PHH FirstFleet announces addition of Freightliner LLC to truck maintenance network

July 30, 2007 - PHH FirstFleet has announced the addition of Freightliner LLC to its North American truck maintenance network. The relationship with Freightliner LLC includes all the major brands – Freightliner, Sterling Trucks, Western Star, and Thomas Built Buses. The expanded maintenance network for private truck fleets now includes over 700 dealer and parts locations of the four brands.

“PHH FirstFleet has aggressively developed a maintenance network for medium and heavy trucks and equipment designed to ensure convenience, cost management, and enhanced reporting,” says Mike Lewis, President and General Manager of the company. “The addition of Freightliner LLC, with their dealerships and parts suppliers, is good news for PHH FirstFleet’s clients and their drivers.”

The maintenance services provided by Freightliner, Sterling, Western Star and Thomas Built Buses locations include:

• 24-hour service locations
• Express services including preventive maintenance, trailer maintenance and repair services
• Warranty services
• Centralized pay-as-you-go emergency breakdown services
• DOT inspections
• Convenient truck rental services

The PHH FirstFleet maintenance network enables medium and heavy truck drivers to get maintenance and repairs authorized and performed on their vehicles at any of these locations. PHH FirstFleet provides expert maintenance assistance from ASE-certified specialists, which ensure that maintenance is performed properly while managing costs. In addition, the program features consolidated billing and immediate access to transactional and trend information via PHH InterActive®, PHH FirstFleet’s online information management system.

About Freightliner LLC
Freightliner LLC, headquartered in Portland, Oregon, is the leading heavy-duty truck manufacturer in North America. Freightliner LLC produces and markets Class 3-8 trucks and is a part of DaimlerChrysler’s Truck Group, the world's leading commercial vehicle manufacturer.

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. Both companies are subsidiaries of PHH Corporation [NYSE: PHH]. PHH FirstFleet is headquartered at 350 East Las Olas Boulevard, Fort Lauderdale, Fla. 33301.  For more information about PHH FirstFleet, call 877-FF4-TRUCK (877-334-8782).