Shell agrees €300m managed fuel card service

Oil giant Shell has signed a 10-year, €300m deal with service provider Logica and software company FleetCor Technologies

Oil giant Shell has signed a 10-year, €300m deal with service provider Logica and software company FleetCor Technologies to manage the company's B2B fuel card programme.

Shell offers businesses customers fuel cards as a way for them to buy fuel for their vehicle fleets. This is a way of paying for and montoring fuel usage.

Logica will run the technology and business processes underpinning Shell's fuel cards in partnership with FleetCor. It will initially run Shell's existing system but will replace it with a system built around FleetCor's Global FleetNet (GFN) card processing platform.

Logica will then run the service for Shell.

John Rasmussen, vice president of commercial fleet at Shell, said, "Fuel cards are an essential element in helping to drive growth in our retail operations and we are delighted to sign this agreement with Logica/ FleetCor, each of whom bring specialist and complementary skills to the partnership.

"The technology and services that underpin our cards business are critical success factors and this agreement will allow us to increase the quality of our delivery, while at the same time operating in a more efficient and integrated way."

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