Fuel Management - Tagged Posts

Booster Raises $56M in Funding Investments

The company has now raised more than $88 million in funding from firms such as Invus Opportunities, Conversion Capital, Enterprise Holdings Ventures, Madrona Venture Group, Maveron, Perot Jain LP, Total Ventures and Vulcan Capital.

When is the Right Time to Hire a Fleet Manager?

For a small fleet, hiring a full-time fleet manager depends on factors such as fleet size, types of vehicles and equipment, and their distribution. Companies can opt to outsource some fleet responsibilities instead of hiring an in-house professional.

Chevrolet Offers Fuel Payments From the Dashboard

Chevrolet will allow drivers to pay for fuel at participating Shell stations using a mobile app in the vehicle's infotainment system with a new electronic payment solution, General Motors has announced.

Fuel Card Fraud Is on the Increase

Since 2016, there has been an ongoing uptick in fuel card fraud. In light of this, it is important for companies to develop a fraud prevention strategy addressing misuse, slippage, and outright fraud.

Forecast Is for Fuel Prices to Remain Low for the Foreseeable Future -- Maybe Longer

Conventional wisdom in the fleet market is often wrong. If we roll back the calendar, the conventional wisdom about fuel prices was that there would be ebbs and flows in price per gallon rates, but the overall price trajectory would trend upward. The flaw with conventional wisdom is that it only works when no new variables are inserted into future projections. A case in point is the shale oil revolution, which now has experts predicting oil prices will remain flat for the foreseeable future.

Derive Efficiency Hosts Track Day

On March 3, Derive Efficiency hosted a track day for public and private fleets and the media, showing the differences in performance between a stock vehicle and one calibrated for optimum efficiency.

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.

Mobile Apps to Improve Fleet Efficiency

As the use of mobile apps continues to grow, more functions are becoming available to fleet drivers at their fingertips. These mobile apps — some stand-alone, others part of larger program offerings — update traditional processes and advance fleet efficiency.

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.

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.