Commercial Truck Center Opened by PHH Arval

PHH Arval, announced the open­ing of its com­mer­cial truck cen­ter in Vir­ginia Beach. Com­mer­cial Truck Cen­ter of Vir­ginia, LLC (“CTC of Vir­ginia”), locat­ed at 740 S. Mil­i­tary High­way, is the company’s first in the coun­try to focus on used light, medi­um and heavy-duty trucks.

“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, COO and senior vice pres­i­dent for PHH Arval. “In addi­tion, CTC of Vir­ginia will enhance returns for our cus­tomers’ leased assets by pro­vid­ing a retail chan­nel of dis­tri­b­u­tion for off-lease vehi­cles.”

“CTC of Vir­ginia is a wel­come indus­try for Vir­ginia Beach,” said War­ren D. Har­ris, direc­tor of Vir­ginia Beach Eco­nom­ic Devel­op­ment. “PHH Arval is a lead­ing inno­va­tor of glob­al fleet man­age­ment ser­vices, and we antic­i­pate this new com­mer­cial truck cen­ter will be a mod­el to be repli­cat­ed in oth­er areas of the coun­try. It will cer­tain­ly be ben­e­fi­cial for this region’s numer­ous logis­tics-depen­dent com­pa­nies to have these ser­vices avail­able to enhance their oper­a­tions.”

CTC of Vir­ginia offers a large selec­tion of off-lease light work trucks that are a good fit for small busi­ness con­trac­tors such as plumbers, elec­tri­cians, and gen­er­al con­tract­ing com­pa­nies. PHH Arval’s newest enter­prise joins oth­er fran­chise loca­tions in Williams­burg, Va. and Eden­ton, N.C.



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