Penske and Cardinal Health Extend Dedicated Carriage Agreement

Penske Logistics has extended their dedicated carriage services contract with Cardinal Health. As part of this agreement, Penske Logistics continues to provide truck drivers, trucks and helps optimize the hospital delivery routes for Cardinal Health’s medical segment. [Read more…]

Infographic: Penske and SpareFoot Memorial Day and Moving

Memorial Day weekend marks the unofficial start of summer and kicks off the 2012 moving season as one of the busiest moving weekends of the year for the moving truck rental and self-storage industries. Penske Truck Rental and self-storage tech start-up SpareFoot are teaming up to offer increased convenience and services for savvy do-it-yourself movers.

The relationship launches ahead of Crazy Tuesday, the self-storage industry’s unofficial biggest day of the year, which falls right after Memorial Day. Now, customers of either company can now easily find and reserve a storage unit and moving truck together, in just a few clicks or via one phone call. For more information, you can view the full news release here.  Below is an infographic that best tells the story of all the big moves made on Memorial Day weekend.  [Read more…]

Penske Truck Rental Extends Military Discounts to Veterans

Penske Truck Rental is now expanding do-it-yourself military moving discounts to include veterans of the U.S. military. Now, both active duty and veterans can enjoy perhaps the industry’s best moving discounts. [Read more…]

Penske Truck Rental Sponsors 2012 Sea to Shining Sea Bicycle Ride

Penske Truck Rental is sponsoring the second Sea to Shining Sea cross-country bicycle ride with wounded warriors from America’s military. The event is a creation of World T.E.A.M. Sports, a non-profit that organizes athletic events for disabled and able bodied citizens. [Read more…]

Penske Will Seek New Talent at Milicruit Online Career Fair

Penske will be a part of tomorrow’s Milicruit online career fair. Milicruit is a website devoted to pairing U.S. military veterans with prospective employers. It will take place on Wednesday, May 23, from 1 p.m. to 4 p.m. ET. Penske human resources staff will host real-time chats with prospective associates. [Read more…]

Penske Sponsors AFREC Sustainability Summit

Penske Truck Leasing is among the major sponsors of the upcoming Alternative Fuels Renewable Energies Council Sustainability Summit. The event includes executives from leading private and Fortune 500 companies, where sustainability improvement efforts will be highlighted. Penske executives will also be present.  [Read more…]

Penske Truck Leasing Issues $1.75 B in Senior Notes

Penske Truck Leasing Co., L.P. (“PTL”) and its wholly owned subsidiary PTL Finance Corporation today announced that they have issued an aggregate of $1.75 billion in senior notes in two equally sized tranches of notes with three- and five-year maturities. The net proceeds from the sale of the notes will be used to refinance existing PTL debt. The offering was managed by J.P. Morgan, Bank of America Merrill Lynch and Wells Fargo Securities. [Read more…]

Penske and Ford Earn European Logistics Excellence Award

Yesterday, in Kiev, Ukraine, the European Logistics Association (ELA) honored Penske Logistics and Ford Motor Company with the 2012 European Award for Logistics Excellence. The companies received the award for a case study submitted to the organization, which documented their close collaboration on the innovative Network Integrator concept developed by the two companies. [Read more…]

Penske Truck Rental Exhibiting at National Relocation Conference

Simple Moving Labor and CubeSmart will join Penske Truck Rental’s team of exhibitors at the Worldwide Employee Relocation Conference’s 2012 National Relocation Conference May 9 – 11, 2012 in San Antonio, Texas. [Read more…]

Penske Hosting May Job Fairs at UTI, WyoTech and UNOH. Diversity Career Fairs Also Slated this Month.

Penske Truck Leasing and Penske Logistics are looking for qualified candidates at career fairs nationwide to join our diverse and talented team. [Read more…]