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Fleet FAQ? Fuel Management

Q. How large are you in the fleet business today?

February 12, 2018

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A. We have 10.5 million WEX fuel cards in circulation worldwide. We’ve got a fleet application in North America. We have a fleet business in Brazil, Australia and in Europe. We process roughly 32 million transactions a month. Data is another valuable point. People want to do more and more things with data. And we’ve got a lot of data.

Author Bio

Bernie Kavanagh

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Senior Vice President and General Manager

A 27-year fleet professional, Bernie Kavanagh currently serves as Senior Vice President and General Manager of Large Fleet at WEX Inc. He joined the company in 1996 and his career has been a steady progression of increased sales and marketing responsibility. Kavanagh serves on industry related boards and is a frequent speaker at payment industry conferences focusing on fuel trends and technology in the payment space. He earned a bachelor’s degree from the College of New Jersey and is an active member of NAFA, AFLA, NCSFA and AALA. Prior to joining WEX, Kavanagh held a number of roles with Enterprise Rent-A-Car and Enterprise Fleet Management.

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A specialized form of leasing wherein some or all fleet costs are estimated in advance, then budgeted and billed by the fleet management company with periodic invoices (usually monthly).

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