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NewsMarch 19, 2015

Element Fleet Replacing PHH-Branded Fuel Cards

Element Fleet Management has begun replacing driver fuel and maintenance cards that feature the company's branding as existing PHH-branded cards expire, the company announced.

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NewsDecember 29, 2014

Top 10 Global Fleet News Stories of 2014

Below are the top 10 most popular stories that appeared in the Global Fleet Management eNewsletter for 2014 based on an analysis of open rates by the editors of the newsletter.

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NewsOctober 24, 2014

Element-Arval Global Alliance Extends Partnership

Element Financial Corp. has extended the 14-year partnership between Arval and PHH Arval, following the July merger when representatives from both companies signed an enhanced strategic agreement to form the Element-Arval Global Alliance.

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Articlesby Mike AntichSeptember 26, 2014

Inside Element Financial's Acquisition of PHH Arval

Jim Halliday, president, North America, of Element Fleet Management, formerly PHH Arval, discusses the company's acquisition by Element Financial Corporation and what it means to its clients, supplier partners, and its position in the fleet market.

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NewsAugust 18, 2014

PHH Arval to Transition Go-to-Market Name to Element Fleet Management

The go-to-market name for PHH Arval will transition to Element Fleet Management between now and the end of 2014. Element Financial Corporation, a Canadian-based equipment finance company, acquired PHH Corporation’s North American fleet management unit for $1.4 billion in cash on July 7.

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NewsJuly 8, 2014

Element's PHH Arval Buy Doubles Fleet Portfolio

Element Financial Corp. has finalized its acquisition of PHH Arval for $1.4 billion, a transaction that doubles the size of its managed fleet assets, the Canadian firm has announced.

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NewsJune 20, 2014

Element's Senior Managers Help Finance PHH Arval Acquisition

Element Financial Corp.'s senior management team and Board of Directors has purchased $11.2 million in Element securities to help finance the Canadian fleet financier's acquisition of PHH Arval.

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NewsJune 11, 2014

PHH Arval Holds Fleet Management Symposia

PHH Arval has kicked off its annual series of fleet management symposia in Canada with an event in Ontario that welcomed more than 130 attendees to the Country Heritage Park in Milton.

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NewsJune 2, 2014

PHH Sells Fleet Management Unit for $1.4B

PHH Corp. has agreed to sell its fleet management unit, PHH Arval, to Element Financial Corp. for $1.4 billion in cash in a deal that had been in the works since February.

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NewsJune 2, 2014

Element Raising $1.1B In PHH Fleet Acquisition

The Canadian equipment financier acquiring PHH Arval is raising $1.1 billion to close a deal it says will fuel ambitious expansion plans in the North American fleet management market.

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