The Official Blog of Penske Transportation Solutions

Truck Leasing

With a fleet of approximately 212,000 vehicles operating across the roads of North America, Penske knows its customers expect theirlease, rental and contract maintenance light-, medium- and heavy-duty trucks will perform at the highest levels. These trucks are critical tools in helping businesses move their freight on-time and helping consumers move their belongings safely to their new residences.

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Penske Truck Leasing is offering a variety of new 2012 top-of-the-linecommercial trucks and tractors from featured manufacturers for full-service leasing. All equipment is available for fast delivery and comes equipped with advanced onboard technology.

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Following the addition of 19,000 new medium-duty and heavy-duty trucks this year equipped with Selective Catalytic Reduction (SCR) technology,Penske Truck Leasing is expanding its bulk Diesel Exhaust Fluid (DEF) availability at 370 of its major U.S. fueling sites.

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A growing number of fleets are turning to electronic on-board recorders (EOBR) to increase driver safety, and earlier this year the Department of Transportation’s (DOT) Federal Motor Carrier Safety Administration (FMCSA) proposed a rule that would require nearly all interstate carriers to use EOBRs—electronic devices that attach to a vehicle and record the amount of time a vehicle is being driven.

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The availability of qualified truck drivers is always a long-term industry concern, but rebounding freight volumes in 2010 have brought the driver shortage issue back to the forefront and numbers continue to rise.

The American Trucking Associations (ATA) reported that the turnover rate for over-the-road truck drivers rose to 79 percent in the second quarter of 2011, the latest period for which figures are available. That figure marks a four-point increase over the first quarter and a three-year high. It is also the third consecutive quarter of increased churn in the driver market.

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The Department of Transportation’s (DOT)Federal Motor Carrier Safety Administration (FMCSA) is currently reviewing comments on its proposed safety regulation that would prohibit interstate commercial truck and bus drivers from using handheld cell phones while operating a commercial motor vehicle.

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Private fleets constitute a $300 billion-a-year business and operate more than three out of the four million medium and heavy-dutycommercial trucks on the road. They travel more than 50 percent of all truck miles and represent the largest sector of the trucking industry.

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Mike Duff, Penske Truck Leasing’s senior vice president general counsel, and his wife Diane, are serving as co-chairs for the United Way of Berks County fundraising campaign currently underway in Pennsylvania.

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Penske Truck Leasing once again is championing safety in the transportation industry through its support of the 25th Annual International Foodservice Distributors Association (IFDA) Food Industry Truck Driving Championships. Penske is the leading sponsor and primary vehicle provider.

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The start of the school year brings with it heavier traffic and professional drivers will want to be even more aware of their surroundings while navigating residential areas, traveling the interstate and making deliveries at the nation’s big box retailers.

“That route you easily navigated this summer will be more congested and take longer to run, so you’ve got to plan ahead and be prepared,” said Keith Bain, commercial auto specialist for Chubb Group of Insurance Companies.

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A double-dip recession may be impacting the U.S. economy by year’s end or early 2012 according to at least one nationally renowned economist in the transportation industry.

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, the world’s largest office products company, has contracted withPenske Truck Leasing to provide commercial truck fleet maintenance services to its 53 all-electric, class six trucks.

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Longtime Penske Truck Leasing customer East Penn Manufacturing of Lyon Station, Pa. now has in its fleet a Freightliner truck containing the one millionth 3000 series transmission from Allison Transmission Inc.

“We’re very pleased to be in receipt of a milestone Allison 3000 series transmission,” said Brian Hard, Penske Truck Leasing president and CEO. “Allison and Penske have enjoyed a long and successful working relationship. We are fortunate to provide this leased vehicle to a valued customer like East Penn Manufacturing.”

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In 2010, over 790,000 shipments crossed over the Canadian and Mexican borders into the United States, and those numbers are on the rise. According to the latest Department of Transportation (DOT) figures, surface transportation trade among the U.S., Canada and Mexico reached $80.8 billion in March, the latest month for which figures are available. That is 15.6 percent higher than for the same period in 2010 and marks the highest month since collection of data began in 1994.

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Penske Truck Leasing’s fleet technology experts will be on-hand at the upcoming 9th Annual PeopleNet User Conference. The conference will be held August 15 - 17 in Boca Raton, Fla. and offers more than 40 educational sessions and user panels. Conference attendees will gain knowledge and resources necessary to empower their fleets. Penske Truck Leasing is a multi-year sponsor of the event.

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Compliance Safety Accountability—the Federal Motor Carrier Safety Administration (FMCSA) program that calculate fleets’ safety scores—is allowing officials to more readily see the specific safety problems associated with carriers by using more of the data inspectors collect at roadside.

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