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TAG SEARCH RESULT: Fuel Management

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February 12, 2018

Q. What is WEX’s position in the fleet market?

A. Established in 1983, we are an industry leader known for developing technology that pioneered the closed-loop, proprietary fuel card network...

February 12, 2018

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

A. We have 10.5 million WEX fuel cards in circulation worldwide...

February 12, 2018

Q. What kind of tools do you give fleet managers to optimize fuel consumption?

A. We start off with basic levels of consumption: usage, trends, when they’re buying, where they’re buying. Then we’ll drill down a bit deeper to say...

January 16, 2018

Q. What are the newest data analytics tools in fuel management?

A. Data visualization is probably the hottest trend in fuel management right now...

January 4, 2018

Lean and Green Ways to Save Fuel

Companies large and small are looking for new ways to reduce their fuel spend and carbon footprint. Check out these helpful tips for reducing your fuel bill in 2018.

December 20, 2017

Top 10 Work Truck Articles of 2017

The 2017 calendar-year brought about a whole lot of discussion revolving around the electronic logging device (ELD) mandate, increased interest in truck maintenance and fueling, as well as in-depth discussions about service level agreements and full-service leases.

December 11, 2017

GM Enables Fuel Purchases From the Dashboard

Drivers of General Motors vehicles will be able to purchase Shell fuel and other products or services from their dashboard using a new digital platform known as GM Marketplace, the automaker has announced.

October 31, 2017

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.

October 19, 2017

QuikQ Launches Fuel Card Platform at Major Truckstops

QuikQ has secured merchant agreements for its Fuel Card platform with Love’s Travel Stops, TravelCenters of America, and Pilot Flying J.

June 21, 2017

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.

April 18, 2017

‘It Doesn’t Apply to Me’

Have you ever had a conversation with a coworker, driver, or vendor, and replied to an inquiry with “Well, it doesn’t apply to me,” and left the conversation at that? Do you have help at fleet handling specific parts of your operation, such as fuel, compliance, or leasing?

March 13, 2017

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.

February 27, 2017

Pros and Cons of On-Site Fueling

From pricing to convenience, there are many benefits for an on-site fueling facility. But, time to recoup initial investments and additional maintenance requirements should be considered.

January 12, 2017

Effectively Managing Fuel in Truck Fleets

Managing fuel is about so much more than a price tag. Fuel professionals share insight into best practices for fleets to get a handle on rising costs, cut down on fuel use, and keep track of purchases.

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.

November 3, 2016

Colonial Pipeline Expected Back Online by Saturday

The Colonial Pipeline Co. hopes to bring a significant gasoline supply line back online by Saturday, less than a week after a blast that could reduce gasoline supply to the Southeast and Northeast, Reuters has reported.

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.

March 21, 2016

Tips for Controlling Fuel Costs

Fuel management is an area of fleet operations that fleet managers have to keep an eye on constantly. A variety of products and technologies are available to fleet managers that can help control this second-highest fleet cost.

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 16, 2015

Operating Costs Flat for Third Consecutive Year

Calendar-year 2015 marks the third consecutive year that fleet operating costs have remained stable compared to the past three years, primarily due to the continuing softness in gasoline and diesel prices. Replacement tires, the second highest operating cost, were stable due to the ongoing softness in commodity prices, primarily rubber and oil, while increased maintenance intervals contributed to lower maintenance costs for fleets. The forecast is more of the same for CY-2016.

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FleetFAQ

Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

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Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

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Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

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Terminology used in many European countries to define closed end Operating Leases where the lessor is responsible for the cost of maintenance and tires in addition to taking residual value risk.

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