THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
FleetCor Technologies, Inc. has collected "hundreds of millions" in improper fees from its fleet customers since at least 2014, according to a civil complaint filed by the Federal Trade Commission against the Atlanta-based payment processor.
WEX Inc. will begin managing the fleet fuel card program of Valero Energy Corp. under a new partnership, the Portland, Maine-based payment provider has announced.
WEX Inc. has extended its fueling partnership with Houston-based Leasing Associates so the fleet management company can provide its customers with fuel cards supported by WEX, according to the company.
The payment service provider is pushing forward with its "beyond fuel" initiative, a new headquarters, and contactless payments projects.
Fleet drivers with a WEX Inc. fuel card will now be able to use their mobile device to pay for fuel at Shell stations, the company has announced.
Wex Inc. reported revenue growth for the first quarter that beat projections from analysts and increased 8% to $381.9 million compared to a year earlier, the Portland, Maine-based fuel card and data provider announced.
FleetCor Technologies Inc.'s Comdata is offering an open-loop MasterCard to service fleets and other businesses that allows drivers to pay for fuel and other supplies, according to the company.
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.
Monro Inc. has agreed to accept WEX Inc.'s fleet cards at their network of vehicle service centers, which is now the largest company-owned chain in the nation, WEX has announced.
The multiple-year agreement specifies that WEX will provide Marathon Petroleum Corp. with sales and marketing resources to further drive Marathon’s retail growth. It follows an initial five-year deal between the companies.