Penske News

ThePenske Logistics-sponsored 24th Annual State of Logistics Report®, introduced by the Council of Supply Chain Management Professionals (CSCMP), will be presented on June 19 at the National Press Club in Washington, D.C. This is the fourth year that Penske has sponsored this report.

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Penske Truck Rental was one of the sponsors of Support Military Spouses’Shoebox for Military Spouses event May 9 at the Crown Center Arena, Fayetteville, N.C. Other sponsors of the event included Walmart and Chick-fil-A. More than 1,200 military spouses in the Fayetteville area received shoeboxes filled with letters of encouragement written by children and adults, and gift items such as shower gels, lotions, and jewelry.

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Penske Truck Rental is proud to announce a new fundraising effort to benefit the Paralyzed Veterans of America’sMission: ABLE campaign – to ensure that veterans with disabilities get the care, benefits and job opportunities they’ve earned and deserve.

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Penske Racing driver Joey Logano will pilot the No. 22Penske Truck Rental Ford Mustang in the VFW Sport Clip Helps a Hero 200 NASCAR Nationwide Series race on Friday.

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Penske Logistics Europe will once again serve as a major sponsor at this year’s Council of Supply Chain Management Professionals (CSCMP) European conference, to be held May 15-17, Amsterdam, The Netherlands, at the Park Plaza Amsterdam Airport.

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Penske Truck Leasing has established a scholarship program through the Universal Technical Institute (UTI) Foundation. ThePenske Truck Leasing Diesel Excellence Scholarship is being established through a gift of $100,000 to the UTI Foundation and is intended for students attending any of the Universal Technical Institute’s eight campuses across the country that offer an auto diesel-training program.

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Penske and the Riverfront Federal Credit Union are working together to host Retro on the Riverfront from noon to 5 p.m. May 5 at the Riverfront Park, 255 Riverfront Drive, Reading, Pa.

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VetFriendly Challenge logoPenske has teamed up with Veteran Recruiting Services and other leading employers to support the White House Joining Forces Initiative to hire at least 50,000 veterans and military spouses by 2018.

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Statistics show that drivers spend more than half their time texting, talking on the phone, conversing with passengers or engaging in other activities instead of doing what they should be: giving their full attention to driving.

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Penske Truck Leasing’s environmental stewardship efforts have been recognized by the United States government by being named a 2013 Environmental Protection Agency (EPA) SmartWay Affiliate Challenge Award winner.

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Penske Truck Rental has introduced an improved version ofPenskeTruckRental.com for a better online experience.

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Penske Truck Rental is ahead of schedule with its planned retrofitting of 5,000 commercial semi-tractors with cutting edge custom LED headlights from Truck-Lite, an initiative it announced in late November of 2012. Penske Truck Rental is the first company to offer these LED headlights.“Retrofitting has gone exceedingly well and by month’s end we will have approximately 3,000 units completed available to rent within our fleet,” said Penske’s Don Mikes, Senior Vice President of Truck Rental. “The response to these new lights has been good and truck drivers really like the added visibility.”

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Penske Truck Leasing executive Paul Rosa is participating in a Reading, Pa., area campaign for theOlivet Boys & Girls Club. Rosa, the company’s vice president of vehicle supply and planning, is one of a dozen local candidates vying to raise money for the non-profit’s Kiss-A-Pig contest.

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Penske Truck Leasing is participating in career fairs this month at schools and organizations nationwide for various employment opportunities.

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Penske Truck Leasing Canada Inc. (“PTL Canada”), a wholly-owned subsidiary Penske Truck Leasing Co., L.P. (“PTL”) announced it has issued CDN$375 million of senior notes with a 5 year maturity at a rate of 3.65%. The series matures in 2018. The notes are guaranteed by PTL and the net proceeds of the offering will be used to repay Canadian denominated borrowings on PTL's credit facility from General Electric Capital Corporation (“GECC”) and for general corporate purposes.

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Yesterday, NBC News' “TODAY show” announced“TODAY Gives Hope,” a new ongoing initiative to help bring relief to communities in need. (Watch the TODAY T.V. segment here.) Through this long-term project, the TODAY show will leverage its strength in news coverage, cross-platform promotion, and partnerships to inspire viewers to bring hope back to communities that need it most. When areas across the nation face challenging times, “TODAY Gives Hope” will be prepared to take action and help.

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Penske Truck Leasing has announced the winners of its 2012-2013 National Technical Challenge. The Tech Challenge is a company event that will be held every other year to test the skillsets of its truck maintenance technician workforce via hands-on and written assessments. There were two types of entries: a two-person vehicle systems team and individual competitors in the preventive maintenance (PM) event.

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