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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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The price of gasoline ahead of the Labor Day weekend has reached the lowest level in 11 years in federal data and fallen below diesel prices for the first time in more than four years in WEX Inc.'s fuel index.
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GPS Insight has released the GPS Insight Fleet Card powered by WEX to simplify management of fuel purchases and reduce fuel fraud, according to the company.
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ServiceMaster will roll out WEX fuel cards, payment services, and analytics solutions to its fleet of 6,600 service vehicles to improve the efficiency of its fleet operations, WEX Inc. has announced.
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WEX Inc., a provider of corporate payment solutions, is giving small businesses some breathing room by launching the WEX FlexCard, its first revolving payment fleet fuel card for small businesses.
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At $3.43 per gallon, the national gasoline average is almost 17 cents per gallon lower than a year ago, according to WEX Inc.’s August Fuel Price Index. Experts predict prices will continue to decline and many states will have prices below $3 per gallon.
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During the month of June, gasoline prices fell almost every day from $3.67 per gallon to $3.48. This is the lowest start to any August since 2010 when prices were $2.72 per gallon, according to WEX Inc.
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At $3.65, gasoline prices in early July are the highest since 2008 when the price was close to $4.10, according to WEX Inc. But experts predict prices to slowly fade for the remainder of July.
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