Fuel card provider Comdata bought for $3.45B

Aug 13, 2014

Updated Aug 14, 2014

Fleet, virtual card and gift card payment system service Comdata has been sold to FleetCor Technologies from Ceridian LLC for $3.45 billion. The deal is expected to close in December.

FleetCor also provides fuel cards and workforce payment products to businesses.

Comdata has about 1,300 employees, 20,000 customers and makes about $54 billion in payments each year.

Overdrive sister site CCJ has the full story. Click here to see it.

MRL Transport owner Mark Ledford today hauls direct freight outbound for customers in part built from his years of ownership of another fleet, since sold after years of growth. MRL in some ways is Ledford's effort to right-size a business for his life today.

Right-sizing for management: MRL Transport owner Mark Ledford hits five trucks

Ledford got his start trucking after working a dock where his manager said Ledford would never drive truck. Not only would he drive, he'd grow a fleet well beyond 30 trucks before selling out. MRL Transport is his second turn in the barrel, and Ledford's hit a profitability sweet spot.

Small-biz trucking success, with family assist: The woman behind owner-operator Jason Shelly

Trucks Cars Highway Adobe Stock 180348823

FMCSA, other agencies update timelines for bevy of in-progress regs

The Small Fleet Championship's title belts are on the line for this year's competition, both to be delivered to a final winner in two categories after the final round October 23 in Nashville, Tennessee.

Meet Overdrive's 2025 Small Fleet Champ semi-finalists

BlueParrott S650-XT Bluetooth Headset

Small-biz trucking success, with family assist: The woman behind owner-operator Jason Shelly

More episodes »