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.
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.
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.
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.
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.