The Official Blog of Penske Transportation Solutions

nptc

The National Private Truck Council 2021 Benchmarking Survey Report provides fleets with new industry standards to evaluate performance and identify opportunities for improvement.

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Penske Truck Leasing will be a Platinum Sponsor and exhibitor at the upcoming National Private Truck Council (NPTC) Annual Education Management Conference and Exhibition, June 13-15 in Cincinnati. The company will also host the First Timers' Orientation Breakfast and Sunday Exhibit Hall Reception.

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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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With technology evolving at a rapid pace in the transportation industry, a growing number of fleet operators are looking for telematics and onboard technology solutions that help increase visibility into their daily operations, with hopes of identifying and correcting any fleet inefficiencies.

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Penske Truck Leasing will showcase its leasing, maintenance, rental, logistics and fleet safety expertise as an exhibitor and sponsor of the National Private Truck Council (NPTC) 2016 Education Management Conference & Exhibition from April 24 to 26 in Cincinnati.

“As a longtime sponsor and exhibitor at NPTC, we have always found this expo to be a valuable opportunity to connect with fleet leaders from throughout the industry,” said Jim Lager, senior vice president of sales for Penske. “We look forward to working with our customers and other conference attendees to identify solutions that mitigate risks and volatility in their fleet operations and help them move their products safely, efficiently and successfully.”

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Penske Truck Leasing is a top exhibitor and sponsor of the 2015 National Private Truck Council (NPTC) Annual Education Management Conference & Exhibition in Cincinnati April 26 to April 28 at the Duke Energy Convention Center and Hilton Netherland Plaza Hotel.

Penske’s fleet experts will be located in booth 400 and ready to consult with fleet operators on issues including: preventive maintenance, leasing options, fleet tracking technologies, safety, traditional and alternative fuels and vehicle options and more.

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TheNational Private Truck Council (NPTC) recently published its annual benchmarking survey of private fleets, where 95 percent of respondents reported adopting onboard technology. This high percentage shows that for the vast majority of private fleets, this technology is expected to make a significant business impact.

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The driver shortage remains a top concern for private fleets and for-hire carriers alike. The National Private Truck Council (NPTC) called the driver shortage a “chronic problem” in its 2012 Benchmarking Survey, and the American Trucking Research Institute’s (ATRI) 2012 “Critical Issues” survey said the driver shortage placed fourth on the list of top industry concerns,with nearly 13 percent of respondents selecting it as the most serious issue.

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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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Private fleets constitute a $300 billion-a-year business and operate more than three out of the four million medium and heavy-dutycommercial trucks on the road. They travel more than 50 percent of all truck miles and represent the largest sector of the trucking industry.

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Penske Truck Leasing will once again be an exhibitor at the 2011 National Private Truck Council (NPTC)Annual Education Management Conference & Exhibition from April 17-19 in Cincinnati, Ohio. It will take place at the Duke Energy Convention Center and Hilton Netherland Plaza Hotel.

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