The Official Blog of Penske Transportation Solutions

Logistics

Penske Logistics today announced it has reached an agreement to acquire Chicago-based trucking company Black Horse Carriers, Inc. Financial terms were not disclosed.

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Penske Truck Leasing has put a battery electric eM2 from the Freightliner Innovation Fleet into service with Temco Logistics, a premier final-mile, white glove solutions provider delivering and installing appliances and home goods.

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Penske Logistics is the recipient of a 2020 SmartWay Excellence Award from the U.S. Environmental Protection Agency. The company is being honored for its best-in-class sustainability practices in the Truck Carrier category. This is the fifth such honor this decade and the fourth consecutive win for the organization.

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On November 10, Penske Transportation Solutions will participate in a Reuters Event webinar, Intelligent Asset Management throughout Supply Chain Transportation. Bill Combs, vice president connected vehicles strategy and experimentation, will be the Penske expert.

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Penske Logistics was named Fiat Chrysler Automobiles (FCA) Supplier of the Year in the Logistics Services Suppliers category during the virtual 2020 North America Annual Supplier Conference and Awards program held on October 23.

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Penske Logistics supported the United Way of Westchester and Putnam with complimentary dedicated contract carriage transportation services after the New York City metro charity received a nearly $5 million donation of duvets, blankets and pillows from Delta Air Lines.

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With Tropical Storm Zeta expected to strengthen to a hurricane before striking the Gulf Coast, truck fleet operators are encouraged to take steps now to brace for the storm's impact.

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Keeping associates safe is a top priority for Penske Logistics, and the company uses a mix of technology and training to prevent injuries and accidents among its 5,000 professional drivers and 5,000 warehouse associates.

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Penske Logistics announced it was awarded a new contract with BMW Manufacturing Co., for Lead Logistics Provider (LLP) services at the South Carolina plant.

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When capacity is tight, being a shipper of choice can help shippers secure space with carriers. Capacity is tightening across the industry, and ACT Research forecasts double-digit growth in spot rates for the rest of this year and 2021, said Tim Denoyer, senior analyst at ACT Research, during a webinar on Sept. 15. Building relationships now and securing capacity can help shippers avoid the spot market.
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Growth in e-commerce, natural disasters and the flow of imports are all causing distribution networks to come out of balance, adding to capacity challenges shippers will face this fall.
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Contingency plans keep freight moving when disruptions occur and allow shippers to remain agile when challenges arise. Planning for "what if" scenarios and identifying options in advance can be especially important when capacity is tight and transportation is harder to secure. Industry analysts predict that trucking will remain in demand throughout the rest of 2020, so now is the ideal time for shippers to run through potential disruptions as well as solutions.
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Penske Logistics has been recognized by Wayne Farms with a 2020 Outstanding Service Award for dedicated contract carriage services. Penske transports processed poultry throughout the Southeast United States for the company.

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Penske Logistics has released a new freight management buyer's guide to aid companies in improving their freight management capabilities. The complimentary publication will advise businesses towards making an important decision: Continue insourcing the management of their freight transportation, or whether to partially or fully outsource the function? Click here to download the guide.

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Supply & Demand Chain Executive has launched a new award designed specifically for women leaders in the supply chain industry and Penske Logistics' own Stacy Schlachter, vice president of sales and enterprise accounts, is included on the inaugural list.

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The 2021 25th Annual Third-Party Logistics Study shows that shippers and their third-party logistics providers are working together to create positive relationships as well as a competitive advantage. Additionally, shippers have high expectations of what they need from logistics providers, and 3PLs are responding with increased technological and digital capabilities, improved service levels and greater efficiency.

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Market demands brought on by COVID-19 are creating new challenges, and opportunities, for third-party logistics providers and the shippers that rely on them as they work to meet increasing customer expectations and minimize supply chain disruptions.

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Shippers should prepare for a hectic fall as demand rises and capacity tightens.
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From the early days of the pandemic, technicians have been on the frontlines ensuring the nation's trucks remain road-ready to help keep the supply chain and the economy moving forward.

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Penske Logistics today announced that it has earned the Cold Carrier Certification, the first certification of its kind focused on excellence in refrigerated transportation through the Global Cold Chain Alliance (GCCA), a trade association for the cold chain industry working to grow the industry and lead the cold chain.

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