WEX at NAFA 2018

We are ready to welcome new friends, celebrate lasting relationships and unveil an exciting new data tool at the NAFA 2018 Institute and Expo. Through interactive experiences and product demos, our sales team has plans to showcase an expanding suite of technological solutions, offering businesses of all sizes the data-driven tools they need to operate… Read more »

WEX Announces Fleet Card Contract with Verizon

WEX Inc. has announced a three-year fleet card contract with Verizon, which operates one of the largest private vehicle fleets in the U.S. WEX will provide more than 25,000 fleet cards to Verizon and will provide the communications company with additional insight into its fleet operations using WEX’s proprietary ClearView analytics platform. Bernie Kavanagh, senior… Read more »

October WEX Fuel Index

fuel prices chart

Retail gasoline prices are still in a downward trend after rallying on the back of refinery shutdowns following Hurricane Harvey. Gasoline futures markets have dropped back to where they were before the hurricane hit the Texas coast, as the return of refineries from downtime and the seasonality of gasoline play a large role in the… Read more »

Fuel Prices Major Concern for Fleet Managers After Harvey

Storm Harvey and an oil refinery

As the waters from Harvey recede, managers of fleets of all sizes have begun assessing the impact on their operations. Among chief concerns: replacing damaged vehicles, loss of capacity, and unknown damage to transportation infrastructure. The most immediate impact: dealing with retail fuel price shocks. Nationally, gas prices spiked 7 cents overnight Thursday and are… Read more »

Tropical Storm Harvey: Storm Updates

Storm Harvey and Houston bridge

As news continues to come out of Houston, Texas and the surrounding areas, it is clear that Tropical Storm Harvey is a catastrophic event impacting the region. Based on forecasts, rain is expected to continue for a number of days and has already caused historic floods in the region. Among the many challenges facing residents… Read more »

DHS Awards WEX Purchase Agreement for Telematics Products and Services

Telematics unit image

We are proud to announce that we have been awarded a five-year blanket purchase agreement by the Department of Homeland Security (DHS) to supply vehicle telematics products and services through their GSA Schedule 70 contract. Through this agreement, DHS fleet managers from their 13 operational and support components will be able to purchase WEX Telematics… Read more »

WEX Inc. and GasBuddy Form Strategic Alliance

GasBuddy and WEX logos

We are proud to announce we have forged a strategic partnership GasBuddy, the only smartphone app connecting 65 million drivers with their Perfect Pit Stop, focused on the retail gasoline market for consumers. The partnership will focus on innovations that bring added convenience and savings to the more than 200 million driving consumers in the… Read more »

June WEX Fuel Index

WEX Fuel Index - Gasoline prices chart

Gasoline demand looks like it is getting back on track based on the past couple of government demand reports. The recent demand readings has given the market some hope for the summer that demand will come close to the record levels of 2016. Most analysts anticipate that the summer driving season of 2017 will be… Read more »