WEX report shows US fleet fuel purchases hold steady despite 43% price surge

Bitget2026/11/10 15:09

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WEX launched a fleet spending report covering January-September 2026, showing commercial fleets maintained fuel consumption despite rising prices.
Average US fuel prices rose approximately 43% year over year to $4.85 per gallon in the third quarter.
North American commercial fleets paid above local fuel-price benchmarks in 38.1% of cases, highlighting potential savings from changing fueling locations.
Premium fuel cost an average $0.78 more per gallon, creating potential savings of up to $86.9 million for vehicles not requiring it.
The analysis recommended EV replacement for 27% of assessed vehicles, with modeled lifetime savings averaging $16,595 per replacement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WEX Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261110226598) on November 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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WEX report shows US fleet fuel purchases hold steady despite 43% price surge

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