Supply Chain and Logistics Experience Banner Year

In 2014, the supply chain industry experienced one of its strongest years in recent history. The transportation sector grew by 3.6 percent due to stronger shipment volumes and consumers, which had been the element missing from the country’s financial recovery, began to drive the economy once again as confidence increased.

“It was the best, strongest year freight has had since the recession and it happened despite the fact that the economy wasn’t that strong around it,” said Rosalyn Wilson, a transportation consultant and the author of the Council of Supply Chain Management Professionals (CSCMP) 26th Annual State of Logistics Report, which is presented by Penske Logistics. [Read more…]

Skip the Supply Chain Alphabet Soup

All images copyright Mike Melnotte

LLP, 4PL, TMS and control towers…where does it all end? Am I the only one who finds that these terms need a lot more clarity? I have to admit each time I see a photo of an air traffic control center in a logistics advertisement I roll my eyes. As the field of supply chain management has grown consultants, academia and practitioners have coined and propagated these terms. [Read more…]

Penske Recognized for Supplier Excellence by Eastman Chemical

Penske 2015 Eastman Chemical Supplier Excellence Award PhotoPenske Logistics has been honored by Eastman Chemical Company with a Special Recognition Award for assisting with domestic moves and supplying additional refrigerated capacity in a very tight market. The services that Penske provides to the company in Tennessee and South Carolina include dedicated contract carriage and inbound freight management from regional ports. [Read more…]

Penske Expands Branding Efforts with New Video Ads

Revised logosLast week, Penske released three new video ads supporting its ongoing enterprise advertising and branding campaign that launched last March for its truck rental, full-service truck leasing and logistics businesses. The humorous digital ad campaign was recently featured in Advertising Age (3.16.15) and AdWeek (5.20.15) for its unique marketing and creative approach. View the three new videos below. [Read more…]

CSCMP State of Logistics Report Panelists Announced

Stock image - supply chainOn June 23, the 26th Annual State of Logistics Report will be unveiled at the National Press Club in Washington, D.C. It is sponsored by Penske Logistics and introduced by the Council of Supply Chain Management Professionals (CSCMP). Industry analyst and report author Rosalyn Wilson will once again present the report’s key content which examines major trends, issues and economic data across all major transportation modes within the supply chain. [Read more…]

Penske Logistics Europe Uses Solar Panels to Energize Warehouse

Penske Logistics Europe Solar PanelsPenske Logistics Europe has installed nearly 800 solar panels atop its multi-client warehouse that goes a long way in powering the building’s operations. The 200,000 square-foot building is located in Roosendaal, The Netherlands. [Read more…]

Penske Logistics Winner of NA 3PL Award by Automotive Supply Chain

Penske  Logistics 2015 Automotive Supply Chain AwardPenske Logistics is a recipient of the inaugural North America Third-Party Logistics Provider of the Year Award by Automotive Supply Chain magazine. According to the publication, Penske was selected for this honor for the company’s outstanding performance in optimizing distribution networks, improving supply chain visibility and achieving cost reduction within the automotive industry. [Read more…]

Penske Participating in Hiring Our Heroes Program

Hiring Our Heroes Stock ImagePenske Truck Leasing and Penske Logistics have committed to hiring several hundred U.S. military veterans and their spouses into their workforce over the next several years as part of the Hiring Our Heroes program.

“Penske is experiencing strong growth in 2015 and we are actively hiring truck drivers and diesel engine technicians across North America,” stated Jen Sockel, Penske senior vice president of human resources. [Read more…]

Penske Unveils Denver Rental, Leasing and Maintenance Location

Penske Truck Leasing Denver FacilityA grand opening event took place in Denver today as Penske Truck Leasing announced a state-of-the-art facility that provides full-service truck leasing, consumer and commercial truck rental and contract truck fleet maintenance services. The address is 10255 East 40th Avenue. [Read more…]

Penske Logistics Completes Acquisition of Transfreight N.A.

Penske-Truck-Leasing-Global-HeadquartersToday, Penske Logistics announced it has successfully completed its planned acquisition of Transfreight North America, a provider of third-party logistics and supply chain solutions, from Mitsui & Co., Ltd. Financial terms were not disclosed. [Read more…]