Fleet Cards, Fueling 2020 and Beyond!

2020 was a turbulent year for the truck and transportation industry. The pandemic created manufacturing constraints and supply chain issues which led to significant trucking and transportation job losses from March to April 2020, but the industry is closing in on a full recovery to pre-pandemic levels. As demand for trucking continues to grow, fleet card companies will gain a significant amount of revenue from fuel spending. As I wrote in my recent report, On the Road to Recovery: U.S. Fleet Card Market Sizing and Forecast, 2020-2025, most of the fleet card industry is comprised of cards that exist on a closed-loop network-which is [...]