SPARKS, MD – PHH Arval's new telematics-powered fleet service, PHH Onboard, was crowned a winner in the “Best New Product or Service” category by the American Business Awards, also known as the “Stevie” Awards.PHH Arval developed PHH Onboard to help vehicle fleets reduce operating costs and eliminate driving activities that cause accidents and increase risk. The service integrates telematics data from the car or truck with comprehensive fleet information and consultation. PHH Arval consultants provide recommendations, benchmarking analyses, and documentation of actual savings. PHH Onboard’s real-life results can potentially reduce fuel costs by up to 10 percent, idling time by up to 25 percent, and unauthorized use by up to 100 percent, according to the company.“Stevie”winners were announced at the American Business Awards annual gala June 12 in New York City. More than 1,500 nominations were submitted for The 2006 award program. Members of the Awards' Board of Distinguished Judges & Advisors and their staffs selected Stevie winners from among the finalists. Finalists were selected by business professionals nationwide during two months of preliminary judging.