SOUTH PORTLAND, Maine--(BUSINESS WIRE)--Oct. 14, 2014--
WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions,
today announced WEX Fleet One was selected to provide co-branded
over-the-road (“OTR”) fuel card services for Sunoco Inc. (“Sunoco”).
This partnership will allow heavy truck operators access to the WEX
Fleet One network, including Sunoco’s participating high speed diesel
fueling locations.
Sunoco’s selection of WEX Fleet One as its OTR fuel card service
provider enhances the long standing relationship between WEX and Sunoco
and complements Sunoco’s major investment in a turnpike strategy to
deliver a commercial OTR fleet card program that will offer fleet
solutions and deliver savings on fuel to heavy truck operators utilizing
the northeast turnpikes. The newly co-branded Sunoco OTR cards offer
benefits including industry-leading controls, fraud reduction and fuel
savings throughout the Sunoco and WEX Fleet One network.
“By partnering with WEX, Sunoco will leverage its significant high speed
diesel site coverage to reach heavy truck operators, specifically in the
northeast on the turnpikes and thruways in New Jersey, New York,
Pennsylvania, Ohio, Delaware and Maryland with the proven WEX Fleet One
OTR fleet card program,” said Bill Cooper, general manager of fleet OTR
and partner channels at WEX. “We are excited to work together with
Sunoco to bring to market this high value fleet solution coupled with
convenient locations and quality Sunoco brand.”
About WEX Inc.
WEX Inc. (NYSE: WEX) is a leading provider of
corporate payment solutions. From its roots in fleet card payments
beginning in 1983, WEX has expanded the scope of its business into a
multi-channel provider of corporate payment solutions representing more
than 7.9 million cardholders and offering exceptional payment security
and control across a wide spectrum of business sectors. The Company’s
operations include WEX Bank, Fleet One, rapid! PayCard, Evolution1, WEX
Australia, WEX New Zealand and WEX Europe, as well as a majority equity
position in UNIK S.A., Brazil. WEX and its subsidiaries employ more than
1,700 associates. For more information about WEX, please visit www.wexinc.com.
About WEX Fleet One
WEX Fleet One provides fuel cards
and fleet management solutions to businesses and government agencies, as
well as the merchants that serve them. Our customers use Fleet One fuel
cards at convenience stores, truck stops and maintenance merchants
across the country to capture purchasing data and pay for fuel and fleet
maintenance on cars, vans and trucks of all classes and sizes. WEX Fleet
One solutions offer these additional services: private label fuel card
programs, real-time reporting, tax-exempt billing, vehicle tracking
tools, electronic payment authorizations, billing and financial
settlement. WEX Fleet One is an operation of WEX Inc. (NYSE: WEX).
Source: WEX Inc.
News media contact:
WEX Inc.
Jessica Roy, 207-523-6763
Jessica.Roy@wexinc.com
or
Investor
contact:
WEX Inc.
Michael E. Thomas, 207-523-6743
Michael.Thomas@wexinc.com