The Official Blog of Penske Transportation Solutions

Truck Leasing

Penske Truck Leasing has been given the Clean Air Excellence Award, in the Clear Air Technology category, by the U.S. Environmental Protection Agency (EPA). As one of seven 2015 winners Penske is the only corporation; the other recipients are government-related organizations. This is the first time Penske Truck Leasing has received this award.

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Once again in 2015, Penske Truck Leasing and Penske Logistics will be highly visible at this year’s Alternative Clean Transportation (ACT) Expo taking place in Dallas, May 4-May 7, at the Kay Bailey Hutchinson Convention Center. A platinum sponsor, Penske will appear on multiple panels and be an exhibitor.

The company will have a compressed natural gas (CNG) tractor on display in booth 626. On Thursday, May 7, a full-service Penske Truck Leasing facility equipped to service CNG vehicles will be one component of an off-site Expo tour.

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Penske 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.

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Penske 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.

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Penske 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 visitwww.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.

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Penske Truck Leasing has opened its second Pennsylvaniatruck collision repair center, and 18th in North America, in the Philadelphia suburb of Fairless Hills. The center does collision, box and trailer repairs, complete vehicle refinishing, and frame and alignment work for commercial trucks and vehicles.

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andPenske Logistics associates banded together to donate hundreds of boxes of food to the Salvation Army of Reading that will benefit Berks County, Pa. families in need this Thanksgiving. In all, 105 families were provided with the makings of a traditional Thanksgiving meal from the turkey down to the dessert. Each family, on average, received four full boxes of donations, depending on the family size.

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Veterans Day has many meanings. For some it is a time to honor and thank a loved one or friend who served. For others, it is a time of camaraderie and parades to celebrate the freedom veterans have provided through their sacrifices and service. Veterans Day especially invokes moments of great sadness, admiration and reflection as we honor the many generations of fallen heroes, who have paid the ultimate sacrifice in service to our nation. In keeping with the tradition of honoring veterans,Penske Truck Leasing representatives today participated in a wreath-laying ceremony at The Arlington National Cemetery along with its charity partners from the Paralyzed Veterans of America.

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Penske Truck Leasing will be featured at the upcoming Natural Gas Vehicle Conference and Expo in Kansas City, Missouri, November 11-14, at the Kansas City Convention Center. Penske is a gold sponsor of the event and will be located in expo booth 810. Penske’s booth will feature a compressed natural gas (CNG) semi-tractor from its commercial truck rental fleet.

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To make a true comparison between leasing vehicles for your truck fleet or buying your own, you need a comprehensive list of points to consider so you can make an informed decision. Take a look at these considerations presented on this infographic from Penske Truck Leasing, and get a clearer picture of which option may be right for you.

  

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Penske Truck Leasing is exhibiting this week in booth 926 at the International Foodservice Distributors Association’s annual Distribution Solutions Conference. The conference takes place Oct. 21 - 23 at the Indiana Convention Center in Indianapolis. In keeping with the wider organization's its winning tradition at the Indy 500, Penske Truck Leasing will feature a branded IndyCar as a part of its tradeshow presence.

Penske offers lease financing for diesel-powered and alternative-fueled vehicles such as straight trucks, reefer trucks, day cab tractors and sleeper semi-tractors, dry van trailers, refrigerated trailers, and more. Best-in-class foodservice distribution truck fleets rely on Penske Truck Leasing for comprehensive preventive fleet maintenance, commercial truck and trailer rentals as well as 24/7 roadside assistance to support their truck drivers. Visit PenskeTruckLeasing.com to learn more.

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To raise driver awareness and increase road safety, the Commercial Vehicle Safety Alliance (CVSA) will kick off its annual Operation Safe Driver program Oct. 19, nationwide.

During the week, enforcement agencies across the nation will be on heightened alert aimed at both commercial vehicles and cars. Among the things drivers can expect are more-frequent roadside inspections, strict safety-belt enforcement, and much more. These will be implemented with the hope that they will make a lasting impression on drivers, and they will continue safe practices throughout the year.

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TheNational Private Truck Council (NPTC) recently published its annual benchmarking survey of private fleets, where 95 percent of respondents reported adopting onboard technology. This high percentage shows that for the vast majority of private fleets, this technology is expected to make a significant business impact.

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Penske Truck Leasing is the newest affiliate in the Canada SmartWay Transport Partnership. The SmartWay Transport Partnership is a joint U.S.-Canada network connecting over 3,000 companies with a shared goal of saving fuel and reducing emissions from their freight supply chain. With SmartWay, companies have access to free, standardized tools to help them benchmark their freight operations and find areas to improve their productivity and competitiveness.

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Penske vice president of fuels and environmental affairs Drew Cullen will participate in a webinar hosted by the U.S. Environmental Protection Agency (EPA)SmartWay program on August 27 at 2:30 p.m. ET/1:30 p.m. CT/11:30 a.m. PT, “Anticipatory Supply Chains.” The complimentary webinar will also include the president and CEO of the Council of Supply Chain Management Professionals (CSCMP), Rick Blasgen, and Beau Gentry, director of transportation for Menlo Logistics.

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Penske Commercial Vehicles, based in Brisbane, Australia, has announced a new venture withPenske Truck Leasing, Co., L.P. to offer commercial truck rental services in Australia. The venture, Penske Commercial Leasing Australia, will operate under the brand name Penske Truck Rental.

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Lloyd De Merchant, area maintenance manager forPenske in Mississauga, Ontario, Canada, was named the Volvo Trucks Canada Fleet Maintenance Manager of the Year at the Canadian Fleet Maintenance Seminar June 18.

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Penske Truck Rental marked the start of the Memorial Day weekend by recommitting itself to supporting Paralyzed Veterans of America.

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