Penske Logistics Named Best 3PL in Pharma and Chemical

READING, Pa., August 5, 2009 - Penske Logistics today announced it was honored with eyefortransport's Best 3PL for Pharmaceuticals, Chemicals & Hazmat Award. Eyefortransport is a global provider of logistics and transportation information, research and analysis, and presented the award at its 7th Annual 3PL Summit in Atlanta, Ga.

Penske Logistics provides a wide range of supply chain services in North America and Europe, including supply chain design, dedicated contract carriage and freight management, to industry heavyweights in the pharmaceuticals, healthcare and chemical sectors such as Eastman Chemical, Merck and Cardinal Health. Recently, the company was recognized for the second straight year by Eastman Chemical with a Supplier Excellence Award, and Penske Logistics was the first logistics organization ever to receive Merck's Sector Operational Award for optimizing ground transportation and driving cost reductions.

"It's an honor to be recognized, particularly by our current and prospective customers, as the logistics provider they feel has demonstrated a consistent ability to meet the complex and often challenging supply chain needs of the pharmaceutical, chemical and hazmat industries," commented Vince Hartnett, President of Penske Logistics.

Award recipients are determined by manufacturers and retailers nominating and voting on the companies they feel continuously deliver excellence in logistics operations and outstanding customer service.

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 freight forwarding and carrier management. Visit www.PenskeLogistics.com to learn more.