Search Close Menu

Fleet FAQ

Fleet FAQ? Fuel Management

Q. Does WEX have to move beyond payments in order to secure its position in the future connected car landscape?

A. Vehicles will always need to be fueled. That may be through traditional gas and diesel, alternative fuels, electricity. We will need some mechanisms to activate, capture, bill and report those transactions. If you think about the connected car world, there are probably a lot of integration points we explore today to see how the payment mechanism is tied to the vehicle. The OTR market is somewhat advanced. They have some of the Tier 1 truck shops that, as you drive through the line, use RFID to import information from your vehicle and activate the pump for you. It knows the controls you’re allowed. You just walk off with your truck and you’re done. So it has got all the information. But this is a very isolated example. It is very different to pull up to a fueling location that has 12 pumps all within 20 feet of you. Which pump are you going to turn on? What data are you going to capture? But we know that things will change with technology, and we will figure out a way to do that. At some point, it may just be right in the vehicle. And there’s also the opportunity to tie the vehicle to a mobile device. What I want as an employee and a fleet manager is for that to be integrated all together.

Expert Bio

Answered by : Bernie Kanavagh from WEX

Senior Vice President and General Manager

A 27-year fleet professional, Bernie Kavanagh currently serves as Senior Vice President and General Manager of Large Fleet at WEX Inc. He joined the company in 1996 and his career has been a steady progression of increased sales and marketing responsibility. Kavanagh serves on industry related boards and is a frequent speaker at payment industry conferences focusing on fuel trends and technology in the payment space. He earned a bachelor’s degree from the College of New Jersey and is an active member of NAFA, AFLA, NCSFA and AALA. Prior to joining WEX, Kavanagh held a number of roles with Enterprise Rent-A-Car and Enterprise Fleet Management.

A 27-year fleet professional, Bernie Kavanagh currently serves as Senior Vice President and General Manager of Large Fleet at WEX Inc. He joined the company in 1996 and his career has been a steady progression of increased sales and marketing responsibility. Kavanagh serves on industry related boards and is a frequent speaker at payment industry conferences focusing on fuel trends and technology in the payment space. He earned a bachelor’s degree from the College of New Jersey and is an active member of NAFA, AFLA, NCSFA and AALA. Prior to joining WEX, Kavanagh held a number of roles with Enterprise Rent-A-Car and Enterprise Fleet Management.

More

Fleet FAQ? Fuel Management, Questions?

Sponsored by

Q. How do partnerships inform future development of the connected car?

A. Partnership has been a core WEX value forever. And some of the legacy partners that we have are evolving, so those partnerships are looking and feeling a little different as everyone continues to evolve their products. We had a discussion with one of our big, long-standing FMC partners, and traditionally it's been supplying cards and fuel management service to their customers. But as they're starting to develop different mobile applications...

Read More

Q. How can WEX assist in keeping my drivers happy?

A. Drivers are often at the backbone of your daily operations, so it’s important to keep them satisfied and loyal to your business, especially given recruitment challenges that appear to be getting tougher. So, companies need every advantage to help drivers overcome challenges and eliminate some of the obstacles out on the road. One way they can do that...

Read More