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TAG SEARCH RESULT: WEX

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December 5, 2017

WEX, Verizon Establish Fleet Card Contract

WEX will provide more than 25,000 fleet cards to the communications company as well as offer additional insight into its fleet operations via WEX’s ClearView analytics platform.

November 14, 2017

WEX to Launch Chip-Based Fleet Card in 2019

WEX Inc. will begin offering a more secure chip-based payment card to its fleet customers in 2019 and plans to test the new card in 2018, according to the company.

October 25, 2017

WEX Extends Fuel Card Contract with Sheetz Convenience Stores

WEX Inc. has agreed to a 10-year extension of a contract with Sheetz, Inc., a family-owned convenience retailer, to provide WEX fuel cards, the Portland, Maine-based company announced.

March 30, 2017

How Telematics Data Overload Multiplies in Fleets With Several OEMs

Fleet managers will find it exponentially more difficult to interpret and utilize telematics data the more variety of vehicle brands they add to their fleet, according to new data and analysis from WEX Inc.

January 18, 2017

WEX to Offer OnDeck Financing to Small Business Customers

WEX Inc. will offer OnDeck small-business financing to its customers under a new partnership announced Jan. 18, according to the companies.

January 11, 2017

WEX, Enterprise Fleet Enter into Canadian Agreement

WEX Inc., a global provider of corporate payment solutions, has signed a new agreement with Enterprise Fleet Management in Canada. WEX and Enterprise Fleet Management have been working together in the U.S. since 1993.

November 11, 2016

WEX Identifies Fuel Overspending by Industry

Retail industry drivers purchase more premium fuel and higher-priced fuel on average than other industries, while telecommunications, insurance and government fleets keep overspending in check, according to data from WEX Inc.

April 12, 2016

WEX App Provides Access to Driver Fuel Accounts

WEX Inc. has announced the launch of Fleet SmartHub, an app designed to give fleets mobile access to their drivers’ fuel accounts to help improve business efficiencies, reduce late fees, gain operational insights, and control unauthorized driver spending, according to the company.

November 3, 2015

WEX Introduces Cloud-Based Fleet Analytics Platform

WEX Inc. has introduced ClearView, a cloud-based fleet analytics and benchmarking platform that combines fuel and vehicle data with proprietary analytics to create insights that save fleets time and money, according to the company.

October 19, 2015

WEX to Acquire Fuel Card Provider

WEX Inc. is moving to acquire Electronic Funds Source LLC (EFS) for $1.1 billion and 4 million shares of common stock that will be issued to investment funds affiliated with Warburg Pincus, EFS’ current owner.

September 17, 2015

WEX Adds 200 Pacific Northwest Fueling Stations

WEX Inc. has signed an agreement with BP to accept WEX fleet card payments at 200 BP-supplied ARCO fuel stations in Washington and Oregon, the company has announced.

September 4, 2015

Labor Day Gasoline Prices Lowest in 11 Years

The price of gasoline ahead of the Labor Day weekend has reached the lowest level in 11 years in federal data and fallen below diesel prices for the first time in more than four years in WEX Inc.'s fuel index.

August 3, 2015

GPS Insight, WEX to Provide Joint Fuel Card

GPS Insight has released the GPS Insight Fleet Card powered by WEX to simplify management of fuel purchases and reduce fuel fraud, according to the company.

May 6, 2015

WEX Introduces FlexCard Revolving Fleet Fuel Card

WEX Inc., a provider of corporate payment solutions, is giving small businesses some breathing room by launching the WEX FlexCard, its first revolving payment fleet fuel card for small businesses.

September 4, 2014

Fuel Prices Continue to Drop

At $3.43 per gallon, the national gasoline average is almost 17 cents per gallon lower than a year ago, according to WEX Inc.’s August Fuel Price Index. Experts predict prices will continue to decline and many states will have prices below $3 per gallon.

August 7, 2014

Fuel Prices Drop Below $3.50

During the month of June, gasoline prices fell almost every day from $3.67 per gallon to $3.48. This is the lowest start to any August since 2010 when prices were $2.72 per gallon, according to WEX Inc.

July 10, 2014

Fuel Prices to Slowly Decrease by Late July

At $3.65, gasoline prices in early July are the highest since 2008 when the price was close to $4.10, according to WEX Inc. But experts predict prices to slowly fade for the remainder of July.

June 5, 2014

Gasoline Prices Rise in 23 States Year-Over-Year

In May, 23 states saw gasoline prices at least 10 cents greater than the same time in 2013, according to WEX Inc. Prices differed by region, but the current national average is $3.66 per gallon.

April 10, 2014

WEX: Fuel Prices Continue to Climb in March

Gasoline prices have increased by more than 30 cents per gallon since February, according to WEX’s March fuel prices report. But prices are still nearly 8 cents per gallon lower than last year.

March 6, 2014

WEX: Fuel Prices Increase Nearly 20 Cents per Gallon

The national average jumped nearly 20 cents per gallon in the past month, according to WEX Index's February fuel prices report. But prices are still almost 30 cents per gallon lower than a year ago.

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