The Official Blog of Penske Transportation Solutions

Logistics

Penske Logistics has once again been named a Great Supply Chain Partner by the readers of SupplyChainBrain magazine in 2015. The company has graced the list in 11 of the 13 years it has been compiled.

“Consistency is the hallmark of success, and we are honored to once again receive recognition from the industry for our dedication to excellence to our customers as one of 100 selected organizations,” said Marc Althen, president of Penske Logistics.

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Kevin Smith was moderator for this year's CSCMP State of Logistics Report presentation in Washington, D.C.

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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.

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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.

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Penske 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.

“It is quite the accomplishment to be formally recognized as one of Eastman Chemical’s most valued suppliers,” stated Jeff Jackson, Penske Logistics senior vice president of operations for the eastern region. “We enjoy having such a strong partnership with Eastman, it’s truly an honor.”

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Last 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.

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On June 23, the 26th Annual State of Logistics Report will be unveiled at the National Press Club in Washington, D.C. It is presented 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.

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Penske 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.

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Penske 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.

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Today,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.

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Penske Logistics South America has been given the 2014 QLICAR Award byNatura, a leading Brazilian manufacturer of skin care, cosmetics, perfume, hair care and other beauty products. The award, which recognizes top suppliers, is an acronym that roughly translates from Portuguese to: quality; logistics; innovation; cost/contract; treatment; and relationship.

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Penske Truck Leasing and Penske Logistics were among the companies that celebrated Earth Day and sustainability advancements being made in the transportation sector. The setting in Pottsville, Pennsylvania, was the grand opening of a Trillium CNG fueling station, with Wegmans Food Markets; NFI, a supply chain solutions provider; and Gladstein, Neandross and Associates (GNA), clean transportation and energy consultants.

“Today is an excellent example of how several organizations can work together and create a success story for the transportation industry to transition to alternative fuels,” stated Drew Cullen, Penske senior vice president of fuels and facilities services (pictured speaking below). “We appreciate the opportunity to take a lead role in making this day a reality.”

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Eric Hepburn,Penske Logistics vice president of distribution center management, will conduct a solo presentation at the upcoming Warehouse Education and Research Council (WERC) annual conference, taking place in Orlando, Florida, May 3 to May 6.

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It’s that time of year again when you get tovote for your favorite third-party logistics provider (3PL) in Inbound Logistics magazine’s 3PL Excellence Survey. Show your support for Penske Logistics by voting online, today! The results will be presented in the July issue of Inbound Logistics magazine. Vote by clicking here and thanks for your support!

Two Penske Logistics senior leaders will offer their supply chain expertise at JDA’s conference, FOCUS 2015, which will be held at the World Center Marriott in Orlando, Florida, on April 26 through April 29. Andy Moses, senior vice president of global products, and Joe Carlier, senior vice president of global sales, will be appearing on panel discussions.

Carlier is part of a three-person panel that will highlight results of the 2015 Third-Party Logistics Study: The State of Logistics Outsourcing (complimentary copies available at www.3PLStudy.com). The study’s special topics are customer relationship management and mobile technologies; omni-channel; strategic workforce management; and Mexico.

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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 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.

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Penske 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.

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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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