Uber Freight gives carriers new tools to fix their finances through partnership with Fleet Fintech leader AtoB
Partnerships give Uber carriers deep discounts, same-day payouts and more to keep their competitive edge
CHICAGO, 27 April 2023 /PRNewswire/ — Uber Freight today announced a payment partnership with AtoBthe first integrated fintech platform to modernize the fleet industry’s trillion dollar financial system.
Under the terms of the partnership, AtoB will provide powerful fintech tools to eligible Uber Freight carriers, allowing them to manage fuel purchases through the Uber Freight Carrier Card and access powerful cost management software integrated directly with Uber Freight’s product and platform. The partnership will give carriers the opportunity to save money, simplify logistics and outperform competitors. Benefits for carriers include:
- Exclusive fuel discounts at participating truck stops
- Free same-day payouts on Uber Freight loads for eligible carriers
- Accepted at all fuel retailers that accept Visa
- No annual or hidden fees
- Streamlined expense reporting and controls
- Build business credit with purchases
Uber Freight has built one of the world’s largest digital freight marketplaces and managed transportation networks, with approximately 100,000 digitally enabled carriers and thousands of shippers in its network. AtoB’s ground-breaking fintech payments platform provides drivers and fleet operators with user-friendly financial products, including full support for fleet transitions to electric fleets and next-generation clean fuels.
This partnership brings much-needed financial efficiency to the carrier business with no annual fees, the ability to build credit and the ability to manage all fuel expenses online with just one click. With the Uber Freight Carrier Card and fintech tools powered by AtoB, carriers have a deeply integrated product experience with onboarding, card management and fuel locator capabilities. Aligned with the real-time nature of today’s businesses, Uber Freight is constantly improving its product suite – bringing increased reliability, speed and transparency to the operator experience.
Uber Freight cardholders will have savings applied automatically, with the discount reflected on the customer’s weekly transaction report. Uber Freight customers can learn more about the easy-to-use, secure and flexible fuel card here.
“Carriers need innovative tools and solutions to build thriving businesses, maximizing their time and revenue potential on the road,” said Uber Freight CEO Lior Ron. “Since our inception, Uber Freight has brought much-needed transformation to the industry. We’ve introduced driver-first carrier solutions that improve the economics of truck ownership for the thousands of drivers on our platform. Now more than ever, carriers need a solution that simplifies economics, brings same-day payments to wallets and supports better cash flow management for the future.”
“We are proud to partner with Uber Freight to support their nationwide carrier network. This partnership demonstrates the strength and scalability of AtoB’s platform and products,” said AtoB CEO Vignan Velivela. “AtoB is aligning fleet economics with powerful banking, lending and credit tools that until now have been out of reach for many operators. This announcement is an important growth moment for both our company and fleet operators across the US.”
About Uber Freight
Uber Freight is a logistics platform and partner that is transforming global logistics for shippers and carriers of all sizes. Supported by a range of logistics solutions and services based on innovative marketplace technology, Uber Freight transforms entrenched practices around freight pricing and ordering, bringing reliability, flexibility and transparency to the movement of goods. With over 18 billion dollars FUM, Uber Freight has built one of the world’s most comprehensive logistics networks consisting of approximately 100,000 digitally enabled carriers and thousands of shippers, from small businesses to Fortune 500 companies, including AB Inbev, Nestle, Land O’Lakes and many more. For more, visit uberfreight.com.
About AtoB
AtoB was founded in 2020 with the mission to transform the fleet industry’s financial management infrastructure. AtoB’s pioneering fintech payment platform provides drivers and fleet operators with easy to use financial products such as fleet cards; immediate direct deposit pay; and access to savings tools to provide easy routing and network efficiency. AtoB is a member of the World Economic Forum’s Global Innovators Community and is on Forbes’ Next Billion-Dollar Startup 2022 list. For more information, visit atob.com.
SOURCE Uber Freight
