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Fleet managers will find it exponentially more difficult to interpret and utilize telematics data the more variety of vehicle brands they add to their fleet, according to new data and analysis from WEX Inc.
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WEX Inc. will offer OnDeck small-business financing to its customers under a new partnership announced Jan. 18, according to the companies.
Read More →WEX Inc., a global provider of corporate payment solutions, has signed a new agreement with Enterprise Fleet Management in Canada. WEX and Enterprise Fleet Management have been working together in the U.S. since 1993.
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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.
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After realizing the basic benefits of vehicle tracking, fleet operators are starting to use telematics systems to forecast demand, track historical trends, protect against false claims, and automate hours of service.
Read More →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.
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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.
Read More →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.
Read More →WEX Inc. is moving to acquire Electronic Funds Source LLC (EFS) for $1.1 billion and 4 million shares of common stock that will be issued to investment funds affiliated with Warburg Pincus, EFS’ current owner.
Read More →WEX Inc. has signed an agreement with BP to accept WEX fleet card payments at 200 BP-supplied ARCO fuel stations in Washington and Oregon, the company has announced.
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