RXO Launches Prepay Fuel Option for Carriers
RXO, a leading asset-light transportation solutions provider, has launched a prepay capability for its RXO Fuel Card. This new feature allows drivers to preload funds using personal credit or debit cards, enabling better fuel spend planning and budget management. The pay-as-you-go option offers quick approval, no setup fee, and access to RXO's Fuel Card discounts.
Carriers can access the prepay interface through RXO Connect™, the company's proprietary platform. The RXO Fuel Card provides an average discount of $0.48 per gallon and is accepted at over 9,000 locations nationwide without minimum gallon requirements. Additionally, fuel card members can benefit from the RXO Extra discount marketplace, offering savings on maintenance services and tires.
RXO, un leader nei soluzioni di trasporto a basso costo, ha lanciato una funzionalità di prepagamento per la sua RXO Fuel Card. Questa nuova opzione consente ai conducenti di ricaricare fondi utilizzando carte di credito o debito personali, migliorando la pianificazione delle spese per il carburante e la gestione del budget. L'opzione pay-as-you-go offre approvazione rapida, nessuna spesa di attivazione e accesso agli sconti della RXO Fuel Card.
Le compagnie di trasporto possono accedere all'interfaccia di prepagamento attraverso RXO Connect™, la piattaforma proprietaria dell'azienda. La RXO Fuel Card offre un sconto medio di $0,48 per gallone ed è accettata in oltre 9.000 punti vendita in tutto il paese senza requisiti di acquisto minimo. Inoltre, i membri della fuel card possono beneficiare del mercato degli sconti RXO Extra, che offre risparmi su servizi di manutenzione e pneumatici.
RXO, un proveedor líder de soluciones de transporte sin activos, ha lanzado una capacidad de prepago para su RXO Fuel Card. Esta nueva función permite a los conductores cargar fondos utilizando tarjetas de crédito o débito personales, lo que facilita una mejor planificación del gasto en combustible y gestión del presupuesto. La opción de pago por uso ofrece aprobación rápida, sin tarifa de configuración, y acceso a descuentos de la RXO Fuel Card.
Los transportistas pueden acceder a la interfaz de prepago a través de RXO Connect™, la plataforma propietaria de la compañía. La RXO Fuel Card proporciona un descuento promedio de $0.48 por galón y se acepta en más de 9,000 ubicaciones en todo el país sin requisitos de compra mínima. Además, los miembros de la tarjeta de combustible pueden beneficiarse del mercado de descuentos RXO Extra, que ofrece ahorros en servicios de mantenimiento y neumáticos.
RXO는 자산 경량 교통 솔루션 제공업체로서 RXO Fuel Card에 선불 기능을 출시했습니다. 이 새로운 기능은 운전자가 개인 신용 카드 또는 직불 카드를 사용하여 자금을 미리 로드할 수 있도록 하여 연료 지출 계획 및 예산 관리를 개선합니다. 사용한 만큼 지불하는 옵션은 빠른 승인, 설정 수수료 없음, RXO의 Fuel Card 할인에 대한 접근을 제공합니다.
운송업체는 회사의 독점 플랫폼인 RXO Connect™를 통해 선불 인터페이스에 접근할 수 있습니다. RXO Fuel Card는 갤런 당 평균 $0.48 할인을 제공하며, 최소 갤런 요구 사항 없이 9,000개 이상의 위치에서 사용 가능합니다. 또한, 연료 카드 회원은 RXO Extra 할인 시장의 혜택을 받아 유지 보수 서비스 및 타이어에 대한 절감을 누릴 수 있습니다.
RXO, un fournisseur leader de solutions de transport à faible coût, a lancé une capacité de prépaiement pour sa RXO Fuel Card. Cette nouvelle fonctionnalité permet aux conducteurs de précharger des fonds en utilisant des cartes de crédit ou de débit personnelles, facilitant ainsi la planification des dépenses en carburant et la gestion du budget. L'option de paiement à l'utilisation offre une approbation rapide, aucune frais d'installation et un accès aux réductions de la RXO Fuel Card.
Les transporteurs peuvent accéder à l'interface de prépaiement via RXO Connect™, la plateforme propriétaire de l'entreprise. La RXO Fuel Card offre un rabais moyen de 0,48 $ par gallon et est acceptée dans plus de 9 000 points de vente à l'échelle nationale sans exigence de gallon minimum. De plus, les membres de la carte de carburant peuvent bénéficier du marché des réductions RXO Extra, offrant des économies sur les services d'entretien et les pneus.
RXO, ein führender Anbieter von transportlösungen mit geringem Kapitaleinsatz, hat eine Prepaid-Funktion für die RXO Fuel Card eingeführt. Diese neue Funktion ermöglicht es Fahrern, Gelder mit persönlichen Kredit- oder Debitkarten vorauszuladen, was eine bessere Planung der Kraftstoffausgaben und des Budgets ermöglicht. Die Bezahloption nach Verbrauch bietet schnelle Genehmigung, keine Einrichtungskosten und Zugang zu den Rabatten der RXO Fuel Card.
Frachtführer können über RXO Connect™, die hauseigene Plattform des Unternehmens, auf die Prepaid-Oberfläche zugreifen. Die RXO Fuel Card bietet ein durchschnittliches Rabatt von $0,48 pro Gallone und wird an über 9.000 Standorten im ganzen Land ohne Mindestanforderungen akzeptiert. Zusätzlich profitieren Mitglieder der Tankkarte vom RXO Extra Rabattmarkt, der Ersparnisse bei Wartungsdiensten und Reifen bietet.
- Introduction of prepay capability for RXO Fuel Card, enhancing budget management for carriers
- Quick approval process and no setup fee for the pay-as-you-go option
- Average fuel discount of $0.48 per gallon
- Wide acceptance at over 9,000 locations nationwide
- Access to RXO Extra discount marketplace for additional savings
- None.
Insights
RXO's launch of a prepay fuel option for carriers is a strategic move, but its immediate financial impact is likely minimal. While it may enhance carrier satisfaction and potentially attract more drivers to RXO's network, the direct revenue impact is not substantial. The average fuel discount of
This new prepay feature addresses a important pain point for carriers - fuel cost management. By offering flexibility in fuel payments and budgeting, RXO is positioning itself as a carrier-friendly platform in a market where driver retention is critical. The integration with RXO Connect™ enhances the company's ecosystem, potentially increasing platform stickiness. The wide acceptance at over 9,000 locations without minimum gallon requirements is a significant advantage. This move aligns with industry trends towards digital solutions and financial flexibility for drivers. While not revolutionary, it's a smart, incremental improvement that could help RXO maintain or slightly improve its competitive position in the asset-light transportation sector.
Carriers can preload funds to the RXO Fuel Card using their personal credit or debit card. Additionally, the new pay-as-you-go option has a quick approval process, no setup fee and allows drivers to take advantage of RXO’s Fuel Card discounts. Carriers can easily access the prepay interface via RXO Connect™, RXO’s proprietary platform for shippers and carriers.
“RXO is committed to providing our carrier network with solutions that make their business more efficient and profitable,” said Lou Amo, president of RXO’s truck brokerage business. “The prepay capabilities give carriers added flexibility to save even more on a significant cost component of their business.”
Other benefits of RXO’s Fuel Card include fuel discounts, with an average of
For more information on RXO and the RXO Extra™ marketplace, visit https://rxo.com/rxo-extra/.
About RXO
RXO (NYSE: RXO) is a leading provider of asset-light transportation solutions. RXO offers tech-enabled truck brokerage services together with complementary solutions including managed transportation and last mile delivery. The company combines massive capacity and cutting-edge technology to move freight efficiently through supply chains across
View source version on businesswire.com: https://www.businesswire.com/news/home/20240828930206/en/
Media
Erin Kelly
erin.kelly@rxo.com
Source: RXO
FAQ
What new feature has RXO (NYSE: RXO) launched for its Fuel Card?
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