The Official Blog of Penske Transportation Solutions

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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Penske Logistics today announced they have won a pair of Quest for Quality Awards from Logistics Management Magazine. Both honors came in the Third-Party Logistics category: Transportation Management Solutions and the Value Added Warehousing and Distributions Solutions. In the latter honor, Penske recorded the highest score in customer service/value added services.

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Visibility is increasingly vital in the supply chain, but even more so when there is a risk of disruption or during a recovery. Visibility allows those within the supply chain to get ahead of an interruption, potentially mitigating problems before they occur. It also enables a rapid response and correction to keep operations moving when issues do arise.

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Penske Logistics has been honored with Quest for Quality Awards for its transportation management and warehousing solutions by Logistics Management magazine. The magazine and Peerless Research Group obtained in excess of 4,500 industry responses as part of the process.

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Penske Logistics was awarded a 2019 Nissan Supplier Excellence Award at the automaker's annual supply chain logistics conference. Penske was recognized for its advanced use of transportation management technology (TMS) within its ClearChain® technology suite.

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Penske Logistics’ Senior Vice President of Global Products, Andy Moses, will speak at the EFT 3PL & Supply Chain Summit June 10-12, in Atlanta, Georgia.

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Since the economic upturn began post-recession, overall warehouse demand within the supply chain has outpaced supply. Many industry insiders believe that supply is beginning to catch up with demand. Yet managing inventory, warehouse space and transportation remains important.

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Within the supply chain, disruptions are inevitable. When handled improperly, they can affect service levels and add costs. That’s why it’s critical to proactively identify disruptions. By implementing a robust process and taking action when shipments don’t go as planned, you can effectively manage distressed loads.

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The prominence of supply chain management in the boardroom continues to grow, and there are some great reasons. Let’s start with the relentless corporate quest for year-over-year cost reductions. Then there is the competitive opportunity side, where supply chain agility enables a business to gain an advantage over others in their industry. Finally there is the risk management side of the equation, where the mitigation of potential supply chain disruption is a top priority.

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Properly spec’d, well-maintained trucks and equipment. The latest on-board technology. A collaborative relationship between shippers and carriers. These are all elements that help support compliance with the Food Safety Modernization Act, and they have long been hallmarks of Penske Logistics’ service to customers.

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Look behind the scenes of any successful supply chain, and you’ll see a lot of technology at work -- for everything from tracking shipments to communicating with drivers to sending invoices.

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