"We're excited at the opportunity to partner with U.S. Bank for our Texas fleet," said Cosby CEO Larry Clanton. "Our drivers appreciate the near-universal acceptance of the Voyager card, while our fleet administrators appreciate its sophisticated purchase controls and [image-nocss] comprehensive-yet-easy-to-read transaction data."
By becoming a channel partner, Cosby Oil joins the nationwide U.S. Bank network of providers offering efficient and controlled ways to purchase fuel and maintenance services. The U.S. Bank Channel Partner Program allows partners to generate revenue based on monthly fuel volume purchased with the co-branded Voyager Fleet Card at domestic and remote locations.
"Cosby Oil's 62-year heritage of serving customers with quality products and services makes them an ideal channel partner," said Jeff Rankin, senior sales and marketing officer, U.S. Bank Corporate Payment Systems. "We welcome them to the program and look forward to helping them take their offering to a new level."
U.S. Bank, a provider of universal fleet fueling and maintenance cards and owner of the Voyager merchant processing network, is expanding its Channel Partner Program.
Voyager Fleet Systems Inc. is a leading card network for fuel and maintenance merchants. Specifically designed to serve the needs of automobile and light-truck fleets, Voyager acceptance is found at gasoline pumps and registers of more than 230,000 retail locations in all 50 states. The network, which is owned and operated by U.S. Bank, is designed to capture fleet management information beyond the abilities of other card networks.
In addition to operating the card network, Minneapolis-based U.S. Bank issues its own fleet card, private-label cards and channel partner cards to more than 1.6 million vehicles. U.S. Bank is the fifth largest commercial bank in the United States. Its parent company is U.S. Bancorp, with $311 billion in assets as of March 31, 2011.
Santa Fe Springs, Calif.-based Cosby Oil is a leader in the petroleum industry serving customers with products and services since 1939. It is one of the largest ConocoPhillips distributors and provides transportation for gasoline, diesel fuel and lubricants.
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