tiprankstipranks
The Fly

Wex in deal with Shell to manage portfolio of commercial fleet cards in N.A.

Wex in deal with Shell to manage portfolio of commercial fleet cards in N.A.

WEX announced that it has reached an agreement with Shell to manage Shell’s portfolio of commercial fleet cards across North America, offering customers a full range of features, functionality, and solutions to meet the everyday demands of a modern commercial fleet. This represents a continuation of agreements first established in 2018 and covers the United States, Canada, and Mexico. “With more than 19.4 million commercial vehicles serviced globally, customers and partners rely on WEX‘s software and payments solutions to simplify the fleet management process,” said Melissa Smith, WEX’s Chair, Chief Executive Officer, and President. “WEX’s technological expertise in fleet mobility combines with Shell’s significant brand presence across North America to provide an operational advantage for enterprise-level fleet operators and small business fleets alike. This agreement illustrates the power of WEX’s global commerce platform and our continued commitment to simplifying the business of running a business.” Inclusive of cobranded offerings with Shell, WEX is a leader in commercial mobility solutions with more than 600,000 businesses as customers within its Mobility segment, representing approximately 19.4 million commercial vehicles serviced globally as of Q1 2024. Both WEX and Shell were recognized in a Forbes ranking of Best Fleet Fuel Card Providers.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com