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Comdata

Comdata Seeks to Raise $855M In Financing

Payment processor Comdata is seeking to raise $855 million in debt financing as part of a plan to retire some of its parent company's debt ahead of the Comdata initial public offering.

Comdata Acquires Fuel Management Vendor

Fleet fuel-card supplier Comdata Inc. has acquired eFueling Technologies, a fuel management company owned by Woodfin Oil Company and based in Austin, Texas.

Introducing FleetAdvance from Comdata

Smart fuel decisions can result in significant savings for your fleet. However, when you analyze fuel purchases, drivers could have found a lower price 54% of the time.

High-tech Savings at the Fuel Island

Truckstop operators have always used technology to meet customer needs and remain competitive. From relatively low-tech devices such as pay phones and fax machines to high-tech services such as wireless Internet access, shore power connections and smart phone apps, truckstops remain places drivers can connect — with both the office and home.

The Evolution of Fuel Management

Advancements in technology have significantly impacted the ability for fleet managers to track fuel use and spending to make their operations more efficient and cost-effective.

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