Trucking news and briefs for Tuesday, Dec. 3, 2024:
PDI Technologies acquires Comdata Merchant Solutions business
PDI Technologies has acquired Comdata Merchant Solutions from Comdata's parent company, Corpay Inc. (NYSE: CPAY). The transaction includes the Point of Sale (POS) hardware, software, and systems that enable transactions at the site level for truck stops and unattended commercial fueling locations.
Terms of the deal were not disclosed.
Comdata will retain operations of its truck stop payment acceptance network, including the fuel cards issued to trucking companies and the technology that accepts transactions at truck stop retailers, which were not included in the acquisition. As part of the deal, PDI will become an approved provider of Comdata transactions across the PDI POS solutions.
"PDI's integration with Comdata Merchant Solutions will allow us to deliver a more comprehensive and efficient POS solution, ultimately benefiting both convenience retailers and their customers," said Brad McGuinness, Senior Vice President and General Manager, POS Solutions, PDI Technologies. "We see immense potential in both the exceptional technology and the deeply knowledgeable people at Comdata Merchant Solutions, and we look forward to adding them to our growing portfolio and team."
International names new CFO
Samara Strycker has been appointed International Motors executive vice president and chief financial officer (CFO), effective Feb. 1, 2025. She succeeds Do Young (DY) Kim, who was announced as the executive vice president and CFO of Scania Group last week.
Strycker most recently served as senior vice president, corporate controller and treasurer at International. She led post-merger finance integration activities, bringing together cross-cultural teams to share best practices and drive enhanced teamwork. She was previously regional controller, Americas, and assistant controller of General Electric Healthcare ("GE Healthcare").
Barr-Nunn a Top Pay Carrier for record 20th time
Barr-Nunn Transportation, a subsidiary of Knight-Swift Transportation (CCJ Top 250, No. 4) has been certified as a Top Pay Carrier by The National Transportation Institute for the twentieth consecutive year – the first and only company to receive this designation for 20 years.
The National Transportation Institute, the industry's authority on surveying and reporting of professional truck driver and technician wages, awards Top Pay Carrier certification to companies who lead their peers in compensation, excel in offering robust health and retirement benefits, provide rewarding career paths, and who operate safely with long-term stability.
