Automotive Fleet

Fleet FAQ

Fleet FAQ? Fuel Management

Q. What will be the biggest hurdles to deploying this future fleet of EVs, self-driving and drones?

A. The biggest challenges -- the ones that are holding back market innovations -- are technical. How do you get autonomous vehicles to play nice with each other, never mind with human-operated vehicles and a 20th-century highway infrastructure? How do you charge for an electrical charge? How do you get a card swipe machine to take a chip now? It always takes time, but when you think about solving technical challenges, the answer is never in silos. It’s almost always through partnerships. Imagine an OEM trying to develop an autonomous vehicle without the guidance of federal highway officials. Try creating a fleet card network without buy-in from the card readers. It’s partnerships that create the value and cross-functionality high-tech fleets will demand. By developing the industry's first proprietary closed-loop fueling network, WEX is steeped in what it takes to develop next-generation products that deliver value to industry. Whether Fleet, Health or Travel, we develop secure, best-in-class products and services by listening to and partnering with industry to do high-tech product development that drives modernization, efficiency and profitability for our customers.

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.

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Fleet FAQ? Fuel Management, Questions?

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Q. What is a fuel card? How does it work?

A. Fuel cards were designed to make it easier for businesses to pay when they fuel their vehicles. As fuel cards became more sophisticated, they also began offering businesses discounts and rebates plus the ability to track and analyze fuel purchases, creating the ability to control costs, making it easier to track expenses and enhance the bottom line without carrying cash or relying on inaccurate manual data entry.

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