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TAG SEARCH RESULT: fuel management

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March 2, 2018

Q. Do you expect the future of fuel cards to be in mobile payment or in embedded vehicle payment?

A. I think you will get both. It’s going to take a lot of time to change to just one solution...

March 2, 2018

Q. How do you see the market for fuel card services evolving over the coming years in terms of partner programs?

A. I think you see most oil companies focus on what they’re good at...

March 2, 2018

Q. When will the industry move to 100% chip-enabled cards?

A. Not any time soon. There’s a deadline of 2020, but...

February 12, 2018

Q. What is WEX’s position in the fleet market?

A. Established in 1983, we are an industry leader known for developing technology that pioneered the closed-loop, proprietary fuel card network...

February 12, 2018

Q. How large are you in the fleet business today?

A. We have 10.5 million WEX fuel cards in circulation worldwide...

February 12, 2018

Q. What kind of tools do you give fleet managers to optimize fuel consumption?

A. We start off with basic levels of consumption: usage, trends, when they’re buying, where they’re buying. Then we’ll drill down a bit deeper to say...

February 1, 2018

How Telematics Impacts Fleet Fuel Management

While technology, such as telematics, will help fleet managers monitor fuel management, other upcoming technological advancements may sway the way fuel management as a whole is managed in the future.

January 16, 2018

Q. What are the newest data analytics tools in fuel management?

A. Data visualization is probably the hottest trend in fuel management right now...

December 20, 2017

U.S. Bank Voyager Partners with Fuel Distributor

U.S. Bank Voyager has formed a partnership with fuel distributor Pinnacle Petroleum, the bank has announced.

December 11, 2017

GM Enables Fuel Purchases From the Dashboard

Drivers of General Motors vehicles will be able to purchase Shell fuel and other products or services from their dashboard using a new digital platform known as GM Marketplace, the automaker has announced.

November 1, 2017

Operating Costs Remain Flat for Fifth Consecutive Year

Fleet operating costs remained stable in CY-2017, primarily due to the lower volatility of fuel prices. But, there is upward pressure on maintenance labor rates and higher commodity prices that will impact the cost of replacement tires.

October 31, 2017

Fuel Card Fraud Is on the Increase

Since 2016, there has been an ongoing uptick in fuel card fraud. In light of this, it is important for companies to develop a fraud prevention strategy addressing misuse, slippage, and outright fraud.

June 21, 2017

Forecast Is for Fuel Prices to Remain Low for the Foreseeable Future -- Maybe Longer

Conventional wisdom in the fleet market is often wrong. If we roll back the calendar, the conventional wisdom about fuel prices was that there would be ebbs and flows in price per gallon rates, but the overall price trajectory would trend upward. The flaw with conventional wisdom is that it only works when no new variables are inserted into future projections. A case in point is the shale oil revolution, which now has experts predicting oil prices will remain flat for the foreseeable future.

June 14, 2017

WEX Partnering with Gas Buddy on Fuel Data Pact

WEX Inc. will offer crowd-sourced fuel station location information to consumers as part of a new partnership with smartphone app GasBuddy under a strategic partnership focused on the retail gasoline market for consumers.

March 13, 2017

Derive Efficiency Hosts Track Day

On March 3, Derive Efficiency hosted a track day for public and private fleets and the media, showing the differences in performance between a stock vehicle and one calibrated for optimum efficiency.

February 15, 2017

Jaguar, Shell Offer In-Car Fuel Payments

Jaguar will offer an in-car payment app in three 2018 model year vehicles that will allow drivers to pay for fuel through the vehicle's dashboard touchscreen at Shell service stations, the automaker announced.

February 14, 2017

State-of-the-Art Fleet Technology: Fuel

Fuel is perennially one of the top fleet expenses. Thanks to an array of technology, fleet managers now have the means to get the most fuel for their dollars.

December 16, 2016

Orpak Acquires Brazilian Fuel Management Company

Orpak Systems, a solution and service provider for retail gas stations and commercial fleets, has acquired Brazilian fiscal fuel station management software provider Microsffer.

November 18, 2016

Operating Costs Flat for Fourth Consecutive Year

With fuel representing 60% of a fleet’s total operating costs, lower fuel prices are keeping overall fleet costs flat. Also, vehicle build quality is high, curbing maintenance costs, and lower commodity prices have stabilized tire prices.

November 11, 2016

WEX Identifies Fuel Overspending by Industry

Retail industry drivers purchase more premium fuel and higher-priced fuel on average than other industries, while telecommunications, insurance and government fleets keep overspending in check, according to data from WEX Inc.


Fleet Incentives

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Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

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Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

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Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

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