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The Official Blog of Penske Transportation Solutions

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Roger S. Penske Receives Presidential Medal of Freedom

The entire Penske organization congratulates Roger S. Penske on receiving the Presidential Medal of Freedom.

Mr. Penske received the award from President Donald J. Trump during a ceremony held yesterday in the Oval Office.

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Roger Penske to Receive Presidential Medal of Freedom

Earlier today, President Donald Trump announced that Roger Penske will be awarded the Presidential Medal of Freedom.

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Roger Penske Inducted Into NASCAR Hall of Fame

Recognizing the accomplishments of a man that has made an indelible impact on the sport for more than 55 years, Roger Penske was inducted into the NASCAR Hall of Fame on Friday evening, February 1, 2019.

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Penske Truck Leasing Opens New Mobile, Alabama, Facility

Penske Truck Leasing today opened a state-of-the-art transportation facility in Mobile, Alabama, within the Mobile Aeroplex at Brookley, an industrial complex adjacent to Mobile Downtown Airport. The grand opening was a star-studded event.

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Roger Penske Inducted into The Automotive Hall of Fame

Roger Penske, Founder and Chairman of Penske Corporation, was recently inducted into The Automotive Hall of Fame along with automaker Elwood Haynes, former Ferrari Chairman Luca di Montezemolo, and industrialist Ratan N. Tata.

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Penske Truck Leasing Welcomes Mitsui as New Investor

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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Hino Delivers 10,000th Truck to Penske

Hino Trucks recently held a ceremony to commemorate the delivery of its 10,000th truck to Penske Truck Leasing. The ceremony took place at Hino’s plant in Williamstown, W. Va., in front of its assembly team members and top management from Hino and Penske Truck Leasing.

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