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WEX Inc. has extended its existing fuel-price risk management program through the third quarter of 2014. On March 18, the company said it locked in a fuel price range for approximately $3.43 to $3.49 per gallon during this period.
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A new report from WEX says fears about summer gasoline supply caused the recent price increases and that gas prices should slowly fall throughout March. WEX also expects a drop in diesel prices, but not as much as for gasoline.
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Renzenberger is a transportation company that does crew transportation, primarily in the railroad industry, and tested WEX fuel cards for its fleet operation.
Read More →According to the report, fuel consumption by construction companies in the U.S. was up 5.8% in January compared with the same month in 2012.
Read More →By setting clear goals; utilizing forward thinking; and performing detailed, initial analysis, telematics can easily help increase driver productivity, promote safer driving, and maximize fleet dollars.
Read More →A detailed list ofd the programs offered by the telematics providers interviewed for the article, "Focus on Telematics Goals for Greater ROI" are included.
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PORTLAND, ME – WEX said experts are predicting that 2013 will look similar to 2012 in terms of price trends, barring major unforeseen supply disruptions.
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Advancements in technology have significantly impacted the ability for fleet managers to track fuel use and spending to make their operations more efficient and cost-effective.
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The two primary factors prompting the name change were the diversification of its product lines and the international expansion of its business. WEX provides services in the U.S., Canada, the UK, Brazil, New Zealand, and Australia.
Read More →TORRANCE, CA - The U.S. Department of Energy and AAA are reporting that more fueling stations are operational in New York and New Jersey, and that the fuel distribution infrastructure in the northeast is slowly recovering.
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