PHH Arval’s Center for Transportation Safety is 2011 Stevie® Award Finalist

Sparks, MD – May 23, 2011 – Center for Transportation Safety, a division of PHH Arval, was named a Finalist for New Product or Service of the Year in the Services category of the ninth annual American Business Awards and is now eligible for a Stevie Award.

Last year, PHH Arval added a new division called the Center for Transportation Safety, or CTS, as the result of an acquisition in July 2010 of CTS’ assets, a leading provider of fleet risk management and driver training solutions. Combined with PHH’s existing risk and safety programs, the new driver training capability is delivering enhanced results in helping companies alleviate risk and have fewer accidents.  

“One of the top concerns of our clients is the safety of their drivers and the risk inherent in operating fleet vehicles,” said Jay Shelly, Vice President, Center for Transportation Safety. “The goal behind all of our training programs is to simulate all potential real-world driving situations and equip drivers to react to the way their vehicle will respond before ever going out on the road.”

CTS clients have achieved tremendous results after completing the driver training programs.  One major client put 4,000 of its fleet drivers through the training and saw its crash rate per million miles decrease by 10 percent. Another client realized a 43 percent reduction in property damage incidents over the course of the year’s program.  

In addition to the training programs provided by CTS, clients can also utilizePHH’s telematics service, PHH Onboard^®, to help improve driver behavior behind the wheel. 

The awards are presented by the Stevie Awards, which organizes several of the world’s leading business awards shows including the prestigious American Business Awards.

This year’s Stevie Award winners will be announced at the 2011 awards banquet in New York's Marriott Marquis Hotel on June 20. This year's banquet will benefit Camfed, which fights poverty and HIV/AIDS in Africa by educating girls and women to become leaders of change.

About PHH Arval
PHH Arval, a subsidiary of PHH Corporation [NYSE: PHH], is a leading fleet management services provider in the United States and Canada. PHH Arval provides outsourced fleet management solutions to corporate clients, including nearly one-third of the Fortune 500 companies. Through consultative expertise, flexible customer service, and award-winning Internet technology, PHH Arval helps clients reduce costs and increase productivity.  For more information, visit www.phharval.com, or call 800 ONLY PHH.

About Center for Transportation Safety
Center for Transportation Safety (CTS), a division of PHH Arval, is an industry leader in training drivers of vehicles of all sizes to reduce accidents and mitigate risk. CTS offers highly customizable programs that include mobile and fixed full-freedom simulators, as well as classroom, behind-the-wheel and online training. Its clients include corporations, non-profits, municipalities, and state and federal governments. For additional information about CTS, please visit www.centerfortransportationsafety.com.