THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
WEX Inc. and Chevron U.S.A. Inc. have reached an agreement to bring card services to Chevron and Texaco business card fleet customers, WEX has announced.
The price of a gallon of regular unleaded fell 7 cents to $2.56 for the week ending Nov. 26, as pump prices head lower to reach some of the cheapest prices of 2018, according to AAA.
The fuel card specialist is looking for ways to reduce data overload for fleet managers as it deepens its expertise through acquisitions and an expansion.
The national average gasoline price fell sharply across the country to $2.70 for the week ending Nov. 12 in the face of flagging demand, according to AAA.
FedEx Express improved fuel efficiency by 2.9% in fiscal year 2017 and has moved closer to meeting its corporate goal of a 50% increase by 2025 over 2005 levels, the company reported in its annual sustainability report.
Voters in Missouri, Utah, and Washington rejected state ballot measures on Tuesday that would have added new taxes on fuel or energy use by fleet vehicles, while California voters elected to keep increased fuel taxes in place to fund the state's infrastructure.
The national average gasoline price has fallen to a six-month low at $2.76 for a gallon of unleaded fuel on the same day the U.S. reimposed sanctions on Iran, which haven't driven prices high as the oil market has remained steady.
The national average gasoline price fell 3 cents to $2.82 for the week ending Oct. 29, as national gasoline prices have fallen for 16 days in part due to the end of the peak of refinery maintenance season, according to AAA.
As part of the partnership, FleetCor will manage the back-end system processing and billing of LeasePlan’s new universal fuel card. FleetCor will also manage and provide a variety of other services for LeasePlan USA, the company stated.
The national average gasoline price fell 4 cents to $2.85 per gallon for the week ending Oct. 22, as the price has given way following several weeks of lower demand. The price is where it was a month ago and 39 cents higher than a year ago.
Most states saw lower fuel prices this week, as the nation's average gasoline price fell 2 cents to $2.89 per gallon for the week ending Oct. 15. A handful of states on the west coast and southeast saw higher prices due to fuel disruptions, according to AAA.
Great Lakes states such as Ohio and Indiana saw the highest weekly gasoline price increases, as the national price increased 3 cents to $2.91. Prices increased in 43 states with the national price average increasing 6 cents from a month ago and 41 cents from a year ago, according to AAA.
The national average for a gallon of regular unleaded increased 3 cents to $2.88 for the week ending Oct. 1, even though fuel demand fell and inventories grew over the same period.
The national average price of regular unleaded remained at $2.85 per gallon for the week ending Sept. 24, even as drivers in 32 states saw lower or stable prices. The price level is 1 cent higher than a month ago and 27 cents above a year ago, according to AAA.
The national average gasoline price held firm at $2.85 for the week ending Sept. 17 as Hurricane Florence brought record-breaking rain to the Carolinas over the weekend.
