PHILADELPHIA -- Sunoco Inc. has selected corporate payment solutions provider WEX Inc.'s WEX Fleet One to provide co-branded over-the-road (OTR) fuel card services.
This partnership will allow heavy-truck operators access to the WEX Fleet One network, including Sunoco's participating high-speed diesel fueling locations. The deal enhances the longstanding relationship between WEX and Sunoco and complements Sunoco's major investment in a turnpike strategy.
"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.
South Portland, Maine-based 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 variety 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.
WEX Fleet One provides fuel cards and fleet management solutions to businesses and government agencies, as well as the merchants that serve them. Its customers use Fleet One fuel cards at convenience stores, truckstops 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.
Philadelphia-based Sunoco is owned by Energy Transfer Partners LP, a master limited partnership (MLP) owning and operating one of the largest and most diversified portfolios of energy assets in the United States. It owns 100% of Sunoco Inc. with a network of more than 5,000 Sunoco branded retail sites in 24 states, and 100% of Susser Holdings Corp., which operates more than 640 convenience stores, primarily in Texas. The combined unit is being named Sunoco LP.