The Official Blog for Penske Truck Leasing, Truck Rental and Logistics

Archives for 2012

Penske Logistics has extended their dedicated carriage services contract with Cardinal Health. As part of this agreement, Penske Logistics continues to provide truck drivers, trucks and helps optimize the hospital delivery routes for Cardinal Health's medical segment.

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Memorial Day weekend marks the unofficial start of summer and kicks off the 2012 moving season as one of the busiest moving weekends of the year for the moving truck rental and self-storage industries. Penske Truck Rental and self-storage tech start-up SpareFoot are teaming up to offer increased convenience and services for savvy do-it-yourself movers.

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Penske Truck Rental is sponsoring the secondSea to Shining Sea cross-country bicycle ride with wounded warriors from America’s military. The event is a creation of World T.E.A.M. Sports, a non-profit that organizes athletic events for disabled and able bodied citizens.

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Penske will be a part of tomorrow’s Milicruit online career fair.Milicruit is a website devoted to pairing U.S. military veterans with prospective employers. It will take place on Wednesday, May 23, from 1 p.m. to 4 p.m. ET. Penske human resources staff will host real-time chats with prospective associates.

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Penske Truck Leasing is among the major sponsors of the upcoming Alternative Fuels Renewable Energies Council Sustainability Summit. The event includes executives from leading private and Fortune 500 companies, where sustainability improvement efforts will be highlighted. Penske executives will also be present.

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Penske Truck Leasing Co., L.P. (“PTL”) and its wholly owned subsidiary PTL Finance Corporation today announced that they have issued an aggregate of $1.75 billion in senior notes in two equally sized tranches of notes with three- and five-year maturities. The net proceeds from the sale of the notes will be used to refinance existing PTL debt. The offering was managed by J.P. Morgan, Bank of America Merrill Lynch and Wells Fargo Securities.

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Yesterday, in Kiev, Ukraine, the European Logistics Association (ELA) honored Penske Logistics and Ford Motor Company with the 2012 European Award for Logistics Excellence. The companies received the award for a case study submitted to the organization, which documented their close collaboration on the innovative Network Integrator concept developed by the two companies.

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Simple Moving Labor and CubeSmart will join Penske Truck Rental’s team of exhibitors at the Worldwide Employee Relocation Conference’s 2012 National Relocation Conference May 9 – 11, 2012 in San Antonio, Texas.

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Penske Truck Leasing and Penske Logistics are looking for qualified candidates at career fairs nationwide to join our diverse and talented team.

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Penske Logistics will be an exhibitor at the upcomingWarehousing Education and Research Council annual conference from May 6 to May 9. It will be held at the Atlanta Marriott Marquis.

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Just in time for moving season, Penske Truck Rental has launched a fun, new photo sweepstakes for the month of May. ThePenske Truck Rental Photo Sweepstakes began May 1, 2012 and ends May 31, 2012.

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