The Official Blog of Penske Transportation Solutions

freight brokerage

Penske Logistics is ramping up its freight brokerage capabilities this year with increased hiring and the opening of two new locations in the United States. Penske has introduced new offices in Chicago and Edison, New Jersey.

The Chicago location, on 500 W. Madison St., is 9,000-square-feet in size. There are expected to be 80 associates housed there in the location’s first 12 months. These associates will have sales, account management, operations and customer success responsibilities.

Over in Edison, New Jersey, at 110 Fieldcrest Ave., the offices are comprised of 5,000-square-feet. There will be associates working in operations, customer success and logistics coordination. There are expected to be 25-30 associates working from this location in the next year.

“We are opening these new offices to support our freight brokerage expansion goals and to be closer to population centers that feature a wealth of supply chain talent,” stated Jeff Bullard, senior vice president of operations – freight management, Penske Logistics. “While many of our new hires will be based in Chicago, we will also add new associates to existing locations in Beachwood, Ohio, Reading, Pennsylvania, and Corona, California.”

Brian Kenney, vice president of brokerage, Penske Logistics: “The growth of our freight brokerage offerings will provide our customers with increased access to additional capacity and flexible solutions, which are sorely needed in this unpredictable economic environment,” Kenney added.

Penske Logistics has in excess of $7.1 billion in freight under management for its customers. When there are supplemental freight needs, Penske Logistics will ensure that a customer’s freight will reach its destination safely while on time and on budget. Penske offers award-winning freight brokerage solutions to aid with seasonal needs, capacity surges and challenging lanes. The company executes thousands of daily loads all while providing reliable transportation modes.

By "Move Ahead" Staff

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Penske Logistics has added new end-to-end mobile automation tools to its freight brokerage solutions for increased shipment visibility. With the addition of the Trucker Tools load tracking solution, Penske customers, and its carrier network, are provided with intelligent smartphone and ELD solutions.

"This new offering will allow us to remove much of the manual processes involved with truck shipment ETA, pickup and delivery," explained LeAnne Coulter, vice president of freight management for Penske Logistics. "Now, our network of carriers can safely concentrate on reaching their destinations in a timely manner. Our customers have really taken to these capabilities."

Geofencing technology provides near real-time visibility of shipment arrivals and departures and provides electronic proof-of-delivery documentation, all on a smartphone. This allows for a high rate of tracking compliance.

Penske Logistics has more than $5.5 billion in freight under management. When there are supplemental freight needs, customers want to know that their freight will reach its destination safely while on time and on budget. Penske Logistics offers award-winning freight brokerage solutions to help handle seasonal needs, capacity surges and challenging lanes.

By "Move Ahead" Staff

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Shippers should prepare for a hectic fall as demand rises and capacity tightens.
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As businesses adjust to new demands in their daily operations and supply chains, Penske Truck Leasing and Penske Logistics can help with a variety of solutions to meet your fleet and logistics needs including: rental trucks, leases, used trucks and logistics services.

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Penske Logistics Europe has earned placement on the prestigious International Air Transport Association (IATA) Top 100 Freight Forwarders listing for The Netherlands, coming in at No. 15. Penske moved up four spots from last year.

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The current state of the trucking industry is putting shippers across the country in a bind – leaving them with fluctuating rates for freight transportation and a shortage of drivers. Several factors have driven high demand for trucks, including the hurricane relief efforts in Florida and Texas, severe winter storms, higher holiday freight volumes, new driver regulations for electronic logging devices (ELDs) and an overall increase in economic activity.

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