WEX, Euclid AI target 90% reduction in trucking transaction costs
WEX and Euclid AI announced plans to offer trucking-specific AI agents that Euclid says have sharply reduced transaction costs in existing deployments.
WEX is expanding its use of artificial intelligence and digital payment technology for trucking fleets, announcing a partnership with Euclid AI on Tuesday aimed at automating back-office operations and reducing costs for over-the-road carriers.
The announcement came during the WEX OTR Summit in Jacksonville, Florida, where Cade Mund, senior director and head of product for WEX OTR, outlined the company’s technology roadmap for 2026 and 2027, including cardless fueling, modernized fleet management software and AI-powered purchasing tools.
Under the agreement, WEX (NYSE: WEX) and San Francisco-based Euclid AI will work together to bring AI agents designed specifically for trucking operations to WEX’s OTR customers.
Euclid said its technology has enabled fleet managers to handle five to 10 times more work while reducing costs per transaction by 80% to 90% in existing production deployments.
This story was originally published by FreightWaves. Read the full story at FreightWaves →
Conversation