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penske truck leasing

Reading, Pa. – Nov. 18, 2024 - Penske Truck Leasing is lighting up a new solar-powered initiative seeking to boost efficiency, minimize energy costs, and reduce emissions initially at select truck leasing, truck rental, and truck maintenance locations in the U.S. with the installation and activation of its first-ever rooftop solar-powered systems.

The company’s new state-of-the-art facility in Channahon, Illinois, is now fully operational, and is predominantly powered by an onsite photovoltaic (PV) solar system, expected to generate roughly 80% of the building’s energy needs at 200 KW capacity. Any remaining required energy will be supplied by the local utility provider.

A Grand Rapids, Michigan, location will be active in the coming months and Penske’s Linden, New Jersey, location is expected to go online in 2025. These facilities are also new state-of-the-art locations.

The new facilities incorporating solar systems in Channahon, Illinois, Grand Rapids, Michigan, and Linden, New Jersey, are part of the company’s LEED building program.

Under a power purchase agreement with Sunrock Distributed Generation, seven additional Penske facilities in California are expected to be retrofitted with new PV solar systems in the next year, which are expected to yield roughly 600 KW of renewable energy across all locations. These facilities are located in Fresno, Hayward, La Mirada, National City, Riverside, San Diego and San Leandro.

Penske is collaborating with San Francisco-based ForeFront Power as its lead project consultant on this solar initiative.

“Our solar program is an important piece of our renewable energy strategy and ForeFront Power continues to be an outstanding partner in helping us bring these projects to fruition,” said Drew Cullen, senior vice president of fuels and facility services at Penske. “These investments will allow us to directly generate our own renewable energy to power our locations and continue to support our customers with sustainable solutions.”

On average, four solar panel-powered Penske Truck Leasing facilities will generate an estimated 1-million-kilowatt hours (kWh) of renewable energy annually and will result in an emissions avoidance of 442 metric tons (MT) CO2e, which is equal to powering nearly 90 homes for one year.

“The initiative to install solar systems at our locations is a part of our company’s LEED-certified facilities process,” explained Ivet Taneva, Penske vice president of environmental affairs. “Investing in solar has considerable economic impacts for our operations as well as the environmental benefits of further reducing emissions related to electricity use.”

Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. A leading provider of innovative transportation solutions, Penske operates and maintains more than 437,000 vehicles and serves its customers from nearly 1,000 maintenance facilities and more than 2,500 truck rental locations across North America. Solutions from Penske include full-service truck leasing, fleet maintenance, truck rentals, used trucks, and a comprehensive array of technologies to keep the world moving forward. Visit pensketruckleasing.com for more information.

Penske Truck Leasing is lighting up a new solar-powered initiative seeking to boost efficiency, minimize energy costs, and reduce emissions initially at select truck leasing, truck rental, and truck maintenance locations in the U.S. with the installation and activation of its first-ever rooftop solar-powered systems.

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On Sept. 17, Penske held a dedication ceremony for its recently updated branded classroom at Western Technical College in El Paso, Texas. The classroom will continue to be used for hands-on training, introducing state-of-the-art technologies and creating an exciting learning environment where students can earn industry certifications and pursue career opportunities during and after their studies. It also reaffirms Penske’s partnership with Western Tech and allows them to continue building upon their already strong relationship.

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As of 10 a.m., Tuesday, Oct. 15, Penske Truck Leasing locations have resumed operations.

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Penske has recently become aware that criminals are using its name, branding, false but realistic-looking websites, look-alike email addresses, social media accounts, and even creating online job listings on various employment websites as a part of employment recruiting scams.

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For Mario Saenz, pursuing a career in the automotive industry was a no-brainer. The youngest of six, he credits his family as his main driving force.

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Penske Truck Leasing has announced the latest enhancement to its Penske Driver™ mobile app: the electronic driver vehicle inspection report (eDVIR) feature.

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READING, Pa., August 5, 2024 Penske Truck Leasing recently launched an electronic driver vehicle inspection report (eDVIR) feature in the Penske Driver™ mobile app for its customers. This new feature enables customer truck drivers to submit driver vehicle inspection reports electronically using the free Penske Driver app.

This new eDVIR functionality also provides fleet managers with immediate access to the submissions sent through the app using Fleet Insight™, Penske’s real-time fleet management platform. This advancement aims to streamline inspection processes, enhance compliance and improve overall fleet management efficiency.

“Our new eDVIR capability represents a step forward in how we support our customers’ compliance and maintenance needs,” said Brandie Searle, vice president of digital product management for Penske. “By responding to customer feedback with this highly requested feature we enable electronic submissions and real-time visibility, helping fleet managers address issues quickly and effectively, reducing downtime and improving operational efficiency.”

The eDVIR feature is designed to help users stay compliant with Department of Transportation regulations and is exclusive to Penske leased, maintained, or rented vehicles. The upgrade streamlines the repair request process by automatically sending defect reports from the telematics system to Penske’s maintenance system. As defects are resolved, detailed mechanic notes and resolution statuses are communicated back to the telematics system, providing essential information such as repair shop locations, repair notes and contact details.

The Penske Driver app is used by approximately 20,000 commercial truck drivers monthly and offers a range of features including logging Hours of Service to comply with the Electronic Logging Device mandate, submitting 24/7 roadside assistance requests, checking-in for service visits, submitting fuel receipts digitally and finding location rental, leasing, service, parking, EV charging and fueling locations. The app provides access to vehicle information, service history and 24/7 support.

Penske offers live, free weekly training webinars on Penske Driver to ensure customers can effectively use the technology. Penske Driver is available for download on both Android and Apple devices. For additional guidance and information, download Penske’s eBook: “Complete Daily Tasks and Stay Compliant with Penske Driver.”

About Penske Truck Leasing

Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. A leading provider of innovative transportation solutions, Penske operates and maintains more than 446,000 vehicles and serves its customers from more than 990 maintenance facilities and approximately 2,500 rental locations across North America. Solutions from Penske include full-service truck leasing, fleet maintenance, truck rentals, used trucks, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeTruckLeasing.com to learn more.

As the Atlantic Hurricane Season enters its most dangerous period, when a majority of the season’s tropical storms and hurricanes normally occur, fleet managers are encouraged to prepare now before a storm strikes.

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In today’s fast-paced transportation industry, minimizing downtime is critical for maintaining productivity and keeping costs under control. Enter remote vehicle diagnostics from Penske Truck Leasing – technology that offers trucking fleets managers greater insights and control over their operations. But what exactly is remote vehicle diagnostics, and how can it benefit you fleet?

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Penske has tips and resources available to help truck fleet operators prepare for a hurricane and guidance on where to go in the event you need assistance after the storm.

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High temperatures and humidity can be a challenging combination bringing with them the threat of heat-related illnesses, including heat exhaustion and heat stroke.

For do-it-yourself movers and professional truck drivers alike, experts recommend taking a few precautions to help beat the summer heat.

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On May 16, Southwest University in El Paso, Texas, held a ribbon-cutting ceremony to showcase their newly branded Penske diesel lab.

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With the official start of the Atlantic hurricane season just a month away, now is the time to get ready for potential storms, as preparation is key to keeping you and your property safe.

National Hurricane Preparedness Week, May 5-11, provides an opportunity to review your safety plans and make any changes long before a storm arrives.

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  • Penske unveils Catalyst AI™ – an industry first AI platform set to revolutionize fleet management with instant access to actionable insights that optimize fleet performance.
  • With 77% of transportation professionals relying on aggregated industry benchmarks to determine fleet performance, Catalyst AI™ addresses the need for real-time evaluation tools.
  • Leveraging advanced AI, machine learning algorithms and Penske’s deep industry knowledge, Catalyst AI™ empowers fleet managers to unlock insights that can optimize fuel efficiency and fleet utilization.

READING, Pa., April 18, 2024 -- Today, Penske Truck Leasing unveiled Catalyst AI™ – an industry first AI platform set to revolutionize fleet management that delivers real-time insight into fleet performance. Catalyst AI marks a pivotal shift away from traditional industry benchmarks, empowering fleet managers with actionable intelligence to optimize fleet performance using dynamic comparative data.

The Catalyst AI™ platform compares a fleet’s performance to similar fleets across Penske’s live database of hundreds of thousands of vehicles in real-time. This platform enables leaders to benchmark their fleets using apples-to-apples comparisons, unlock fuel efficiency opportunities, optimize utilization, and business performance using targeted insights.

New industry research found 77% of transportation professionals tend to rely on historical, annual forecasting and industry benchmark reports to inform their fleet planning and procurement decisions. For fleet managers, this process is often manual, time consuming and relies on data that may not holistically compare to their specific fleets.

“Catalyst AI was born from our vision to harness the power of AI to meet the needs of today’s fleet managers,” said Ann Walsh, senior vice president of digital and customer data at Penske. “By integrating over 57 billion data points with AI, our patent-pending algorithm and industry expertise enables fleet managers to better optimize their operations using leading-edge technology.”

Penske Truck Leasing is ushering in a new era in fleet management by enabling fleet managers to evaluate fleet performance. At the heart of Catalyst AI lies its patent-pending algorithm that identifies the most-similar fleets by evaluating key dimensions of fleet operations and composition. This process creates a unique "fleet DNA," enabling highly customized operational KPI benchmarks tailored to each fleet's specific performance needs.

“With innovation at our core, Penske is committed to developing solutions that drive efficiency and performance for our customers. Catalyst AI addresses the critical need for comparative, real-time insights in fleet management,” said Sherry Sanger, executive vice president of strategy and marketing for Penske. “This cutting-edge technology enables businesses to unlock new efficiencies, reduce costs, and ultimately, sets a new standard for fleet performance.”

Catalyst AI represents a game-changer in fleet management. In an industry first, fleet managers will have access to actionable insights and intelligence to unlock the full potential of their fleets. To test drive the power of Catalyst AI’s fleet benchmarking technology, visit penskecatalyst.ai. Current Penske Truck Leasing customers can easily access Catalyst AI in their existing Fleet Insight accounts with the new Comparative Insights feature at fleetinsight.com.

About Penske Truck Leasing

Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. A leading provider of innovative transportation solutions, Penske operates and maintains more than 442,000 vehicles and serves its customers from more than 980 maintenance facilities and more than 2,600 truck rental locations across North America. Solutions from Penske include full-service truck leasing, fleet maintenance, truck rentals, used trucks, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeTruckLeasing.com for more information.

Survey Methodology - The Transportation Leaders Survey: A Road to AI Adoption was conducted online by Big Village among a sample of 259 US Transportation and Logistics executives involved in truck fleet management-related decisions at their business/organizations. This survey was live March 13-20, 2024.

Revolutionizing Fleet Management with Real-Time Fleet Comparisons

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Since artificial intelligence (AI) went mainstream, executives across industries have sought to understand how the technology can help transform operations, drive efficiencies, automate repetitive tasks, bridge talent gaps, uncover new insights and everything in between. With the need for efficiency at the core of transportation, AI presents the opportunity to revolutionize the industry.

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Road construction and maintenance projects are the keys to maintaining healthy roadways. Yet, these work zones can provide challenges to drivers.

New speed limits, traffic patterns and rights of way, as well as worker and vehicle movement, can all impact work zone safety.

National Work Zone Awareness Week, April 15-19, shines a spotlight on ways drivers can keep themselves as well as work zone workers safe.

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