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Ways to Reduce Fleet Fuel Costs

Even with the current low cost of fuel, fuel continues to account for a large percentage of a fleet’s operating budget. Today, there are a number of strategies companies can implement to reduce the amount of money spent on fuel.

How to Reduce Vendor Fees and TCO

Although total cost of ownership is usually thought of in terms of fixed and variable vehicle expenses, vendor fees play a role as well. Here are some strategies fleet managers can use to reduce both.

Wright Express Corporation Changes Name to WEX Inc.

SOUTH PORTLAND, ME – According to the company, the new name reflects its transformation and growth strategies, which are focused on physical, digital, and virtual corporate card payment solutions for businesses internationally.

Wright Express to Acquire Fleet One for $369 Million

SOUTH PORTLAND, ME - Wright Express has entered into a definitive agreement to acquire Fleet One from private firms LLR Partners and FTV Capital for $369 million in cash. The company stated it expects the transaction to close during the fourth quarter of 2012.

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