Fleet FAQ? Fuel Management

ASK A QUESTION
Submit your question here

sponsored by

Q. What is WEX’s position in the fleet market?

A. Established in 1983, we are an industry leader known for developing technology that pioneered the closed-loop, proprietary fuel card network... READ MORE

Q. How large are you in the fleet business today?

A. We have 10.5 million WEX fuel cards in circulation worldwide... READ MORE

Q. What kind of tools do you give fleet managers to optimize fuel consumption?

A. We start off with basic levels of consumption: usage, trends, when they’re buying, where they’re buying. Then we’ll drill down a bit deeper to say... READ MORE

Q. What is a fuel card? How does it work?

A. Fuel cards were designed to make it easier for businesses to pay when they fuel their vehicles. As fuel cards became more sophisticated, they also began offering businesses discounts and rebates plus the ability to track and analyze fuel purchases, creating the ability to control costs, making it easier to track expenses and enhance the bottom line without carrying cash or relying on inaccurate manual data entry. READ MORE

Q. What are the newest data analytics tools in fuel management?

A. Data visualization is probably the hottest trend in fuel management right now... READ MORE

Q. Are fleets moving toward collecting data on connected vehicles?

A. I think we always want to collect more data. Our partners and customers expect that from us... READ MORE

Q. Is there a big appetite for the combination of fuel and telematics data today?

A. Absolutely. That’s becoming a huge need in the marketplace... READ MORE

Q. One of the challenges I have is fraud. How can a fuel card help me stop it?

A. Fraud is definitely a big issue for companies managing their fuel costs. One of the biggest issues is... READ MORE

Q. Is electricity the future fleet fuel of choice?

A. We are in the electric space today. We’ve got acceptance at a number of charging stations, including ChargePoint... READ MORE

Q. What’s the future of fuel cards with the rise of alternative fuels?

A. Today’s fleets are considering all types of fuels — and robust reporting on these transactions is a must... READ MORE

Q. Is security a big issue in the fuel business?

A. Absolutely, and fuel cards are a key control... READ MORE

Q. What does “Level 3 data” mean?

A. Level 3 data capture is one of the fundamental ways fleet operators are able to better identify and more effectively rein in costs... READ MORE

Q. How can fuel cards help fleets regulate costs?

A. Fuel cards help businesses fuel their vehicles, document and analyze those fuel purchases, and limit exposure to unauthorized purchases... READ MORE

Q. What to look for in a fuel card?

A. Not all fuel cards are the same. Here are some popular criteria that fleet managers use when selecting a card program... READ MORE

Previous||1||Next

Author Bio

Bernie Kavanagh

sponsored by

Senior Vice President and General Manager

A 27-year fleet professional, Bernie Kavanagh currently serves as Senior Vice President and General Manager of Large Fleet at WEX Inc. He joined the company in 1996 and his career has been a steady progression of increased sales and marketing responsibility. Kavanagh serves on industry related boards and is a frequent speaker at payment industry conferences focusing on fuel trends and technology in the payment space. He earned a bachelor’s degree from the College of New Jersey and is an active member of NAFA, AFLA, NCSFA and AALA. Prior to joining WEX, Kavanagh held a number of roles with Enterprise Rent-A-Car and Enterprise Fleet Management.

FleetFAQ

Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All

 

Public Fleet Tracking And Telematics

Amin Amini from Verizon will answer your questions and challenges

View All

 

Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All

 

Sponsored by

Part of the Chrysler Group LLC, formed in 2009 from a global alliance between Chrysler and Fiat S.p.A. In the United States, Fiat is a brand of the Chrysler Group LLC.

Read more