Penske News

Earlier today, the space shuttleEndeavour made its final flight after 30 years of service. Penske associate Brandon Wade captured this incredible image as the shuttle passed over the company's location in Carson, Calif.

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In recognition of this week’s National Truck Driver Appreciation Week, Penske Logistics acknowledges its six drivers who were nominated for Truck Renting and Leasing Association’s (TRALA) 2012 Driver of the Year Award earlier this year.

TRALA presents this award annually to a driver who demonstrates excellence in driving and safety standards throughout his/her professional driving career.

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Penske Truck Leasing and Penske Logistics are looking for energetic alumni and recent or soon-to-be graduates from the University of Tennessee and the Florida International University to join our diverse and talented team.

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Every two years, America’s Road Team searches for the country’s top drivers. This year,Penske Logistics driver Neil Kirk has been nominated to be a part of the best of the best.

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You just ordered the perfect birthday present for your son, and you need it to arrive at your doorstep by the weekend. More than likely, a few of America’s 3.5 million professional truck drivers will be working hard behind the scenes to make sure you receive that special gift before your little guy’s big party.

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Penske Logistics recently earned two awards from Whirlpool Corporation for supply chain excellence as 2011 3PL Supplier of the Year for Warehousing, its third consecutive year, and 2011 Specialty Service Supplier of the Year.

Penske Logistics currently manages and optimizes a combined network of 11 major distribution centers for Whirlpool across the United States.

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Penske has been named to the InformationWeek 500 list for the 12th consecutive time, ranking No. 114 this year.

A private company, Penske Truck Leasing earned the listing alongside Fortune 500 corporations.

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Penske Truck Leasing is looking for qualified candidates from Lincoln Technical Institute, East Windsor, Conn., and UTI-Dallas to join our diverse and talented team.

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Penske Truck Rental is AAA’s bestmoving truck rental discount. We share their commitment to on-the-road safety. AAA has put together a great list of back-to-school driving tips everyone can use to help kids stay safe. Remember School's Open – Drive Carefully!

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Last Friday, Penske Truck Leasing, Co., L.P. sold the assets of its daily utility vehicle rental business to Bluffton, Indiana-basedNESCO. The deal involved the sale of approximately 250 utility rental vehicles and utility vehicle rental contracts. Financial details were not disclosed.

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Penske Logistics, a leading supply chain solutions provider to the automotive industry around the globe, has joined the ranks of theAutomotive Logistics Global Conference sponsors. Penske Logistics will make a case study presentation with Ford Motor Company during the conference. The case study will discuss the successful implementation of a program that helped improve productivity and on-time delivery within the automaker’s carriers in North America.

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Furniture, flat-screen TV, clothing, bike – no matter what’s on the college student’s back-to-school list,Penske Truck Rental can help move them safely and affordably in one easy trip.

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Penske Logistics has been named a 2012 Top 100 Third-Party Logistics Provider by Inbound Logistics magazine.

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Helio Castroneves,Team Penske driver of the No. 3 Penske Truck Rental IndyCar, will participate in “Dancing with the Stars: All-Stars.” The winner of season five (along with Julianne Hough) in 2007, Castroneves will return to the hit ABC show this fall.

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Helio Castroneves drove the No. 3Penske Truck Rental Dallara/Chevrolet to victory on Sunday, winning the Edmonton Indy race for Team Penske. It was his second win of 2012, the first in a Penske Truck Rental vehicle.

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Penske Logistics has earned a place on SupplyChainBrain’s 10th annual list of 100 Great Supply Chain Partners. The list is the result of a six-month online poll in which supply chain professionals were asked to nominate vendors and service providers whose solutions have made a significant impact on their company’s efficiency, customer service and overall supply chain performance.

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Penske Truck Leasing Co., L.P. (“PTL”) and its wholly owned subsidiary PTL Finance Corporation announced they have issued an aggregate of $1.1 billion of two-year and 10-year senior notes. The first series matures in 2014 and the second in 2022. The net proceeds from the sale of these notes will be used to refinance existing PTL debt.

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