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  1. GoPenske Home >
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industry trends

NPTC Report Highlights Latest Leasing Trends for Private Fleets

January 14, 2019

The transportation industry is evolving at a faster rate, arguably, than ever before. The amount of freight needing to be hauled continues to grow, leaving a positive outlook for private fleets into the next five to 10 years.

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Truck Leasing Penske News
full service leasing full-service lease industry trends lease maintenance national private truck council nptc private fleets

Penske Driver Nominated for America’s Road Team

September 18, 2012

Every two years, America’s Road Team searches for the country’s top drivers. This year,Penske Logistics driver Neil Kirk has been nominated to be a part of the best of the best.

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Logistics Penske News Penske Careers
America's Road Team american trucking associations commercial truck drivers dedicated contract carriage employment industry trends jobs logistics Penske Logistics people safety smith system transportation truck drivers trucking trucks

Penske Truck Rental Ready for Holiday Shipping Demand

November 25, 2011

Black Friday. Cyber Monday. Green Monday. You name it. The holiday season is here and Penske Truck Rental is busy helping parcel companies and retailers meet their peak holiday shipping demands. Recently, theNational Retail Federation issued its 2011 forecast for the holiday season.

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black friday business truck rental commercial truck rental cyber monday green monday holiday shopping industry trends parcel deliveries Rental Express rental truck retail retailers shippers

Penske Increases Bulk DEF Offerings at U.S. Fueling Facilities

October 24, 2011

Following the addition of 19,000 new medium-duty and heavy-duty trucks this year equipped with Selective Catalytic Reduction (SCR) technology,Penske Truck Leasing is expanding its bulk Diesel Exhaust Fluid (DEF) availability at 370 of its major U.S. fueling sites.

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Truck Leasing Penske News
best practices business truck rental commercial truck drivers commercial truck leasing commercial truck rental DEF diesel exhaust fluid fuel full service leasing industry trends SCR selective catalytic reduction transportation

Driver Shortage Remains a Top Concern

October 18, 2011

The availability of qualified truck drivers is always a long-term industry concern, but rebounding freight volumes in 2010 have brought the driver shortage issue back to the forefront and numbers continue to rise.

The American Trucking Associations (ATA) reported that the turnover rate for over-the-road truck drivers rose to 79 percent in the second quarter of 2011, the latest period for which figures are available. That figure marks a four-point increase over the first quarter and a three-year high. It is also the third consecutive quarter of increased churn in the driver market.

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Truck Leasing Logistics
3PL ata bob costello cdl commercial truck drivers commercial truck leasing commercial truck rental Compliance Safety Accountability (CSA) CSA full service leasing industry trends logistics nptc supply chain third-party logistics transportation truck driver retention truck driver shortage truck drivers

Social Media Use Rising in Logistics

October 04, 2011

While Facebook and logistics are not two words often used in the same sentence, many third-party logistics companies are beginning to explore the use of social media tools for their companies, according to the 18th Annual Survey of Third-Party Logistics Providers. The survey was presented October 4 by its author Dr. Robert Lieb, professor of supply chain management at Northeastern University. The report was underwritten by Penske Logistics.

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Logistics Penske News
3PL best practices blogs facebook industry trends linkedin logistics supply chain third-party logistics transportation twitter youtube

DOT Aims to Increase Safety with Cell Phone Restrictions

September 21, 2011

The Department of Transportation’s (DOT)Federal Motor Carrier Safety Administration (FMCSA) is currently reviewing comments on its proposed safety regulation that would prohibit interstate commercial truck and bus drivers from using handheld cell phones while operating a commercial motor vehicle.

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Truck Leasing Logistics
ata best practices commercial truck drivers commercial truck leasing commercial truck rental DOT FMCSA full service leasing industry trends moving truck rentals safety supply chain truck drivers trucking

Penske Supporting Penn State’s Supply Chain Leadership Forum

August 10, 2011

Joe Gallick, a senior executive withPenske Logistics, will serve as guest program director for one of the nation’s leading university supply chain programs.

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Logistics Penske News
3PL CSCMP industry trends logistics penn state center for supply chain research supply chain third-party logistics transportation

Guest Blog: Opportunity Knocks for 3PLs and Shippers. Will They Answer?

July 11, 2011

If I put myself in the shoes of a 3PL and read the recently published Council of Supply Chain Management Professionals (CSCMP) 22nd Annual State of Logistics Report®, my overall takeaway is this: Opportunity knocks.

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Logistics
3PL CSCMP industry trends logistics State of Logistics Report supply chain third-party logistics

Rising Pump Prices Fuel More Gas and Diesel Thefts

April 19, 2011

Rising fuel prices for gasoline and diesel have made consumer and commercial trucks easy targets for crooks looking to steal fuel. One recent media report from Hickory, N.C. noted that over 400 gallons of gas, valued at nearly $2,000, were pilfered from the parked trucks of area businesses.

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Truck Leasing Logistics Truck Rental
business truck rental commercial truck drivers commercial truck leasing commercial truck rental consumer truck rental diesel do-it-yourself fuel full service leasing gas industry trends moving moving truck rentals security supply chain third-party logistics tractor trailer transportation truck drivers truck leasing trucking trucks

Penske’s Earth Day Tip: Join SmartWay. Save Fuel. Help the Environment.

April 19, 2011

As Earth Day 2011 approaches, Penske Truck Leasing,Penske Truck Rental and Penske Logistics encourage everyone in the transportation and logistics sectors to consider joining the EPA’s SmartWay Transport Partnership to help further reduce fuel consumption needs and emissions.

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Truck Leasing Logistics Truck Rental
ata best practices business truck rental commercial truck leasing commercial truck rental consumer truck rental do-it-yourself EPA full service leasing industry trends SmartWay supply chain transportation truck leasing trucks

Higher Fuel Prices Persist

March 16, 2011

Last January, “Move Ahead” posted a piece titledAs Diesel Prices Rise Truck Fleets Seek Solutions. At that time we speculated a diesel price déjà vu scenario may be developing. Since our original post prices for on-highway diesel fuel and gasoline have continued to rise.

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Truck Leasing Logistics Truck Rental
diesel fuel fuel management full service leasing industry trends lease financing on-highway diesel prices

As Diesel Prices Rise Truck Fleets Seek Solutions

January 07, 2011

While the trucking and logistics sectors continue to spring back from the Great Freight Recession it looks like a diesel price déjà vu scenario may be developing. According to the U.S. Energy Information Administration on-highway diesel prices have continued to climb and some trucking industry experts expect the fuel prices to stay that way.

“We are concerned over the run-up on diesel fuel prices,” stated Bob Costello, chief economist and vice president for the American Trucking Associations. “Diesel fuel is often the second-highest expense for many carriers, after driver wages, and depending on the type of operation, diesel can account for as much as 20 percent of operating expenses. This percentage can vary dramatically depending on the type of operation, the average length of haul, etc.”

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Truck Leasing Logistics Truck Rental
diesel fuel fuel management full service leasing industry trends lease financing on-highway diesel prices

Discovery Forum Concludes Next Week in Ontario

December 06, 2010

The final stop on the Penske Truck Leasing Discovery Forum 2010 tour will take place on Dec. 14 in Mississauga, Ontario.

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Canada CSA2010 events industry trends lease financing Ontario SCR selective catalytic reduction truck leasing truck rental trucking trucks

Penske Discovery Forum in La Mirada, Calif. A Successful Event

December 02, 2010

Penske Truck Leasing today hosted a Discovery Forum 2010 event in the L.A. suburb of La Mirada that was well attended and chock full of information.

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CSA2010 E-EGR events FMCSA industry trends lease financing SCR SmartWay truck leasing truck rental trucking trucks
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