Industry News

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October 31, 2012

Wright Express Changes Name to WEX Inc. - Industry News

According to the company, the new name reflects its transformation and growth strategies, which are focused on physical, digital and virtual corporate card payment solutions for businesses internationally.

Tags: Wright Express, WEX Inc.

October 22, 2012

Wright Express Completes Acquisition of Fleet One - Industry News

Fleet One is now a wholly owned subsidiary of Wright Express.

Tags: Acquisition, Fleet One, Wright Express

October 4, 2012

Retail Fuel Prices Not Dropping As Expected in Some Regions - Industry News

<p>WEXIndex Retail Fuel Price Index is a monthly publication produced by Wright Express with market insights provided by OPIS Energy Group.&nbsp;Copyright 2012, Wright Express Corporation, 97 Darling Avenue, South Portland, ME 04106. Reproduction without permission is strictly prohibited.</p>

California is seeing particularly high prices compared to the rest of the U.S., according to the September Wright Express fuel report. Experts predict that the national average will hit $3.50 by the end of the year.

Tags: Wright Express, gas prices, Fuel Prices, Diesel Prices

September 11, 2012

Report Says Gas Prices Could Drop Up to 50 Cents Per Gallon by Thanksgiving - Industry News

<p>Source: Wright Express</p>

While gas prices continued to climb through August and are expected to continue to increase in the near term, Wright Express said that prices are expected to drop again by the Thanksgiving holiday.

Tags: Wright Express, gas prices, Fuel Prices, Diesel Prices

September 6, 2012

Wright Express to Acquire Fleet One for $369 Million - Industry News

Wright Express said the acquisition will enhance its ability to service small fleets, as well as over-the-road and mixed fleets.

Tags: Acquisition, fuel cards, Fleet One, Wright Express

August 15, 2012

Wright Express Reports Rapidly Increasing Wholesale Fuel Prices But Forecasts a Drop - Industry News

<div><strong>WEX</strong><em>Index</em> Retail Fuel Price Index is a monthly publication produced by Wright Express with market insights provided by OPIS Energy Group.&nbsp;Copyright 2012, Wright Express Corporation, 97 Darling Avenue, South Portland, ME 04106. Reproduction without permission is strictly prohibited.</div>

States in the Midwest, including Indiana, Michigan, Ohio and Illinois, have seen prices increase nearly 60 cents per gallon during the past 30 days.

Tags: Wright Express, gas prices, Fuel Prices, Diesel Prices

August 3, 2012

Waste Management Introduces Fleet of CNG Trucks in Louisville - Industry News

LOUISVILLE, KY – Waste Management has launched a new local fleet of 25 clean-burning CNG trucks and unveiled Louisville's first public-access, 24-hour compressed natural gas (CNG) fueling station.

Tags: CNG, Wright Express, Waste Management, Fuelman, CNG fueling station, Voyager

July 5, 2012

Summer Fuel Prices Likely Nearing Bottom - Industry News

<p><em>Click to enlarge.</em></p>

Experts predict that some of the lower priced areas could see prices head north again, but not by any large amount. Some of the higher priced areas like the West Coast still have room to go down, and prices should continue to fall, albeit at a fairly slow rate before flat lining in the coming weeks.

Tags: Wright Express, gas prices, Fuel Prices, Diesel Prices, summer fuel prices, WEX Index

June 7, 2012

National Retail Fuel Prices Continue Decline - Industry News

<div>WEXIndex Retail Fuel Price Index is a monthly publication produced by Wright Express with market insights provided by OPIS Energy Group. Copyright 2012, Wright Express Corp., 97 Darling Ave., South Portland, ME 04106. Reproduction without permission is strictly prohibited.</div>

Despite this drop in the national average, refinery issues have continued to cause West Coast prices to remain at levels well above $4 per gallon. Experts say, however, that the issues have been resolved and prices should drop.

Tags: Wright Express, gas prices, Fuel Prices, Diesel Prices, summer fuel prices, Gasoline Prices, WEX Index

May 7, 2012

Fuel Prices Begin Post-Peak Decline - Industry News

<p><em>Click to enlarge.</em><br />Source: Wright Express</p>

Most experts predict that prices could get as low as $3.50 per gallon as it is typical for prices to fade by about 10% after the spring peak.

Tags: Wright Express, gas prices, Fuel Prices, Diesel Prices

April 11, 2012

Gas Prices to Rise through April But to Start Dropping in May, WEX Report Says - Industry News

Analysts see prices increasing in the next few weeks, possibly breaking the record set in July 2008 by the end of April, but don’t believe the rally will continue unless geopolitical events in oil-producing countries, or other events, cause a supply disruption of some kind.

Tags: Wright Express, gas prices, Fuel Prices, Diesel Prices, summer fuel prices

March 6, 2012

Summer Gas Prices Could Exceed $4.11 Per Gallon, Report Says - Industry News

<p>Source: Wright Express</p>

According to the latest report from Wright Express, gas prices could break 2008 records this summer.

Tags: Wright Express, gas prices, Fuel Prices, summer fuel prices

February 7, 2012

New Reports Say Gas and Diesel Prices Will Continue to Climb into Spring - Industry News

SOUTH PORTLAND, ME and WASHINGTON - New reports from Wright Express and the U.S. Energy Information Administration say gas prices are likely to fall between $3.50 and $3.75 in early spring.

Tags: Oil Prices, Wright Express, gas prices, Department of Energy, EIA, Diesel Prices, WEX Index

January 31, 2012

Networkfleet Introduces Fuel and Service Card with Integrated Reporting - Industry News

In partnership with Wright Express, the Networkfleet Fuel Card tracks precise information on all fuel purchases and includes monthly and year-to-date reporting.

Tags: fuel cards, Networkfleet, Wright Express

January 10, 2012

Fuel Prices to Begin Spring Run Up by Late February - Industry News

<p>WEXIndex Retail Fuel Price Index is a monthly publication produced by Wright Express with market insights provided by OPIS Energy Group.&nbsp;Copyright 2012, Wright Express Corporation, 97 Darling Avenue, South Portland, ME 04106. Reproduction without permission is strictly prohibited.</p>

SOUTH PORTLAND, ME - Though oil prices have spiked, gas prices remain steady but will see the usual springtime rise by late February.

Tags: Fuel Prices, Wright Express

December 20, 2011

Small Business Auto Club Combines Benefits onto 1 Card - Industry News

Business Owners Benefit, a privately owned insurance company that provides low-cost services and products for small businesses, began a new auto club that combines towing services, fuel card services and other benefits onto one card.

Tags: fuel cards, Wright Express, fleet card, small business owners, towing

November 10, 2011

Wright Express Unveils Pump Shut-Off Feature - Press Release

SOUTH PORTLAND, ME - Wright Express approves fuel transactions up to the maximum dollar amount the customer has defined for the card in use, and then the pump is closed for that individual transaction.

Tags: fuel cards, Wright Express

November 4, 2011

Gasoline Prices Dropping at Retail But Diesel Trending Upward - Industry News

<p>SOURCE: Wright Express</p>

SOUTH PORTLAND, ME - With weak demand for gasoline, Wright Express said experts expect retail gasoline prices to drop. Diesel prices are likely to rise, though.

Tags: Wright Express, Fuel Prices, Diesel Prices, Gasoline Prices

October 13, 2011

Fuel Prices Have Hit Bottom, Likely to Rise Over Next Few Weeks - Industry News

SOUTH PORTLAND, ME - Rising wholesale prices, refinery work, and more fuel being imported all could lead to higher fuel prices throughout the rest of the year, according to a new report.

Tags: Wright Express, Fuel Prices

September 2, 2011

Fuel Prices To Rise in September But Boom Can’t Last - Industry News

<p>WEXIndex Retail Fuel Price Index is a monthly publication produced by Wright Express with market insights provided by OPIS Energy Group.</p>

The national average of $3.62 per gallon is almost $1 per gallon more than a year ago.

Tags: Wright Express, gas prices, Fuel Prices, Diesel Prices

April 6, 2011

Networkfleet Announces New Fuel Card Reporting Capabilities - Press Release

SAN DIEGO – Networkfleet, Inc. announced new Fuel Card Reporting capabilities are now available through its wireless fleet management system.

Tags: fuel cards, Networkfleet, Wright Express

May 14, 2009

Pricelock and Wright Express Team Up to Expand Fuel Price Risk Management Program Options for Fleets - Industry News

The new partnership enables Pricelock and Wright Express to provide fleet customers with the option to purchase fuel at a certain fixed daily price for a fixed volume, and to effectively manage those purchases.

Tags: fuel, Wright Express, Pricelock

February 7, 2008

Wright Express to Acquire Pacific Pride - Press Release

Wright Express Corporation recently announced that it has entered into a definitive asset purchase agreement to acquire certain assets of privately held Pacific Pride Services, Inc.

Tags: Wright Express

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