WEX and ARI Celebrate 25 Years of Partnership with New Global Contract
June 26 2018 - 6:45AM
Business Wire
WEX Inc., a leading provider of global payments solutions, and
ARI, a leading global fleet services provider
specializing in complex car and truck fleets, today celebrate
25 years of collaborative fuel spend solutions.
ARI has been a strategic partner with WEX since 1993, the
second-ever co-brand partner in WEX’s history. In 2017, ARI signed
a five-year global contract extension, extending its WEX co-branded
fuel card.
“Since day one ARI has been a partner that pushes us with an eye
towards the future,” said Bernie Kavanagh, senior vice
president and general manager of large fleet for WEX. “ARI is
always looking to test and adopt new technologies or platforms, and
we look forward to the continued success of this business model and
partnership, bringing end-to-end fleet solutions to our joint
customers across the globe.”
In February 2018, ARI was the first FMC to announce rollout of
the WEX Millennium platform, offering access to real-time
authorization data, increased control over transactions, and the
ability to create multiple fuel profiles with different
parameters.
"WEX has been a long-time strategic partner for ARI and we are
excited to continue our relationship," said Frank Carbone, Vice
President, Global Product Management for ARI. "Our partnership with
WEX enables ARI to deliver innovative fuel solutions to help our
customers become more efficient and reduce costs. Our recent
rollout of the WEX Millennium platform is providing our clients
more flexibility and added fuel controls, and it has strengthened
our value proposition to our customers."
About WEX Inc.Powered by the belief that complex payment
systems can be made simple, WEX Inc. (NYSE: WEX) is a
leading provider of payment processing and business solutions
across a wide spectrum of sectors, including fleet, travel and
healthcare. WEX operates in more than 10 countries and in more than
20 currencies through more than 3,300 associates around the world.
WEX fleet cards offer 11.5 million vehicles exceptional payment
security and control; purchase volume in its travel and corporate
solutions grew to $30.3 billion in 2017; and the WEX
Health financial technology platform helps 300,000 employers
and more than 25 million consumers better manage healthcare
expenses. For more information, visit www.wexinc.com.
About ARIARI, a Holman Enterprises company, has
revolutionized fleet management with technology that enables
organizations around the world to realize new levels of efficiency
and value by leveraging the power of data through the ARI insights®
portal. Founded in 1948, ARI, now the largest family owned company
in the industry, has continuously uncovered new ways for fleet
managers to translate their fleets’ data into decreased costs and
improved driver safety. Headquartered in Mount Laurel, New Jersey,
ARI manages more than 1.5 million vehicles in North America, the UK
and Europe and, together with its strategic partners, 3 million
vehicles worldwide. Learn more at ARIFleet.com and on LinkedIn,
Facebook and Twitter.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180626005279/en/
Media Contact – WEX Inc.Robert Gould,
207-523-7429robert.gould@wexinc.comorMedia Contact – ARIMike
Cianfrone, 856-533-9329
(office)856-840-9863 (cell)mcianfrone@arifleet.com
WEX (NYSE:WEX)
Historical Stock Chart
From Aug 2024 to Sep 2024
WEX (NYSE:WEX)
Historical Stock Chart
From Sep 2023 to Sep 2024