WEX has renewed and expanded its agreement with Marathon Petroleum Corp. to operate its commercial fuel card program with a multiple-year agreement that specifies WEX will provide Marathon with sales and marketing resources to further drive its retail growth. It follows an initial five-year deal between the companies.
Marathon is a major oil refining, marketing, and transportation company headquartered in Findlay, Ohio. Since WEX took over Marathon’s fleet card program in 2012, its fuel card portfolio has experienced consistent double-digit year-over-year growth and decreased attrition, according to WEX.
Marathon is the nation's second-largest refiner, with a capacity of 1.9 million barrels per day in its six-refinery system. Marathon-brand gasoline is sold through approximately 5,800 independently-owned retail outlets across 20 states and the District of Columbia.
WEX recently re-signed one of the nation’s largest convenience store chains to a seven-year renewal, expanding their sales team and marketing resources as the company continues to grow its nationwide footprint.