Two new fleet cards let business purchase fuel at wholesale-based price
and avoid retail price swings
ATLANTA, Feb. 11 /CNW/ - Fuelman, a pioneer of fuel management
solutions, which help businesses control fuel and maintenance expenses,
today announced the launch of its Commercial Advantage and Diesel Advantage fleet cards, offering businesses a new way to save money on fuel
purchases for company vehicles, with wholesale-based pricing on
unleaded and diesel fuel purchases.
Similar to purchasing other business supplies, wholesale-based pricing
lets businesses take advantage of savings on the fuel they use to run
their fleet operations. A unique concept in fleet fuel cards,
wholesale-based pricing is calculated as the cost of fuel plus a small
margin for freight and transaction costs, which can save businesses up
to ten cents per gallon on diesel purchases and up to eight cents per
gallon on the combination of diesel and unleaded purchases.
"Fuelman's proprietary processing system allows our customers to
purchase fuel based on its actual cost rather than the retail mark-up.
So, regardless of the price swings seen on any given street corner,
Fuelman customers of all sizes, can rest assured that they are getting
the maximum savings available by purchasing at a whole-sale based price
everywhere the fleet card is accepted. With the rising price of fuel
showing no signs of slowing down, wholesale-based pricing will provide
an essential advantage for businesses that want to remain competitive
in 2011," says Pamela B. Bartz, vice-president of marketing for
Both the Commercial Advantage and Diesel Advantage fleet cards offer fuel savings with the enhanced purchasing control
features that business needs as well as reporting to help control fleet
expenses, monitor fuel efficiency, track spending by driver and
vehicle, and prevent unauthorized purchases before they happen. Both
fleet cards are accepted at a national network of 40,000 fueling sites
and over 23,000 name brand maintenance locations, which can easily be
found with the new Fuelman Site Locator Application available as a free download through the iTunes App Store, or the
online site locator at http://www.fuelman.com.
Fuelman, a division of FleetCor Technologies, Inc., The Global Fleet
Card Company (NYSE: FLT), helps thousands of businesses and government
entities reduce their fuel expenses, and conveniently purchase fuel and
maintenance services at 63,000 name brand locations nationwide.
Designed specifically for business fueling, Fuelman cards can be
restricted to purchasing predetermined items only and with customized
spending limits. In addition to tracking and accounting for all
expenses with detailed transaction history, Fuelman stops unwanted
purchases that are difficult to control with cash, traditional oil
cards, and credit cards.
SOURCE FleetCor Technologies, Inc.
For further information:
Leah Walters, DDB Public Relations