NORCROSS, Ga., Feb 06, 2012 (BUSINESS WIRE) --
FleetCor Technologies, Inc.
FLT
+1.27%
, a leading provider of fuel
cards and specialized payment products to businesses, announced today
that it has signed an agreement with PHH Arval to provide a new
universal fuel card program to their customers across North America.
PHH Arval provides outsourced fleet services to nearly one-third of the
Fortune 500 companies. In this new agreement, FleetCor will provide a
new universal fuel card program for PHH Arval's Canadian business as
well as its North American heavy truck business.
"We are delighted to announce this new relationship with PHH Arval. We
hope to provide an advantaged fuel card solution for PHH Arval's
customers that will ultimately lead to additional business for FleetCor
in this very important fleet leasing market segment," said Ron Clarke,
Chairman and CEO of FleetCor.
About PHH Arval
PHH Arval, a subsidiary of PHH Corporation
PHH
+1.26%
, 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
http://www.phharval.com ,
or call 800 ONLY PHH.
About FleetCor
FleetCor is a leading global provider of fuel cards and specialized
payment products to businesses. FleetCor's payment programs enable
businesses to better control employee spending and provide
card-accepting merchants with a high volume customer base that can
increase their sales and customer loyalty. FleetCor serves commercial
accounts in North America, Latin America, and Europe. For more
information, please visit
http://www.fleetcor.com .
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