Penske Logistics Ranked Among Top Five Third-Party Logistics Providers

READING, Pa., August 24, 2016 — Penske Logistics earned a fifth-place ranking in the Inbound Logistics Readers' Choice Top 10 3PL Excellence Awards. The company also was named one of the Top 100 3PL Providers, based on an evaluation by the publication's editors.

"Penske's associates collaborate with our customers to ensure that their supply chains are operating reliably and efficiently so that they contribute to overall business growth and success," said Marc Althen, president of Penske Logistics. "It is gratifying to see that commitment recognized through the results of the Inbound Logistics readers' survey."

More than 13,000 voters completed the survey for the Readers' Choice Top 10 3PL Excellence Awards. To compile the Inbound LogisticsTop 100 3PL Providers list, editors evaluated submitted information and conducted personal interviews and online research. This year's Top 100 3PLs were selected from a pool of nearly 300 companies.

"Penske Logistics was selected as a 2016 Top 100 3PL Provider because it is flexible and responsive, anticipating customers' evolving needs with innovative solutions empowering logistics and supply chain excellence," said Felecia Stratton, editor of Inbound Logistics.

Inbound Logistics is the leading trade magazine targeted toward business logistics and supply chain managers. The magazine's editorial mission is to help companies of all sizes better manage corporate resources by speeding and reducing inventory, supporting infrastructure, and better matching demand signals to supply lines. More information is available at www.inboundlogistics.com.

About Penske Logistics
Penske Logistics is a wholly-owned subsidiary of Penske Truck Leasing. With operations in North America, South America, Europe and Asia, Penske Logistics provides supply chain management and logistics services to leading companies around the world. Penske Logistics delivers value through its design, planning and execution in transportation, warehousing and freight management. To learn more visit www.PenskeLogistics.com.