EFS to Take Over TransCore Fuel-Card Service

March 20, 2002 9:40 AM, EST

Within the next couple of weeks, EFS Transportation Services’ cashless fuel payment program will take over the customer base that had been using TransCore Inc.’s third-party fuel card service, Ryan Ramey, EFS senior vice president, told Transport Topics.

The Memphis, Tenn.-based subsidiary of Concord EFS Inc. already operates the second-largest cashless payment network for the trucking industry, with an estimated 18% in 2001.

Market leader Comdata Corp.’s ComChek fuel card is used by about 65% of cardholders.

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