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PHH May Jettison Fleet Business, Mortgage Business, or Both
2014-02-17 02:55:08| AutomotiveDigest.com - Automotive Industry News
Company cites desire to maximize shareholder value PHHs Corp.s fleet business continued to rack up solid results last year. At the same time, the company announced it has retained J.P. Morgan Securities LLC, Centerview Partners LLC, and Kirkland & Ellis LLP to assist in exploring ways to maximize shareholder value through separation or sale of the Companys fleet business, its mortgage business, or both. In fourth quarter 2013, PHH Arvals Fleet Management Services segment profit was $22 million, up $2 million from fourth quarter 2012. For all of 2013, Fleet Management Services segment profit was $88 million, up from $87 million in 2012. Fleet Management Services includes fleet leasing and fleet management. READ MORE The Article PHH May Jettison Fleet Business, Mortgage Business, or Both appeared first on Automotive Digest.
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PHH Arval Names Scott Madden VP of Business Development
2014-01-18 22:09:59| AutomotiveDigest.com - Automotive Industry News
PHH Arval announced that Scott Madden has been appointed vice president of business development for Canadas central and eastern regions. Scott brings a strong track record of driving growth and building client relationships, said Pat Furgiuele, PHH Arval senior vice president and general manager, Canada. His approach aligns with our customer focus and he will [...]The Article PHH Arval Names Scott Madden VP of Business Development appeared first on Automotive Digest.
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PHH Teams with VNG for CNG Fueling Solutions
2014-01-04 22:31:32| AutomotiveDigest.com - Automotive Industry News
PHH Arval has expanded its alternative fuel capabilities through an agreement with VNG.CO, a creator of a compressed natural gas (CNG) fueling network. The agreement will support PHH fleets integrating light-duty natural gas vehicles (NGVs) into their operations. Across the nation fleet operators can take advantage of NGVs to save up to 40 percent on [...]The Article PHH Teams with VNG for CNG Fueling Solutions appeared first on Automotive Digest.
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cng
Meals on Wheels Works with PHH Arval to Improve Fleet and Service Delivery
2013-12-08 18:53:04| AutomotiveDigest.com - Automotive Industry News
Leaders in the Central Maryland chapter of Meals on Wheels asked PHH Arval to resolve a problem it was facing creating a van with heating and cooling elements to ensure proper meal delivery while minimizing vehicle maintenance costs and downtime expenses. PHH responded by generating a vehicle design and lease structure that will enable Meals on Wheels to make more deliveries more quickly with fewer issues. READ MOREThe Article Meals on Wheels Works with PHH Arval to Improve Fleet and Service Delivery appeared first on Automotive Digest.
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PHH Arvals Center for Transportation Safety Opening Academy to Public
2013-12-08 18:26:22| AutomotiveDigest.com - Automotive Industry News
The Center for Transportation Safety, a PHH Arval Company and a leading provider of driver training solutions and fleet risk management, has opened its curriculum to the public through CTS Driving Academy in Colorado. The Academy teaches those interested in obtaining their commercial drivers license (CDL) using CTS expert instructors who are certified in National Safety Council Defensive Driving. READ MOREThe Article PHH Arvals Center for Transportation Safety Opening Academy to Public appeared first on Automotive Digest.
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