Fleet One Renews Key Merchant Contracts
Published in CSP Daily News
Thorntons, Love's, Mapco Express extend acceptance agreements
NASHVILLE, Tenn. -- Fleet One LLC said that it has renewed and expanded contractual relationships with three strategic merchant partners.
Fleet One agreed to a three-year contract extension with Louisville, Ky.- based Thorntons Inc, a Fleet One partner since 1998. Thorntons will continue accepting Fleet One Local fuel cards at its 155 convenience store locations in Kentucky, Ohio, Indiana, Illinois and Connecticut.
Fleet One and Love's Travel Stops & Country Stores, headquartered in Oklahoma City, agreed to a three-year contract [image-nocss] extension that allows Fleet One Local and over-the-road (OTR) card acceptance at Love's 100 travel stops & 67 Country Stores locations across the country.
Fleet One and Franklin, Tenn.-based Mapco Express Inc. agreed to an 18-month contract extension for acceptance of both the Fleet One Local and OTR fuel cards. It also adds the Virginia and Alabama Mapco stores to the network. Mapco Express operates 332 locations in an eight-state region.
"Having quality stores such as Thorntons, Love's, and Mapco helps us to expand our fleet customer base and in turn, grow the fuel marketer's commercial fuel business," says Michael Thompson, Fleet One's senior vice president of sales and marketing. "Our fuel retailers also benefit from a loyal base of customers who buy products other than fuel at these locations."
Fleet One provides financial service solutions to companies with fleets of vehicles, and the merchants that serve them. It is an affiliate of SunTrust Banks Inc., and it delivers private-label fuel card programs, electronic payment authorizations and billing, financial settlement, detailed reporting and a host of other value-added solutions to its nationwide customer base. The company also offers Fleet One Local and Fleet One Over The Road fuel card programs for businesses with company vehicles.