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Penske Truck Leasing

 
Hoover's Profile: Penske Truck Leasing
 
Contact Information
Penske Truck Leasing
Rte. 10 Green Hills
Reading, PA 19603
PA Tel. 610-775-6291
Toll Free 800-221-3040
Fax 610-775-2449

Type: Joint Venture
On the web: http://www.pensketruckleasing.com
Employees: 9,835

Penske Truck Leasing is a global player in commercial truck leasing. The company operates about 200,000 vehicles from about 1,000 locations in North and South America, Europe, and Asia. The company offers full-service leasing, contract maintenance, and commercial and consumer truck rental. Penske Logistics provides global transportation management, distribution and warehouse management, and integrated fleet logistics. Many of the Penske Truck Leasing facilities deliver a full slate of product and service contracts for commercial and consumer customers, and the US Army. Penske Truck Leasing is a joint venture of General Electric and race-car legend Roger Penske's Penske Corporation.

Key numbers for fiscal year ending December, 2007:
Sales: $2,147.5M

Officers:
Chairman: Roger S. Penske
President and CEO: Brian Hard
VP Operations: Lynn Doster

Competitors:
AMERCO
Ryder System
UniGroup

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Wikipedia: Penske Truck Leasing
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Penske Truck Leasing Co., L.P., headquartered in Reading, PA, is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. A global transportation services provider, Penske operates more than 225,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, transportation and warehousing management, and supply chain management solutions. Penske Truck Leasing’s annual revenue is approximately U.S. $4.1 billion. The company employs approximately 20,000 associates worldwide. Penske Truck Leasing was founded by Roger Penske in 1969.

  • Penske Truck Rental, a service of Penske Truck Leasing. Penske Truck Rental provides do-it-yourself movers with trucks, moving equipment, packing supplies, and accessories. Rentals include straight trucks, tractors, flatbeds, refrigerated vans, trailers and specialized equipment. Penske Truck Rental has locations across the United States, Canada and Mexico.
  • 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 companies throughout the world. Penske Logistics provides design, planning and execution in transportation, warehousing, international freight forwarding, and carrier management.

Penske acquired The Hertz Corporation's Truck Rental division to form Hertz/Penske Truck Rental in 1985. In 1992, "Hertz" was dropped from the name and became Penske Truck Rental.

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Wikipedia. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Penske Truck Leasing" Read more