Penske Truck Leasing Completes DeCarolis Truck Rental Acquisition

Penske Truck Leasing today announced it has completed the acquisition of the assets of Rochester, New York-based DeCarolis Truck Rental, Inc., a transportation company providing full-service truck leasing, rental, maintenance and repair services to a variety of customers primarily in the food processing and distribution, consumer distribution, and freight-hauling industries.

The acquisition adds approximately 2,350 tractors, trucks and trailers to Penske’s existing fleet, and adds several facilities throughout upstate New York. Penske is now integrating DeCarolis’ facilities, staff, vehicles, and processes into its existing network.

By Kim Harmsen

DISCLAIMER: The content provided is for general informational purposes only. Penske makes every effort to ensure the accuracy of the information presented; however, the information herein is provided without any warranty whatsoever, whether express, implied or statutory. In no event shall Penske be liable for (i) any direct, incidental, consequential, or indirect damages (including loss profits) arising out of the use of the information presented, even if Penske has been advised of the possibility of such damage, or (ii) any claim attributable to errors, omissions, or other inaccuracies in connection with the information presented.