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.
WEX will provide more than 25,000 fleet cards to the communications company as well as offer additional insight into its fleet operations via WEX’s ClearView analytics platform.
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.
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.
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.
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.
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.
Fleets can manage the risk of rising fuel prices with financial instruments known as fuel hedges.
Implementing telematics into a fleet can be daunting, especially if fleet drivers don’t understand the technology’s value. It's important to address any fleet driver concerns as soon as they arise.
WEX Fleet One Over-the-Road card holders will be offered fuel rebates at QuikTrip locations via a merchant agreement the two companies entered into recently.