Private Truck Fleets Look to Leasing

According to Bloomberg/BusinessWeek, America’s truck fleet is the oldest it has been in more than 30 years. The good news is demand for new trucks is on the rise. The bad news is the cost to buy a new commercial truck has jumped more than 30 percent [Read more…]

Penske Launches New “Move Ahead” Blog

Welcome to “Move Ahead” the official blog for Penske Truck Leasing, Penske Truck Rental, Penske Logistics, and Penske Used Trucks. Here we’ll share news, information, tips, special promotions, business insights, in-depth profiles, and more. Whether you’re a homeowner looking for moving tips, a truck fleet -operator, supply chain executive, or journalist looking for a good story – “Move Ahead” has something for you. [Read more…]

Used Commercial Truck Sales Can Be Robust Through 2012

Jack Mitchell notes that the market for used commercial truck sales in the U.S. is strong right now and expects it to continue through 2012.

“Inventory is tight in the marketplace,” said Mitchell, the vice president of remarketing at Penske Truck Leasing.  “There is an aging fleet out there.  With a slight pickup in the economy trucking companies are starting to do better, so utilization is picking up, and there is a demand for used equipment. [Read more…]

Low Consumer Confidence May Dampen Holidays for Retailers

A leading transportation economist predicts a U.S. holiday season that is “a little bit better off this year than last year” but remains concerned as to how the recovery is taking shape.

“Consumer spending is 70 percent of our economy, all of our previous recoveries have been consumer led; this one is not consumer led,” explained Rosalyn Wilson, a senior business analyst with Delcan Corporation.  “There is still very high unemployment, tight credit and lower household net worth.  Caution is the watch word – caution with inventories, consumers are being more cautious. [Read more…]

Rental Express Saves You and Your Business Time

Running your business is tough enough. I bet you can think of all the to-do’s you’ve spent time on today, but can you think of a task that actually took less time than expected? If not, read on.

We understand your customers depend on you. When they need a shipment — it just can’t wait. That’s why we’ve made the process of renting a truck faster and easier. [Read more…]

Penske Discovery Forums Continue Into December

There is still time to register for Discovery Forum 2010, a series of educational open houses for commercial fleet owners and fleet managers that Penske Truck Leasing is hosting.  Here are the remaining dates: [Read more…]

Winter Truck Driving Tips

Old Man Winter is soon coming back, so it’s important to prepare for the season’s hazardous conditions and review some basic commercial truck driving winter safety tips.

Remember, the three P’s of safe winter driving are prepare for the trip, protect yourself and prevent crashes on the road.

Each year, Penske Truck Leasing offers winter driving tips to help you prepare for the wintry weather. [Read more…]

Donated Penske Trucks at Work in Haiti

As residents of Haiti continue rebuilding their lives almost 11 months after a massive earthquake struck near Port-au-Prince, Penske’s $1 million worth of donated trucks continue to help those hit hardest by the devastating quake.

Earlier this year, Penske Truck Leasing, Penske Corporation and its family of companies donated 40 trucks through the Clinton-Bush Haiti Foundation to assist with relief efforts surrounding the earthquake.  Upon arrival these trucks were immediately put to work by the U.N.’s World Food Program (WFP).

The Government of Haiti’s National Equipment Centre is using 20 trucks.  Based in Port-au-Prince, the WFP/Logistics Cluster is utilizing the other 20 as part of the interagency humanitarian response fleet responsible for transporting relief items around the country. [Read more…]

Tools to Manage Your Fleet Easier

Did you know that Penske Truck Leasing offers a customer website designed to help commercial truck fleet managers run their businesses more efficiently and effectively?

MyFleetAtPenske.com is a secure, private website available to U.S. full-service lease and contract maintenance customers.  The site provides information on the customer’s fleet profile and valuable fleet management tools like safety information, fuel locations, maintenance and 24/7 roadside assistance – all with the click of a mouse. [Read more…]

AAA Members Can Enter Penske Truck Rental Sweepstakes

We all love to win. For AAA members, when you rent a truck now through December 31, 2010, you can enter for a chance to win a free Penske truck rental up to $500. To enter, simply rent your Penske truck and then complete the registration form. Be sure to fill out all the required fields. [Read more…]