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Pricelock and Wright Express Team Up to Expand Fuel Price Risk Management Program Options for Fleets

Monday, April 27, 2009

Pricelock, the world’s only electronic marketplace offering fuel hedging to businesses, and Wright Express [NYSE: WXS] have joined forces to offer fuel price and budget risk management solutions to Wright Express fleet customers.

The new partnership enables Pricelock and Wright Express to provide fleet customers with the option to purchase fuel at a certain fixed daily price for a fixed volume, and to effectively manage those purchases. Covering fleets of all sizes and levels of fuel consumption, this unique suite of products delivers budget control and price protection options to businesses by offering simple ways to manage the cost of fuel.

Article sourced from /www.wrightexpress.com, click here to read full story.

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