Wednesday, March 17, 2010

Fuel cards provider Fleet One to add 49 jobs in Nashville

Fleet One LLC, a Nashville-based provider of fuel cards and related payment services to owners of commercial fleets, plans to add 49 new jobs in Middle Tennessee.
The additions should boost the company’s Nashville work force to nearly 240 and bucks a trend of employers cutting jobs in part because of the nation’s recent economic downturn.

Andy Roberts, Fleet One’s chief executive, said that the company’s sales performance last year made adding the new jobs possible. “It’s a new push to grow the business and gain more market share,” he said.

Fleet One’s employment base already had grown by 68 percent over the past nine years. Its competitors include Brentwood-based Comdata, FleetCor, and Wright Express.

The newest positions include 30 account executives, including nine jobs that have already been filled in the past week, and 19 in consumer care and financial services. The account executives represent Fleet One’s local and over-the-road fuel card programs.

Judith Hill, director of existing business at the Nashville Area Chamber of Commerce, said helping companies that are already here to expand and grow has been part of its focus. “In a down economy, a headquartered company is adding 49 jobs and that’s positive for our region,” she said.

Fleet One’s fuel cards are accepted at retailers such as Chevron/Texaco, Circle K, Hess, Kroger, Love’s, Mapco, Murphy USA, Petro, Pilot, Sunoco, TA Travel Centers, and Valero.

The company is a division of Fleet One Holdings LLC, a portfolio company of private equity firm LLR Partners of Philadelphia and venture capital firm FTV Capital of San Francisco. The investors joined Fleet One’s management to buy the company from SunTrust Banks in 2008.

Since its 2001 merger with TransPlatinum Service Corp., Fleet One has grown its base of fleet customers by nearly 400 percent. Executives attribute that growth to re-branding of the company’s products, expansion of services, and a focus on its merchant distribution network.

Job applicants can apply for the remaining 40 positions at
Getahn Ward covers business news. He can be reached at 726-5968 or at

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