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 Will Recruit at Mid-America Trucking Show (MATS)

Penske Truck DriverPenske is recruiting truck drivers and transportation supervisors and managers March 26-28 at the Mid-America Trucking Show (MATS), Kentucky Expo Center, 937 Phillips Lane, Louisville, Kentucky. [Read more…]

Penske Logistics Presents 2015 3PL Study SupplyChainBrain Webcast

LogisticsPenske Logistics is sponsoring an April 2 SupplyChainBrain webcast that will highlight key components of the 2015 Third-Party Logistics Study: The State of Logistics Outsourcing (complimentary copies available at www.3PLStudy.com). Here is the registration link; it begins at 1 p.m. ET/noon CT/10 a.m. PT. [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 Logistics Discusses Supply Chain Technology on Webcast

supermarket stock photoTom McKenna, senior vice president of logistics engineering and technology for Penske Logistics, will be a speaker on a March 18 Food Logistics webcast, 3PLs (Third-Party Logistics Providers). The complimentary event begins at 1 p.m. ET/noon CT/10 a.m. PT. Click here to register. [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…]

Selecting the Right Dedicated Contract Carriage Provider

Penske-DedicatedWhen shippers are seeking to turn over a substantial portion of their transportation to a dedicated contract carriage provider, there some vital components that the dedicated carrier needs to possess. I will outline a few of them here. [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 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…]