Fleet Cards in 2023: An Industry in the Fast Lane

This report analyzes the market trends and developments in the commercial fleet space, with an emphasis on closed-loop” and open-loop fleet card products as well as cardless solutions. The report examines the current market offerings and how fleet card companies are addressing the needs of the modern fleet customer. It examines trends in diesel fueling, the most common method used for fueling larger vehicles, and trends in alternative fueling, including payment acceptance. Fleet electrification trends as well as public and private charging stations are also explored, and the report details our expectations for the future of fleet operations.

Key questions discussed in this report:

• What are the types of fleet products on the market today?
• How are fleet card vendors addressing the needs of fleet customers?
• How are fleet vendors adapting to developments in alternative fueling?
• How will alternative fueling affect the fleet card market?

Companies mentioned:

Alternative Fuels Data Center, American Transportation Research Institute, American Trucking Association, AtoB, Avanta Ventures, BlackBerry Limited, Bridgestone, Car IQ, Celtic Bank, Circle K, Coast, Comdata, Commercial Fueling Network, Corserv, CrossRoads, Discover, Edenred, Electronic Funds Source, Energy Information Association, Fiserv, Fleet One, Fleetcor, Fuelman Discount Network, High Note, Mastercard, Mina, Motorq, National Association of Small Trucking Companies, Navistar, Petro Stopping Center, Plugsurfing, Regions Bank, State Farm Ventures, TA, TA Express, TELUS Ventures, The Bancorp Bank, U.S. Bank, U.S. Department of Energy, Visa, WEX Bank, Wright Express (WEX)