The Official Blog of Penske Transportation Solutions

Logistics

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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Tom 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.

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

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The U.S. economic climate is on the rise. Growth is top priority in the C-Suite. Need evidence? You don’t have to look far. The gross domestic product just posted its best back-to-back quarters in a decade; freight is up; truck orders are up; and consumers are feeling good about their job prospects once again.

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The popular phrase “third time’s the charm” doesn’t apply to Penske Logistics truck driver Neil Kirk after he was named a captain of the American Trucking Associations 2015-2016 America’s Road Team on his second attempt. The announcement was made last night at a Capitol Hill event in Washington, D.C.

“I’m really thrilled and humbled,” said Kirk, who spent his first day attending educational sessions and onboarding meetings. “It’s not just my win – it’s a company win. My friends and family supported me.

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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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Penske Logistics is a recipient of the 2014 Green Supply Chain award from Supply and Demand Chain Executive magazine. It is the second straight year the company has attained this honor.

According to the publication the award highlights: “companies making green or sustainability a core part of their supply chain strategy, and are working to achieve measurable sustainability goals within their own operations and/or supply chains, in the areas of sourcing/procurement, fulfillment/logistics, operations, product life cycle management, and other areas of the supply chain.

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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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