Article

Reducing Fuel Consumption as Gas Prices Rise

KMP_2223-2.jpg
The price of gas at the pump has been steadily going back up. This can increase the cost of business considerably, and the options are often to absorb the cost or pass it on to customers and clients. When the price of fuel increases, the ability to consume fuel more efficiently becomes even more important to the bottom line. Little changes like keeping tires properly inflated, avoiding idling, and avoiding quick acceleration and braking can all add up to money saved. It may be worth having a seminar to remind your drivers of best gas-conserving practices.

Toffer Grant is PEX's Founder and CEO. He founded PEX in 2006 as a prepaid card solution for small businesses. His background in the prepaid industry began at Clarity Payment Solutions, where he initiated 65 prepaid card programs in consumer, corporate, and emerging verticals of the prepaid card industry. 

Concentrated young businesswoman explaining market research results in graphs to mixed race colleagues. Focused group of diverse employees holding brainstorming meeting, discussing project ideas.

How PEX Helps Middle Market Companies Beat Their Competition

Shot of smart business people working with plans while talking of their new design business in the office

5 AI Tools to Supercharge Your Back-Office Productivity Today

Businesswoman is talking about new project in the meeting room. Her team is sitting around a table and listening their manager carrefully.

Proactive Workforce Spend Management

Stay up to date on the latest PEX news!

Opinions, advice, services, or other information or content expressed or contributed here by customers, users, or others, are those of the respective author(s) or contributor(s) and do not necessarily state or reflect those of The Bancorp Bank, N.A. (“Bank”). Bank is not responsible for the accuracy of any content provided by author(s) or contributor(s).