PHH Arval has opened its first commercial truck center in the country in Virginia Beach to offer its off-lease truck inventory, the fleet management company announced Thursday.
by Staff
February 27, 2014
Photo courtesy of PHH Arval.
1 min to read
Photo courtesy of PHH Arval.
PHH Arval has opened its first commercial truck center in the country in Virginia Beach to offer its off-lease truck inventory, the fleet management company announced Thursday.
The Commercial Truck Center of Virginia, which is located at 740 S. Military Highway, will offer a venue for the remarketing of PHH used light-, medium-, and heavy-duty trucks.
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"The Port of Norfolk and large military presence supports a number of independent freight and transport businesses that will find value in our inventory of used trucks," said Tom Keilty, PHH Arval's COO and senior vice president. "In addition, CTC of Virginia will enhance returns for our customers' leased assets by providing a retail channel of distribution for off-lease vehicles."
The center offers a large selection of trucks that would be a good fit for small business contractors such as plumbers, electricians, and general contracting companies.
The 2026 Conference of Automotive Remarketing convened with a mandate to involve a new constituency — fleet managers — and an updated mission to demonstrate unrealized value in de-fleeted vehicles.
The Association, dedicated to advancing the remarketing phase of the vehicle lifecycle, held its kick-off meeting on April 16 at the 2026 Conference of Automotive Remarketing (CAR) in Cleveland.
From a Wall Street analyst's take on remarketing's key players to whether fleets need their own version of Carfax, CAR 2026's afternoon roundtables will answer key operational and industry questions.
A panel at the 2026 Conference of Automotive Remarketing will examine how resale value is created across the vehicle lifecycle and which traditional remarketing practices still deliver ROI.