Save 10 to 25% on the Total Cost of Fueling
Wright Express encourages small businesses to adopt the best practices
of America’s largest fleets to save on the
cost of fueling vehicles. Dedicated fuel purchasing programs and
emerging technology save on the total cost of fueling--which can quickly
translate to bottom line savings with today's fuel prices.
To save on fueling, costs fleets typically use a customized charge card
program that is used only for vehicle related purchases. Wright Express’
dedicated card program is convenient and easy to deploy and helps fleets
enforce fueling policies, sets limits at the pump, monitors employee
purchases, tracks the best gas prices in an area and puts business
owners in control of employee fuel buying. Significant savings can be
realized by enforcing vehicle use policies, using a fuel buying program
that sets and tracks limits, tracking unauthorized use and using
telematics technology.
Employing these simple techniques can quickly get employees to
understand that the fuel in the work car or truck isn’t
theirs to waste.
"As the cost of fuel goes up everyday it highlights the risks inherent
in giving employees free rein to buy and use fuel. A clearly managed
vehicle use policy backed up with a reporting and control program often
leads to dramatic savings," said Mike Dubyak, Chairman, CEO, and
President of Wright Express.
Another example that smaller companies are learning from large fleets is
the use of GPS/telematics technology. Fleets of heavy trucks were early
adaptors of telematics to track drivers, measure and report on idle
time, monitor engine performance, and optimize route planning. Smaller
businesses are now able to take advantage of the same technology adapted
to their types of vehicles and business operations. Wright Express
offers a GPS/Telematics solution that can be accessed through Wright
Express’ online applications.
“Over the past 25 years, Wright Express has
partnered with fleets to build programs that center on security,
control, and ease of use around vehicle fueling and maintenance,”
continued Dubyak. “Cost savings have always
been an important part of that equation – but
I feel strongly that now, more than ever, businesses with vehicles need
to do everything they can to save on the total cost of fueling and
eliminate unauthorized use. Today saving 10-25% of total fuel costs can
have a big impact to a business’s bottom line,
and deploying our program enables a small business to recognize these
levels of savings.”
About Wright Express: Wright Express (NYSE:WXS) is a leading
provider of payment processing and information management services to
the U.S. commercial and government vehicle fleet industry. Wright
Express provides these services for approximately 300,000 commercial and
government fleets containing 4.5 million vehicles. The Company markets
its payment processing services directly and is an outsourcing provider
for more than 125 strategic relationships and more than 300 franchisees,
and offers a MasterCard-branded corporate card. The Company employs more
than 700 people and maintains its headquarters in South Portland, Maine.
For more information about Wright Express, please visit
wrightexpress.com.
Perry & Banks
Rob Coburn, 207-761-5957 x322
rcoburn@perrrybanks.com
or
Wright
Express
Jessica Roy, 207-523-6763
Jessica_Roy@wrightexpress.com
