Payments solutions provider WEX teamed with Euclid AI, a provider of agentic artificial intelligence solutions for the trucking industry, according to a Tuesday (Oct 27) press release.
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The collaboration is designed to bring AI agents to WEX’s over-the-road (OTR) customers to help them save time and money, the release said.
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“Our customers are looking for practical ways to take cost and complexity out of running a fleet, and AI agents built specifically for trucking are a significant step forward,” Tim Hampton, senior vice president and general manager for the WEX OTR business, said in the release. “Euclid AI builds agents for operations where carriers need it the most. This important collaboration extends how WEX supports carriers beyond our own products.”
AI is a “business imperative” for fleet operators, according to the release. The technology helps streamline compliance, paperwork processing, and keeping drivers and customers informed.
Euclid’s AI agents have allowed fleet managers to handle five to 10 times more work and have reduced cost per transaction by 80% to 90%, letting carriers scale without adding costs, the release said.
“We’ve already delivered major results for the largest carriers in the country,” Euclid AI CEO Ahmad Kakar said in the release.
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