Live Breaking News & Updates on Industry Holds Significant Share

Trucking Industry Holds Significant Share in the Fuel Card Market
Fact.MR finds that undergoing digital transformation and environmental regulations have triggered adoption of fuel cards for optimizing fuel consumption among truck fleet operators. Fact.MR opines truck fleet operators currently account for nearly 70% transactional value of fuel cards globally.
Robust freight demand, triggered by the rapidly-growing e-commerce sector, has fueled the growth of the trucking industry around the world. As a result of increasing manufacturing output and discretionary spending, leading truck fleet operators have expanded in terms of fleet size and bulk fuel purchasing.
Fleet management teams have discovered the efficiency, simplicity, and productivity of fuel cards for accounting fuel expenses of the company. Leading players in the trucking industry are implementing digital fleet management systems, which involve the use of fuel cards, in order to improve profitability of thei ....

United States , United Arab Emirates , Rockville Pike , Sneha Bhosle , Us Sales Office , Market Research And Insights , Company Name , Research Solutions , Card Market , Market Research And , Contactless Payment Methods , Restrain Global Fuel Card Market , Near Term , Says Fact , For Sample , Industry Holds Significant Share , Fuel Card , Electric Vehicles Likely , Induce Shifts , Specific Research Solutions , High Level Payment Security Remains Focus , Emerging Growth Frontiers , Global Coatings Industry , Lakes Towers , United Arab , Release Distributed ,