Simon Pagenaud Racing in Penske Truck Rental IndyCar in 2015

Simon Pagenaud 2015 IndyCar, Penske Truck RentalSimon Pagenaud will drive the No. 22 Team Penske Dallara/Chevrolet IndyCar in Penske Truck Rental colors for four races in the Verizon IndyCar Series this season, including opening weekend in St. Petersburg, Florida. [Read more…]

Penske Logistics Reaches Agreement to Acquire Transfreight N. A.

PL stock photo Penske Logistics announced it has reached an agreement to acquire Transfreight North America, a provider of third-party logistics and supply chain solutions, from Mitsui & Co., Ltd. Financial terms were not disclosed. [Read more…]

Penske Truck Leasing Welcomes Mitsui as New Investor

Penske Truck Leasing Global HeadquartersPenske Truck Leasing Co., L.P. (“PTL”) today announced that Tokyo-based Mitsui & Co., Ltd. (“Mitsui”) has acquired a 20.0% limited partnership interest in PTL from General Electric Capital Corporation (“GECC”). Following Mitsui’s investment, GECC will continue to own a 29.9% limited partnership interest. The transaction will not have any impact on Penske Corporation’s management and control of the company as it will continue to own a 50.1% interest in PTL and control the General Partner. [Read more…]

Penske Truck Leasing Starts New National Ad Campaign (Videos)

Revised logosPenske Truck Leasing is “tipping off” a new ad campaign this month starting with ESPN.com during college basketball’s biggest month. The new campaign aims to highlight the breadth of the brand’s service offering to businesses and consumers in a unique and entertaining way. [Read more…]

Penske Opens Truck Rental and Leasing Office in Melbourne, Australia

Penske Truck Leasing Australia FreightlinerPenske Truck Leasing (“Penske”) has opened a new truck rental and full-service truck leasing office in Melbourne, Australia, located at 488 Blackshaws Road, Altona North, Victoria 3025. The hours are Monday through Friday 8 a.m. to 5 p.m. and Saturdays from 8 a.m. to noon. For truck rental and leasing information call 1-300-GO-PENSKE or visit www.pensketruckrental.com.au. The new office is co-located within the Penske Power Systems facility (formerly MTU Detroit Diesel), a subsidiary of Penske Automotive Group, Inc. [Read more…]

Penske Moves Hollywood Movie History

HollywoodIn a modest studio outside of Reading, Pennsylvania, iconography from Hollywood’s golden era adorn a sea of mannequins as part of “Gene London’s Hollywood.”

The collection, some 60,000 strong, is the work of London, film fashion historian and former children’s television host who has been collecting the fashions for decades. [Read more…]

Penske Trucks to Trek Cross-Country on Golf’s LPGA Symetra Tour

Emily Talley during the second round of FireKeepers Casino Hotel Championship at Battle Creek Country Club in Battle Creek, Mich.. on June 7, 2014.  ©2014 Scott A. MillerAs the official truck provider of the LPGA’s feeder Symetra Tour, Penske rental trucks will travel through much of the continental U.S. during the upcoming golf season and log 12,620 miles transporting golf balls, scoreboards, tee markers, standards and more. [Read more…]

Penske Truck Rental’s 2014 Top Moving Destinations List

2014 Penske Truck Rental Top Moving Destinations List ImageAmerica is on the move, folks, and it may not be where you would expect. According to data compiled by Penske Truck Rental, do-it-yourself movers continue to migrate to the warm and sunny areas of the Southeast and Southwest. Over the last five years, Penske Truck Rental’s Top 10 Moving Destinations list consistently finds Atlanta at the top. This year is no exception. Where is everyone else going? Read on to find out. [Read more…]

Penske to Participate in SkillsUSA Event in Pennsylvania

Penske Hiring TechniciansPenske will participate in the SkillsUSA Championships Feb. 4 from 10 a.m. to 3 p.m.  The event will take place at both the Ed Charles Exhibition Hall and the William T. Harris Agricultural Hall located at the Allentown Fairgrounds, 302 N. 17th St., Allentown, Pennsylvania. [Read more…]

Penske Hosted Girl Scouts for Business Skills Event

PWN Karyn TroxellThe woman leaders of today spent time preparing the leaders of tomorrow. The Penske Women’s Network (Penske Truck Leasing and Penske Logistics employees) hosted the Girls Scouts of Eastern Pennsylvania on Saturday at the company’s Reading, Pennsylvania, global headquarters. [Read more…]