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PHH FirstFleet Partners with Wright Express to Introduce Fuel Card
SOUTH PORTLAND, Maine, July 24 /PRNewswire-FirstCall/ -- PHH FirstFleet, a national provider of asset management, financial services, and high technology operational support to the nation's private truck fleets, and Wright Express Corporation (NYSE: WXS), a leading provider of payment processing and information management services to the U.S. and Canadian commercial and government fleet industry, have jointly announced the introduction of a new branded fleet fuel card for PHH FirstFleet customers.
The fleet card, developed by Wright Express Corporation, enhances PHH FirstFleet's ability to offer a nationally accepted fleet card, branded with the PHH FirstFleet logo, to all its light, medium, and heavy truck, tractor, trailer and material handling equipment fleet customers. The card is accepted at over 180,000 fuel and vehicle maintenance locations, including more than 8,200 truck stops and 50,000 retail sites for diesel fuel. Customized specifically by PHH FirstFleet for its client base, the card program offers convenience, consolidated billing, comprehensive reporting, fraud control, and cost management capabilities.
"We're delighted PHH FirstFleet partnered with Wright Express to provide its fuel card," said Mike Dubyak, president of Wright Express. "We look forward to providing PHH FirstFleet with a world-class set of services that enhance its success in meeting the needs of its clients."
"PHH FirstFleet clients are looking for ways to achieve comprehensive cost management and enhanced productivity," said Mike Lewis, president and general manager. "This expanded fuel program is a major enhancement to the full range of services we provide as a one-stop resource to private truck fleets."
About PHH FirstFleet
PHH FirstFleet, the comprehensive truck services group of PHH Arval, is a national provider of asset management, financial services, and high technology operational support to the trucking and transportation industry throughout North America. It is a subsidiary of PHH Corporation (NYSE: PHH). PHH FirstFleet is headquartered at 350 East Las Olas Boulevard, Fort Lauderdale, FL 33301. For more information, call 877-FF4-TRUCK (877-334-8782) or visit www.phhfirstfleet.com.
About Wright Express
Wright Express is a leading provider of payment processing and information management services to the U.S. commercial and government vehicle fleet industry. Wright Express provides these services for approximately 295,000 commercial and government fleets containing 4.3 million vehicles. Wright Express markets these services directly as well as through more than 125 strategic relationships, and offers a MasterCard-branded corporate card. The Company employs more than 675 people and maintains its headquarters in South Portland, Maine. For more information about Wright Express, please visit http://www.wrightexpress.com.
SOURCE Wright Express Corporation -0- 07/24/2007 /CONTACT: Jessica Roy of Wright Express, +1-207-523-6763, Jessica_Roy@wrightexpress.com; or Ms. Pilar Page of PHH FirstFleet, +1-410-771-2733, email@example.com; or Keith Strickland of Starmark | MARC USA, +1-954-874-9000, firstname.lastname@example.org; or Investors, Steve Elder, +1-207-523-7769, Steve_Elder@wrightexpress.com, both for Wright Express/ /Web site: http://www.wrightexpress.com http://www.phhfirstfleet.com / (WXS PHH) CO: Wright Express Corporation; PHH FirstFleet; PHH Corporation ST: Maine, Canada IN: TRN OIL HRD CPR FIN SU: CON SS-MD -- NYTU070 -- 8647 07/24/2007 07:54 EDT http://www.prnewswire.com