The Car and Truck Fleet and Leasing Management Magazine

EFS Transportation Services Are Strengthened by Western Union Merger

June 1, 2004

First Data’s merger with Concord EFS provides fuel, cash, and payroll services to the trucking industry through the newly acquired EFS Transportation Services. EFS Transportation Services, a subsidiary of First Data and a new member of the Western Union family of businesses, is an electronic commerce provider and a fuel card provider, offering fuel, cash and payroll management to long-haul trucking companies. EFS offers a variety of products and services that provide convenience to the long-haul trucking industry:

  • Universal Fuel and Payroll Offering: EFS offers a single card for fuel purchases, as well as driver payroll. This allows a driver to access payroll funds through ATMs, cash advance, PIN based debit or simply have them deposited into a hometown bank account.
  • Owner/Operator Fuel Card: This program offers trucking companies a way to make funds available electronically to independent contractors. Settlement funds are placed on a card that can be used to purchase fuel, meals or make pin-based debit purchases. Additionally, owner operators can access funds through ATM machines or pay bills through the Transcheck paper check product.
  • Online Fuel Management Services: EFS provides a comprehensive, Web-based fuel management service that, each time a card is swiped, analyzes a fleet’s fueling data. This system helps determine if a more intelligent purchase could have been made based on price and similar location. This analysis allows businesses to create a cost-sensitive fuel network for their fleets by advising the fleet of lower-priced fuel locations.
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