THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
Fuel companies have made strides to stay current in the modern era, and are also considering future developments and how they will impact the industry moving forward.
The payment service provider is pushing forward with its "beyond fuel" initiative, a new headquarters, and contactless payments projects.
The national average price of regular unleaded fell 1 cent to $2.56 per gallon for the week ending Sept. 9, and reached a level that's 11 cents lower than a month ago and 28 cents lower than a year ago, according to AAA.
The approaching hurricane Dorian has pushed gasoline prices higher in Florida and South Carolina, while most of the rest of the country is seeing falling prices at the pump, according to AAA.
Fleet fuel cards reduce costs by alerting when drivers pump expensive fuel grades to displaying gallons pumped vs. tank capacity. Read to find out how to find the best provider.
The national average gasoline price slid 2 cents to $2.59 for the week ending Aug. 26 and is expected to be the cheapest Labor Day average in three years, according to AAA.
Fuel supplier Phillips 66 has signed a multiple-year contract to extend its relationship with payment provider WEX Inc. to provide private label and universal fleet card services, WEX has announced.
The national average price fell 3 cents to $2.61 for the week ending Aug. 19, which was also 17 cents lower than a month ago and 22 cents cheaper than a year ago.
Element Fleet Management has partnered with Shell Fleet Solutions and WEX for the development of a new fuel management program that is designed to streamline fleet fuel management capabilities.
The national average gasoline price fell 7 cents to $2.64 per gallon, as domestic gasoline supply increased 4.4 million barrels for the week ending Aug. 12.
In late July, WEX hosted customers and partners in Portland, Maine, near its new global headquarters at WEX Spark Global Fleet 2019 — a three-day event with seminars, technology demonstrations, and roundtable discussions about product innovation, strategy, and partnership.
The national average gasoline price fell 2 cents to $2.71 per gallon, as demand saw a "small dip" during the week ending Aug. 5, according to AAA.
The national average gasoline price fell 3 cents to $2.76 for the week ending July 22, which marked a price reversal from the past month that saw an 11-cent increase from June 22 to a week ago.
The average national price of regular unleaded continued its move higher with a 3.6-cent increase to $2.779 per gallon for the week ending July 15, according to the U.S. Energy Information Administration.
Automotive Fleet checks in with Melissa Smith about a new headquarters, mobile payments, and several recent acquisitions.
WEX Inc. moved its headquarters to the waterfront of Portland, Maine, in March, as the company entered a growth phase that has included three acquisitions this year.
View more photos
