READING, Pa., August 8, 2006 - Penske Logistics today announced that Inbound Logistics magazine ranked the company eighth among its list of their Top 100 3PL Providers for 2006. To determine this year's ranking, the industry trade publication evaluated questionnaires, conducted research and solicited reader feedback on more than 500 companies.
"It is a great honor to be recognized by Inbound Logistics as one of the top companies providing 3PL services around the world," said Vince Hartnett, president, Penske Logistics. "On behalf of the company and all of our customers, I would like to thank each and every one of our associates for their hard work and unwavering dedication to providing innovative logistics solutions and superior customer service."
"One key driver that we evaluate is how well a logistics partner enables innovation and growth for its customers," said Felecia Stratton, editor, Inbound Logistics. "It is becoming increasingly important for a logistics partner to act as a business change agent, driving their customers' ability to grow, innovate and compete. That is what Penske Logistics does, and why we are happy to recognize the company as a 2006 Top 100 3PL."
Selecting the annual Top 100 3PL providers is no small task, given the pace of change and the number of new entrants in the global outsourcing market. Inbound Logistics editors whittled this year's list from more than 500 companies to provide a balanced and accurate assessment of their readers' needs and the 3PLs they believe are best suited to meet their specific requirements.
About Penske Logistics
Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing. With operations in North America, South America, Europe and Asia, Penske Logistics provides supply chain management and logistics services to major industrial and consumer companies throughout the world. Penske Logistics delivers value through design, planning and execution in transportation, warehousing, international forwarding and carrier management. Visit www.PenskeLogistics.com to learn more about the company and its services.
Inbound Logistics is a leading trade magazine targeted toward business logistics and supply chain managers. The magazine's editorial mission is to help leading companies better manage corporate resources by speeding and reducing inventory and supporting infrastructure, and better matching demand signals to supply lines. More information is available at www.inboundlogistics.com.