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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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In May, 23 states saw gasoline prices at least 10 cents greater than the same time in 2013, according to WEX Inc. Prices differed by region, but the current national average is $3.66 per gallon.
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Gasoline prices have increased by more than 30 cents per gallon since February, according to WEX’s March fuel prices report. But prices are still nearly 8 cents per gallon lower than last year.
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The national average jumped nearly 20 cents per gallon in the past month, according to WEX Index's February fuel prices report. But prices are still almost 30 cents per gallon lower than a year ago.
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According to WEX Index's January fuel prices report, the national average is holding steady at $3.27 per gallon, nearly 25 cents below where it was a year ago.
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According to WEX Index's December fuel prices report, the national average started 2014 at $3.31 per gallon — the highest prices ever to start a year.
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