Penske Truck Leasing unveiled Catalyst AI; an industry first AI platform set to revolutionize fleet management that delivers real-time insight into fleet performance. Catalyst AI marks a pivotal shift away from traditional industry benchmarks...
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April 19, 2024, 07:18 AM
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Penske Truck Leasing recently opened a brand-new, state-of-the-art facility in the southwest region of Grand Rapids, MI.At this location, Penske offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet...
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March 20, 2024, 07:18 AM
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Penske Truck Leasing opened a new, state-of-the-art facility in Channahon, Illinois. At this location, Penske offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance. It is also outfitted with the...
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September 29, 2023, 06:05 AM
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Penske Truck Leasing announced it completed the acquisitions of Star Truck Rentals, Inc., a transportation services company offering full-service leasing, commercial truck rental, contract maintenance, used truck sales and additional services; and...
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July 17, 2023, 07:10 AM
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Penske Truck Leasing has opened a state-of-the-art facility in Pasco, WA. At this location, Penske offers consumer and commercial truck rentals, full-service truck leasing and contract truck fleet maintenance services. It is also outfitted with the...
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May 11, 2023, 07:00 AM
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Penske Truck Leasing announced it has reached an agreement to acquire Star Truck Rentals, Inc., a transportation services company offering full-service leasing, commercial truck rental, contract maintenance, used truck sales and additional services....
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April 27, 2023, 07:15 AM
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Penske Truck Leasing has opened a state-of-the-art facility in Huntsville, AL. It provides service to both the Madison and Huntsville markets.At this location, Penske offers consumer and commercial truck rental, full-service truck leasing and...
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April 18, 2023, 07:05 AM
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Penske Truck Leasing announced it has reached an agreement to acquire Kris-Way Truck Leasing, Inc. Financial terms were not disclosed.Founded in 1978, Kris-Way is a transportation services company offering full-service leasing, commercial truck...
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March 31, 2023, 07:23 AM
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In response to continued industry demand for used vehicles, Penske has increased the footprint of its network of used truck centers with four recently opened locations in Kansas City, MO; Chicago; and Miami and Tampa, FL.“While the majority of our...
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October 25, 2022, 07:00 AM
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Sonepar has selected Penske Truck Leasing to provide its new light-duty electric fleet. Penske Truck Leasing is in the process of delivering nine Ford E-Transit all-electric cargo vans to support the initiative.These vehicles will be used for...
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September 29, 2022, 07:15 AM
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Penske Truck Leasing has opened a new, state-of-the-art facility in Monroe, OH. This new facility expands Penske’s capability to support this growing Ohio market and allows increased aid to the large territory between its Sharonville and Dayton sites...
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August 01, 2022, 07:10 AM
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Penske Truck Leasing has opened a new, state-of-the-art facility in Cranbury, NJ. At this location, Penske offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance. It is also outfitted with the...
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May 24, 2022, 07:11 AM
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Penske Truck Leasing and Shell Recharge Solutions North America announced a new joint initiative to support light-duty electric vehicle (EV) charging at Penske locations.The project will initially deploy Level 2 (L2) electric truck charging stations...
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May 10, 2022, 07:10 AM
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Penske Truck Leasing is adding Orange EV electric terminal trucks for use with customers across the U.S. The vehicles are designed for trailer-handling operations in truck yards, warehousing and distribution centers, container terminals and related...
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May 09, 2022, 07:05 AM
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Penske Truck Leasing announced it has ordered 750 all-electric Ford E-Transit cargo vans. The company is taking delivery of its first several vehicles in the next several weeks. The move follows successfully piloting the vehicles late last...
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April 22, 2022, 06:00 AM
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Penske Truck Leasing has constructed a state-of-the-art facility in Fontana, CA. it is the second full-service company location in the Fontana area. The new location will allow the transportation company to better serve its existing customer base in...
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April 15, 2022, 07:12 AM
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Penske Truck Leasing has opened a new facility in Tampa, FL. Located at 7140 East Martin Luther King Boulevard, the new location will allow the transportation services company to upgrade the service it provides to existing customers in the area, as...
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April 04, 2022, 07:07 AM
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Penske Truck Leasing announced it has reached an agreement to acquire the assets of Rochester, N.Y.-based DeCarolis Truck Rental Inc. Financial terms were not disclosed."DeCarolis Truck Rental is a well-respected name in the region and we are excited...
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December 06, 2021, 07:17 AM
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Penske Truck Leasing has opened a new full-service location in West Fargo, ND. The facility is 14,520-square-feet and is located on 4.3 acres. It has three truck service bays, wash bay and a self-service fuel island."We have been in this area for 16...
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November 01, 2021, 07:10 AM
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Navistar and Penske Truck Leasing announced their continued commitment to a zero-emissions future with the anticipated delivery of the International eMV Series medium duty truck. This will mark Navistar's first U.S. delivery of the full battery...
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October 12, 2021, 06:58 AM
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Penske Truck Leasing has constructed a new state-of-the-art facility in Fort Worth, TX. It is the third full-service company location in the Fort Worth area. Penske now has a total of 16 locations throughout the Dallas-Fort Worth metroplex.This...
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October 07, 2021, 07:05 AM
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Penske Truck Leasing continues to expand its fleet electrification efforts including the evaluation of important related technologies to support the emerging charging needs of battery electric trucks. Since April 2021, Penske has worked with Stem...
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August 31, 2021, 07:16 AM
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As the commercial trucking industry moves forward in developing alternative fuel equipment, Fastenal is helping to drive innovation. Since early 2020, the supply chain organization has participated in a long-term test program of two battery electric...
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August 09, 2021, 07:00 AM
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Penske Truck Leasing moved to a new facility in the Burlington, VT, region and will now offer its consumer and commercial truck rental customers full-service truck leasing and contract truck fleet maintenance services.Penske's new facility in Essex...
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October 21, 2020, 07:00 AM
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Penske Truck Leasing has completed upgrades to its facility in Carson, CA, to safely provide maintenance and repair services for natural gas vehicles. Proper maintenance infrastructure is essential for supporting alternative fuel vehicles.Penske...
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June 15, 2020, 07:00 AM
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Penske Truck Leasing celebrated the opening of a state-of-the-art facility in DeForest, WI. Penske in DeForest will offer customers consumer and commercial truck rental in addition to full-service truck leasing and contract truck fleet...
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January 23, 2020, 07:05 AM
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Penske Truck Leasing is celebrating its 50th anniversary. Penske Truck Leasing was founded in 1969 by Roger Penske in Reading, PA. The company was created through the acquisition of a car and light truck rental and leasing business with three...
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December 04, 2019, 07:07 AM
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Heavy Duty Trucking magazine named Gregg Mangione, Senior Vice President of Maintenance at Penske Truck Leasing, a 2019 Truck Fleet Innovator.Penske and Mangione are being recognized for digitizing Penske's truck preventive maintenance processes. In...
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May 08, 2019, 07:05 AM
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Penske Truck Leasing has opened a new facility in Ogden, UT. Penske's new location is the fourth new facility announcement in Penske’s western region this summer and marks the company's eighth new facility announcement this year.The new facility...
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August 31, 2018, 07:05 AM
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Penske Truck Leasing announced it has joined the Charging Interface Initiative (CharIN), a worldwide industry alliance focused on promoting Combined Charging System (CCS) as the global standard for charging electric vehicles (EVs) of all types.Penske...
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August 27, 2018, 07:03 AM
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Daimler Trucks North America LLC (DTNA) announced Penske Truck Leasing and NFI have agreed to partner in operating the Freightliner Electric Innovation Fleet of eCascadia heavy-duty trucks and eM2 106 medium-duty trucks.The move is the next phase of...
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June 28, 2018, 07:20 AM
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Penske Truck Leasing has implemented fully digital and voice-directed truck fleet preventive maintenance processes for its fleet of more than 266,000 vehicles. Penske's innovative digital preventive maintenance approach improves accuracy and...
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March 08, 2018, 07:05 AM
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GE announced that it has sold its remaining 15.5% equity stake in Penske Truck Leasing Co, L.P., to Penske Automotive Group, Inc. (PAG) and MBK USA Commercial Vehicles, Inc. (MBK), a subsidiary of Mitsui & Co., Ltd. Total proceeds are approximately...
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September 08, 2017, 07:06 AM
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Penske Truck Leasing announced it has entered into an agreement to acquire Richmond, Virginia-based Old Dominion Truck Leasing. Financial terms were not disclosed."Old Dominion Truck Leasing and Penske Truck Leasing customers will benefit from...
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June 15, 2017, 07:02 AM
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Penske Truck Leasing has launched a new, updated website that provides valuable information about its full-service leasing and contract maintenance services, with a seamless experience for customers accessing it from any mobile device, tablet or...
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September 20, 2016, 07:00 AM
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GE announced that it has signed and closed the sale of a 14.4% limited partner interest in Penske Truck Leasing Co., L.P., a full-service truck leasing, rental, and logistics business, to Penske Automotive Group, Inc. The sale represents ending net...
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July 29, 2016, 07:19 AM
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Penske Truck Leasing Co., L.P. ("PTL") today announced that Tokyo-based Mitsui & Co., Ltd. ("Mitsui") has acquired a 20.0% limited partnership interest in PTL from General Electric Capital Corporation ("GECC"). Following Mitsui's investment, GECC...
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March 19, 2015, 07:14 AM
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