Wright Express Net Worth is$585 M Sales
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Company | Company Logo: company type
Traded As: WXS
Foundation: 1983
Location City: South Portland, Maine
Location Country: United States
Key People: Michael E Dubyak,
Products: Fleet Cards
Revenue: USD 393.58; million (2008) Operating Income: USD 161.43; million (2008) Net Income: USD 127.64; million (2008) Num Employees: ~700 (2009)http://phx.corporate-ir.net/phoenix.zhtml?c
Homepage: http://www.wexinc.com
WEX, operating as Wright Express in Australia (and internationally until 2012), is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The Company provides services in the United States, Canada, New Zealand, and Australia.The Companya??s operations are organized into two segments: Fleet and MasterCard. The Fleet segment provides customers with payment processing services specifically designed for the needs of vehicle fleet industries. The MasterCard segment provides customers with a payment processing solution for their corporate purchasing and transaction monitoring needs. The Companya??s wholly owned banking subsidiary, Wright Express Financial Services Corporation (FSC) approves the customer applications and owns the customer relationships for the fuel and maintenance programs, and offers the MasterCard-branded corporate payment solution.


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Wright Express Latest News

Cendant Expected to Spin Off Wright Express, a Fleet Manager

The Cendant Corporation, with a range of businesses from Avis car rental to Century 21, is planning to announce today that it will spin off its Wright Express unit in an initial public offering that ...
Posted: November 22, 2004, 4:00 pm

Wright Express Acquires Fleet One

Just a month after the agreement was announced, Wright Express Corp. (WXS) has completed the acquisition of Fleet One – a fuel cards, financial services and fleet management information services ...
Posted: October 8, 2012, 1:37 pm

Is Wright Express Working Hard Enough for You?

Margins matter. The more Wright Express (NYSE: WXS) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders. ...
Posted: April 30, 2012, 9:20 am
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