The Official Blog of Penske Transportation Solutions

2006

READING, Pa., November 15, 2006 - Penske Truck Leasing today celebrated the grand opening of a new facility in Bridgeport, N.J., located on 508 Heron Drive. The 15,500 square-foot state-of-the-art facility, employing 20 associates, offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 30 leasing customers are handled at this location, and nearly 650 vehicles are maintained on this 11-acre site.

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Amsterdam/Roosendaal, Netherlands, October 30, 2006 - Today, Penske Logistics announced that Dirk-Jan Zwagerman was appointed Director, European Sales. He will be based at Penske's European headquarters in Roosendaal, Netherlands.

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READING, Pa., October 13, 2006 - Penske Truck Leasing yesterday celebrated the grand opening of a new facility in Parsippany, N.J., located on 600 Edwards Road. The 16,000 square-foot state-of-the-art facility, employing 36 associates, offers commercial and consumer truck rental services, full-service truck leasing and contract maintenance. About 100 leasing customers are handled at this location, and nearly 600 vehicles are maintained on-site.

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READING, Pa., USA/BRUSSELS, Belgium - September 18, 2006 - Today, Penske Logistics and ABX LOGISTICS announced the formation of a strategic alliance focused on providing integrated, global supply chain solutions for multinational corporations. The alliance combines Penske Logistics' strengths in logistics execution and technology with ABX LOGISTICS' global footprint and strong freight forwarding capabilities.

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READING, Pa., September 12, 2006 - Today, Penske Truck Leasing announced that it ranked 11th overall on the 2006 InformationWeek 500 for the technological innovation it demonstrates in the transportation and logistics industries. Penske ranked first among its peers in the transportation and logistics category. This is the company's 6th consecutive year on the list. In 2005, Penske was ranked 21st overall, and was a runnerup in the transportation and logistics category.

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READING, Pa., September 7, 2006 - A pair of Penske Logistics truck drivers tested their mettle among the best the nation has to offer at the 2006 National Truck Driving Championships in New Orleans last month.

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READING, Pa., August 25, 2006 - Penske Truck Leasing announced today that it opened the first of its newly designed, state-of-the-art facilities at 1111 N. Century Ave., Kansas City, Mo. The facility, which incorporates new design elements and advanced technology features to enhance and standardize the customer experience, will offer commercial and consumer truck rental services, full-service leasing and contract maintenance.

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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.

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READING, Pa., August 7, 2006 - Penske Logistics today announced that Whirlpool (NYSE: WHR) has selected the company as its lead logistics provider (LLP), responsible for managing and evaluating regional supply chain operations to ensure maximum efficiency, optimal visibility and increased cost savings. In addition, Penske Logistics has expanded its existing contract with Whirlpool for operational inbound and outbound supply chain needs.

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READING, Pa., August 2, 2006 - During the course of a year, top-notch Penske service technicians ensure hundreds of thousands of trucks motoring across North American highways run smoothly and safely by employing both state-of-the-art diagnostic technologies and tried-and-true tools like the wrench.

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READING, Pa., July 10, 2006 - Today, Penske Logistics announced that diversified industrial manufacturer, Eaton Corporation (NYSE: ETN), selected the firm to serve as its lead logistics provider for the company's North American-based automotive and truck business segments.

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READING, Pa., July 5, 2006 - Penske Truck Leasing announces its Reading, Pa. District located at 255 Riverfront Drive will reopen and resume operations at 7 a.m., July 6, 2006. The facility had been closed due to damages it sustained from recent flooding in the area.

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READING, Pa., June 29, 2006 - Today, Penske Truck Leasing issued the following statement regarding its Reading, Pa. District location and the impact of the flooding on operations in that area:

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READING, Pa., June 28, 2006 - Today, Penske Truck Leasing issued the following statement regarding its Reading, Pa. District location and the flooding in that area:

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São Paulo, June 22, 2006 - Today, Penske Logistics announced that Samsung has contracted with the firm to manage its nationwide distribution chain of electro-electronics and cell phones in Brazil. In this role, Penske Logistics is responsible for coordinating everything from inbound receipt verification of imported products and shipments from factories located in Manaus and Campinas, Brazil, to managing highway and air transportation for retail distribution.

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São Paulo, June 22, 2006 - Penske Logistics announces the grand opening of its new 130,000 square-foot distribution center, Castelo MultiClient Warehouse. The facility is located in Alphaville, São Paulo and will serve a dual purpose as the company's new office headquarters.

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READING, Pa., March 27, 2006 - Penske Truck Leasing announced today that it will sponsor 2004 NASCAR Nextel Cup Series Champion Kurt Busch, in a limited NASCAR Busch Series schedule this year, driving the No. 39 Penske Truck Rental Dodge.

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READING, Pa., March 13, 2006 -Today, Penske Truck Leasing announced its sponsorship of U.S. Olympic speedskater and Reading, Pa. native Allison Baver. As a part of the sponsorship, Baver will promote Penske Truck Rental to consumers and conduct personal appearances for the company.

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READING, Pa., March 8, 2006 - Penske Logistics, a wholly owned subsidiary of Penske Truck Leasing, has appointed 24-year Penske veteran Gary Franz as Managing Director of the company's South American business. Based in São Paulo, Brazil, Franz will be responsible for strengthening relationships with Penske Logistics' existing customers in Brazil and directing new business development throughout South America.

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Amsterdam/Roosendaal (The Netherlands), February 13, 2006 - Today, Penske Logistics announced that Eaton Corporation (NYSE: ETN) selected the firm to serve as its lead logistics provider in Europe. While financial terms of the deal were undisclosed, the new contract builds upon a well-established relationship between the two companies in the United States.

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