FleetCor Technologies Inc., a global provider of fuel cards and workforce payment products to businesses, announced that it has acquired NexTraq, a U.S. based provider of telematics solutions to small and medium-sized businesses, from Francisco Partners.
FleetCor Acquires NexTraq
FleetCor Technologies Inc., a global provider of fuel cards and workforce payment products to businesses, announced that it has acquired NexTraq, a U.S. based provider of telematics solutions to small and medium-sized businesses, from Francisco Partners.
by Staff
October 31, 20131 min to read
Francisco Partners acquired NexTraq (then known as Discrete Wireless) in 2009.
NexTraq provides fleet operators with an internet-based system that enhances workforce productivity through real-time vehicle tracking, route optimization, job dispatch and fuel usage monitoring.
The business has grown subscribers over 20% annually over the past couple of years and has now reached 100,000 active subscribers. It has a recurring monthly fee revenue model.
More Equipment
Autonomous Start-Up Humble Announces Cabless Autonomous Electric Hauler
A new autonomous truck startup company is targeting yard, port, and short-haul freight with a lighter, fully autonomous platform designed for dock-to-dock moves.
Read More →
Top Green Fleets of 2026: Nomination Deadline Extended
Is your company a leader in sustainability efforts among trucking fleets? If so, Heavy Duty Trucking's editors want to hear from you.
Read More →
Kenworth Announces Reinforced Front Frame Option for T880 and T880S Models
Kenworth has released a factory-installed reinforced front frame option for T880 models, designed to simplify upfits, cut costs, and speed time to service.
Read More →
Stoughton Rolls Out PureBlue Reefer Trailer, Raises Safety Bar With 40-mph Rear Impact Guard
Stoughton’s new refrigerated trailer platform delivers double-digit efficiency gains while a next-generation rear impact guard exceeds current crash standards.
Read More →
New Lightweight Wheel Cover Targets Simpler Aero Gains [Watch]
Watch to learn how Deflecktor's new wheel cover design is taking a simpler approach to aerodynamics, with an eye toward making it more practical for both trucks and trailers.
Read More →
How Maxiloda’s Glide System Unlocks Hidden Trailer Capacity
By turning unused vertical space into usable capacity, Maxiloda’s Glide system helps fleets move more freight per trip while reducing loading risks and equipment damage.
Read More →
Deflecktor: Hubbub Aerodynamic Wheel Cover Cost-Effective Even for Trailers
Aerodynamic wheel covers can deliver small but meaningful fuel-economy gains for fleets, and Deflecktor says its latest design aims to make the technology easier and more affordable to deploy.
Read More →
Kenworth Revives Iconic 'TourAmerica' Paint Scheme
Kenworth’s new, limited-edition scheme celebrates trucking heritage while supporting a nationwide mobile museum tour.
Read More →
Ryder Joins International’s Autonomous Truck Pilot on Texas Freight Lane
Ryder and International take autonomous trucking out of the lab and onto a live, 600-mile Texas freight lane.
Read More →
FTR: Class 8 Orders Stay Hot in March Despite Monthly Dip
Fuel prices aside, Class 8 demand remains elevated as freight fundamentals improve and fleets regain confidence in long-term investments.
Read More →