NORCROSS, Ga.--(BUSINESS WIRE)--Sep. 18, 2013--
FleetCor Technologies, Inc. (NYSE:FLT), a leading global provider of
fuel cards and workforce payment products to businesses, announced today
that it has signed a long-term agreement to provide a new fuel card
solution for Quarles Petroleum. Under the terms of this agreement,
FleetCor will provide a set of outsourcing services to include credit
and collections, transaction processing and overall program reporting.
The Company expects to begin implementation of the program later this
year.
Quarles Petroleum is now in its seventh decade of operations. With the largest
network of private commercial fueling sites on the East Coast,
Quarles operates fleet fueling stations in Virginia, Maryland, Delaware,
Pennsylvania, West Virginia and North Carolina.
“We couldn’t be more delighted to be entering into this partnership with
Quarles,” said Ron Clarke, FleetCor’s chairman and CEO. “Quarles is
looking to expand its commercial fueling business and we are excited
that they have chosen FleetCor as their partner.”
Quarles President, Paul Giambra stated, “At Quarles we are constantly
working to provide our customers with programs, features and benefits to
help them improve the management of their fleets. The relationship with
FleetCor enables us to provide another best-in-class program to our
fleet customers.”
About FleetCor
FleetCor is a leading global provider of fuel cards and workforce
payment products to businesses. FleetCor’s payment programs enable
businesses to better control employee spending and provide
card-accepting merchants with a commercial customer base that can
increase their sales and customer loyalty. FleetCor serves commercial
accounts in North America, Latin America, Europe, and Australia and New
Zealand. For more information, please visit http://www.fleetcor.com.
About Quarles
What began as a one-truck, family oil business in 1940, is today a
family-owned corporation that employs more than 250 people across 7
states. Quarles Petroleum is a mid-Atlantic
distributor of heating oil, propane,
gasoline, diesel fuel, service
station brands, and fleet
fueling services . For more information, please visit http://www.quarlesfleetfueling.com.
Source: FleetCor Technologies, Inc.
FleetCor:
Investor Relations
770-729-2017
investor@fleetcor.com