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News

Fleetcor to Implement Blockchain in Fuel Card Payments

Fleetcor Technologies, Inc. will test blockchain technology as a way to modernize payments for its commercial fleet clients, especially across international borders, as part of a new initiative with Ripple, which has expertise in the technology, according to the company.

News

Iran Sanctions Push Fuel Prices Higher

Photo of gasoline fuel pump by Vince Taroc.

The national average gasoline price moved sharply higher for the week ending May 14, following the Trump administration's decision to withdrawal from an Obama-era nuclear deal and reimpose sanctions on the country.

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

News

ARI Offers WEX-Powered Fuel Purchase Tool

ARI will offer its fleet clients WEX Millennium Platform, a platform that allows real-time authorization data, increased control over transactions, and the ability to create multiple fuel profiles with different parameters, the fleet management company has announced.

Fleet FAQ

Director of Product Marketing, Verizon Connect

Todd Ewing from Verizon Connect

Director of Product Marketing, Verizon Connect

http://www.fleetmatics.com/
Chief Operating Officer

Jack Firriolo

Chief Operating Officer

http://www.merchantsfleetmanagement.com/
Senior Vice President and General Manager

Bernie Kanavagh from WEX

Senior Vice President and General Manager

https://www.wexinc.com
Executive Vice President of eDriving

Ed Dubens

Executive Vice President of eDriving

https://www.edriving.com/fleet/products-and-services/

Article

Types of Driver Reimbursement

Photo courtesy of pixabay.com

There are four types of driver reimbursement models: IRS business mileage reimbursement rate, a fixed allowance, the Fixed and Variable Reimbursement Rate (FAVR), and a hybrid model that uses the FAVR guidelines but delivers the driver payment in a cents-per-mile model.

Article

Driver Reimbursement Perks and Pitfalls

Photo courtesy of Getty Images.

While fleets typically gravitate toward company provided models, there are legitimate reasons they might want to consider utilizing a reimbursement program. However, there are a number of caveats fleets should consider.