team members we said goodbye to today all made incredible contributions to...

https://www.freightwaves.com/news/atob-lays-off-employees-after-massive-fund-raise

Trucking fintech startup AtoB raises $155 million in Series B round

Trucking payments platform AtoB announced Wednesday it has raised $155 million in a Series B round led by Elad Gil and General Catalyst.

The funding is a combination of equity to scale its services over the next year, along with debt and customer acquisition cost financing to provide working capital to small fleet businesses, the company said in a news release. 

“AtoB is working to improve the lives of the operators and drivers who power the global economy,” Vignan Velivela, AtoB’s CEO and...

https://www.freightwaves.com/news/atob-raises-155-million-series-b

AtoB is revolutionizing the fuel card marketplace — just in time

Fleet cards are a vital tool for every fleet’s business, no matter their size. Today’s fleets rely on the fueling insights, fraud detection and discounts provided by modern fuel cards.

In the current unstable economic climate, every gallon of fuel used and every cent spent matters to the bottom line. Inflated fuel prices and low spot rates have pushed fleet owners everywhere to crunch the numbers on finding the best tools for their fleet.

As selecting the best fuel card offering has become more...

https://www.freightwaves.com/news/atob-is-revolutionizing-the-fuel-card-marketplace-just-in-time

How to save on fuel costs as diesel prices surge

As diesel fuel prices have continued to rise since the start of the year, fleets of all sizes are grappling with the combined pressure of increased operations costs and the challenges of the current market volatility.

“Across the board, transportation professionals are facing tougher markets and more difficult cash flow. That’s a reality of modern trucking that isn’t going away anytime soon,” Tyler Raugh, head of business development and strategic sales at trucking payments platform AtoB, said.

Ma...

https://www.freightwaves.com/news/how-to-save-on-fuel-costs-as-diesel-prices-surge