Penske Truck Rental Joins “TODAY Show” Sandy Relief Effort

TODAY Gives HopeYesterday, NBC News’ “TODAY show” announced “TODAY Gives Hope,” a new ongoing initiative to help bring relief to communities in need. (Watch the TODAY T.V. segment here.) [Read more…]

Penske Announces 2012-2013 National Technical Challenge Results

Penske Truck Leasing has announced the winners of its 2012-2013 National Technical Challenge. The Tech Challenge is a company event that will be held every other year to test the skillsets of its truck maintenance technician workforce via hands-on and written assessments. There were two types of entries: a two-person vehicle systems team and individual competitors in the preventive maintenance (PM) event. [Read more…]

Penske Used Trucks Offering Free Delivery on Select Purchases

Penske Used Trucks is now offering free delivery with the purchase of 18-foot to 26-foot medium-duty box trucks, refrigerated and flatbed trucks. Through March 31, 2013, Penske will deliver the truck directly to customers within a 1,000-mile radius from the point-of-sale. [Read more…]

Interested in a Fleet Maintenance Career at Penske?

Diesel Technician at PenskePenske Truck Leasing’s fleet maintenance and recruiting teams will be looking for qualified candidates at career fairs nationwide to fill diesel technician, fueler/washer/vehicle detailer and fleet maintenance leadership trainee positions. [Read more…]

Penske 2012 Freightliner Trucks Ready to Lease

Penske Freightliner Sleeper TruckPenske Truck Leasing has in its inventory a limited number of 2012 Freightliner trucks for lease with low mileage. The vehicles provide the latest in cutting-edge specs and driver comfort, and feature quick delivery and short-term lease options at discounted rates. [Read more…]

Penske Truck Leasing Issues $1.0 Billion in Senior Notes

Penske-RigPenske Truck Leasing Co., L.P. (“PTL”) and its wholly owned subsidiary PTL Finance Corporation announced they have issued an aggregate of $1.0 billion of senior notes in two tranches with 5.5 year and 10 year maturities at rates of 2.875% percent and 4.25 percent, respectively. The first series matures in 2018 and the second in 2023. The net proceeds of the offering will be used to repay borrowings on PTL’s bank revolver and its credit facility from General Electric Capital Corporation (GECC). This is the fourth successful offering PTL has completed since May, 2012. The current offering was managed by Bank of America Merrill Lynch, J.P. Morgan and Wells Fargo Securities. [Read more…]

Penske Truck Rental Top 10 Moving Destinations for 2012

Penske Truck Rental 2012 Top Moving DestinationsIt is time once again for Penske Truck Rental’s yearly list of top moving destinations within the United States. This is the third straight year the Reading, Pa.,-based company has released the list. [Read more…]