TelaPoint Eclipses 30-Billion Gallons Managed Milestone

SOUTH PORTLAND, Maine -- Wright Express Corp.'s TelaPoint fuel solutions product has surpassed the 30-billion gallons of fuel managed milestone.

TelaPoint offers fuel supply chain software and services for petroleum distributors, retailers and purchasers of bulk fuel. TelaPoint and its related Fuel Advisor outsourced solutions are utilized at more than 39,000 locations throughout the United States.

"Reaching the 30-billion gallon milestone shows that a growing number of organizations are looking for solutions to reduce inventory carrying costs, lower overall fuel and transportation costs, improve fuel margins, and manage deliveries more efficiently -- particularly in volatile markets," said Greg Iverson, general manager of TelaPoint. "We value our current relationships and are looking forward to helping more organizations more effectively manage their fuel supply and improve margins by utilizing our solutions."

Maine-based Wright Express Corp. offers fleet, corporate and prepaid solutions to more than 350,000 customers.