Penske Truck Leasing

Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a joint venture of Penske Corporation, Penske Automotive Group and General Electric. Penske Truck Leasing was founded by Roger Penske December 1, 1969. The company has grown substantially over the last four decades.

Today, Penske Truck Leasing is a $4.0 billion USD global transportation services provider that operates more than 200,000 vehicles and serves customers from over 1,000 locations in North America, South America, Europe and Asia. The company's product lines include full-service truck leasing, fleet maintenance, truck rentals, used truck sales, and supply chain solutions. The company employs approximately 20,000 workers worldwide.

• Penske Truck Rental, is an operating unit of Penske Truck Leasing and it has locations across the United States, Canada and Mexico. Penske Truck Rental provides businesses with commercial rental trucks to haul freight. In addition, the company rents trucks to consumers for do-it-yourself household moves. The company is best known for its yellow branded trucks with blue stripes.

• Penske Logistics, is a wholly owned subsidiary of Penske Truck Leasing. The company has operations in North America, South America, Europe and Asia. Penske provides supply chain management and logistics solutions to leading companies throughout the world including dedicated contract carriage, distribution center management, transportation management, lead logistics, and supply chain consulting services. This subsidiary is also headquartered in Reading, Pennsylvania. Marc Althen is the president of Penske Logistics.

• Penske Used Trucks, is an operating unit of Penske Truck Leasing that sells a wide array of trucks and used equipment to retail customers and to the used truck wholesale marketplace. The group sells tractors, trailers, trucks, and other equipment for light-, medium- and heavy-duty transportation applications.