Penske Truck Leasing Completes DeCarolis Truck Rental Acquisition
December 17, 2021
Penske Truck Leasing today announced it has completed the acquisition of the assets of Rochester, New York-based DeCarolis Truck Rental, Inc., a transportation company providing full-service truck leasing, rental, maintenance and repair services to a variety of customers primarily in the food processing and distribution, consumer distribution, and freight-hauling industries.
The acquisition adds approximately 2,350 tractors, trucks and trailers to Penske’s existing fleet, and adds several facilities throughout upstate New York. Penske is now integrating DeCarolis’ facilities, staff, vehicles, and processes into its existing network.
By Kim Harmsen