Managing the Financial Side of Commercial Fleets

Fuel Management

1  -  25  of  1798

November 14, 2017 - Product News

WEX to Launch Chip-Based Fleet Card in 2019

Photo courtesy of WEX.

WEX Inc. will begin offering a more secure chip-based payment card to its fleet customers in 2019 and plans to test the new card in 2018, according to the company.

Tags: WEX, Payment Cards, Big Data, Mileage Reports, Fuel Costs

November 1, 2017 - Product News

Wal-Mart to Start Accepting Fleetcor Fuel Card

Walmart stores will begin accepting Fleetcor's fuel cards under a new agreement between the two companies, Fleetcor Technologies, Inc. has announced.

Tags: Wal-Mart, Fleetcor, Payment Cards

October 27, 2017 - Press Release

U.S. Bank Voyager Network's Fleet Card Adds Chip

The U.S. Bank Voyager Network is adding a security chip to its fleet card that will be available in the summer, Mastercard and U.S. Bank have announced.

Tags: Voyager Fuel Card, U.S. Bank, MasterCard, Payment Cards

October 13, 2017 - Industry News

Proposed Law Would Ease Fuel Economy Rules

A pair of federal lawmakers from Michigan have proposed a bill that would make it easier for automakers to meet fuel economy requirements.

Tags: CAFE Standards, Donald Trump, Proposed Legislation, Fuel Economy

September 29, 2017 - Industry News

Webinar Explores Ways to Keep Fuel Costs Under Control

Photo courtesy of U.S. Bank Voyager.

Explore the many ways fuel costs can get out of control and how you can stop it.

Tags: Voyager Fuel Card, Fuel Costs, U.S. Bank, Fuel, Fuel Budgets

July 11, 2017 - Industry News

Forecast Calls for Continued Low Oil, Fuel Prices

Average diesel prices are forecast to rise only a little this year and into 2018. Graphic: U.S. DOE

Lower than earlier forecast crude oil prices are expected to translate into continued low prices at the pumps for both diesel and gasoline, according to a new U.S. Energy Department report.

Tags: Economy, Fuel Prices, Diesel Prices, Gasoline Prices, Crude Oil Prices

April 25, 2017 - Product News

WEX Adds Driver Messaging to ClearView Platform

WEX Inc. of South Portland, Maine, has introduced its next-generation platform as ClearView Advanced, which adds features that help fleet managers better identify drivers who purchase expensive gasoline and send them messages.

Tags: Telematics, NAFA Institute & Expo, WEX, Big Data, Fleet Management Software, Drivers

March 30, 2017 - Industry News

Calif. Governor's Fuel Tax Would Fund Infrastructure

Photo of Gov. Jerry Brown via Wikimedia.

California's Gov. Jerry Brown has proposed raising gasoline taxes and vehicle fees to raise $5 billion per year to repair the state's crumbling streets, highways, and bridges.

Tags: California, Fuel Tax, Taxation

March 15, 2017 - Industry News

Trump Reverses Obama With Fuel Economy Review

Photo via Gage Skidmore/Wikimedia.

Vowing to end the "assault on the American auto industry," President Donald Trump promised to reopen a federal review of fuel economy standards that was concluded in the waning days of the Obama administration at an event outside of Detroit.

Tags: Fuel Economy, CAFE Standards, Barack Obama, Elected Leaders, Donald Trump, Global

March 13, 2017 - Industry News

Derive Efficiency Hosts Track Day

Vehicles are lined up for the acceleration test, pitting calibrated vehicles with uncalibrated ones. Photo by Andy Lundin

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.

Tags: Fuel Management, Idle Reduction, Fuel Reduction, Derive

February 6, 2017 - Industry News

Diesel Prices Fall, But Just Barely

For the fourth week in a row, diesel prices fell in the U.S., this time by less than half a cent, according to the latest numbers from the Energy Department.

Tags: Gas Prices, Diesel Prices, Crude Oil Prices

February 3, 2017 - Industry News

Texas Fuel Provider Adds Beaumont Location

Photo courtesy of O'Rourke Petroleum.

Texas fuel and lubricant provider O'Rourke Petroleum has expanded its operations in southeast Texas by adding a facility and seven delivery trucks in Beaumont, the company announced.

Tags: Fuel Suppliers, Lubricants, Texas

January 13, 2017 - Industry News

EPA Maintains Fuel Economy Standards Through 2025

Photo of EPA Administrator Gina McCarthy via Chesapeake Bay Program/Flickr.

The EPA expects that automakers will raise fuel economy 10 mpg higher than the current fleet average by model year 2025.

Tags: EPA, Fuel Economy, GHG Phase 2, CAFE Standards, Emissions Reduction

November 30, 2016 - Industry News

EPA Retains 2025 Emissions Targets

The U.S. Environmental Protection Agency has proposed leaving in place its emissions standards for light-duty vehicles through 2025 in a move that's expected to face opposition from automakers.

Tags: Regulations, EPA, Fuel Economy, CAFE Standards, Donald Trump

November 14, 2016 - Industry News

EPA Fuel Economy Labels Now More Accurate

Chart courtesy of CR.

Fuel economy labels attached to new vehicles now more accurately reflect real-world fuel consumption, refuting a decade-old study that claimed the labels mislead buyers, according to a new analysis from Consumer Reports.

Tags: Consumer Reports, EPA, Fuel Economy

November 11, 2016 - Industry News

WEX Identifies Fuel Overspending by Industry

Chart courtesy of WEX Inc.

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.

Tags: Fuel Management, Fuel Costs, WEX

November 4, 2016 - Industry News

Automakers Exceed EPA Fuel Economy Standards Again

Automakers beat U.S. fuel-economy standards for the 2015 model year for the fourth year in a row, reaching an average of 29.4 miles per gallon for passenger cars, which marked an all-time high, according to an annual report from the U.S. Environmental Protection Agency.

Tags: Mazda, EPA, Fuel Economy, CAFE Standards

November 1, 2016 - Industry News

Alabama Pipeline Explosion Will Mean Higher Fuel Prices in Some States

Photo via Alabama Gov. Robert Bentley's Twitter feed.

An explosion in Alabama on what’s said to be the biggest fuel pipeline in the U.S. Monday will likely lead to a temporary price spike in diesel and gasoline in the Southeast states served by the pipeline and also may affect the Northeast.

Tags: Diesel Prices, Gasoline Prices, Fuel Costs

October 31, 2016 - Industry News

WEX, ExxonMobile Extend Fleet Card Deal

WEX and ExxonMobile have agreed to extend their partnership to offer fleet payment cards for another 10 years. WEX has also extended an agreement with Imperial Oil Limited.

Tags: WEX, ExxonMobil, Payment Cards

August 25, 2016 - Press Release

TravelCenters of America Begin Accepting U.S. Bank Fleet Card

Photo courtesy of U.S. Bank.

TravelCenters of America, operator of the TA and Petro Stopping Centers brands and Minit Mart convenience stores, is expanding its relationship with U.S. Bank by accepting a new single Voyager Fleet Card at its truck stop and convenience store locations.

Tags: U.S. Bank, TravelCenters of America, Payment Cards, Convenience Stores

July 20, 2016 - Industry News

How Future CAFE Standards Could Affect Fleet Purchasing

Three federal agencies on Monday dropped the 54.5 mpg corporate fuel economy target for 2025, which would ease the burden on car and truck manufacturers to produce a vehicle mix that reaches that level.

Tags: Vehicle Purchasing, EPA, CAFE Standards

July 19, 2016 - Industry News

Feds Nix 54.5-MPG Target for 2025

Improving gasoline fuel economy and strong demand for trucks and SUVs has led federal regulators to eliminate the 54.5 mpg corporate fuel economy target for 2025.

Tags: EPA, Emissions Reduction, CAFE Standards, Vehicle Manufacturing

June 8, 2016 - Industry News

Fuel, Crude Oil Prices Expected to Rise Again

Recent increases in diesel and gasoline prices have translated once again into expectations that costs for both will move even higher the rest of this year and into 2017, according to the Energy Department’s latest Short-Term Energy Outlook.

Tags: Diesel Prices, Gasoline Prices, Crude Oil Prices

May 10, 2016 - Industry News

Feds Predict Higher Fuel Price Increases

Federal officials have raised their expectations for diesel and gasoline prices this year and are predicting even larger hikes coming for 2017, according to a new report from the U.S. Department of Energy.

Tags: Economy, Diesel Prices, Gasoline Prices, Crude Oil Prices

April 12, 2016 - Industry News

Average Diesel, Gasoline Costs Expected to Remain Low

A new fuel price forecast from the U.S. Energy Department shows little change from expectations a month ago for the price of diesel, but the outlook for gasoline has moved a little higher.

Tags: Diesel Prices, Gasoline Prices, Oil Prices, Economy, Forecast, U.S. Department of Energy

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