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News Stories (20 Results) - Penske Truck Leasing

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... Read Story
December 06, 2021, 07:17 AM

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... Read Story
November 01, 2021, 07:10 AM

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... Read Story
October 12, 2021, 06:58 AM

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... Read Story
October 07, 2021, 07:05 AM

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... Read Story
August 31, 2021, 07:16 AM

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... Read Story
August 09, 2021, 07:00 AM

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... Read Story
October 21, 2020, 07:00 AM

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... Read Story
June 15, 2020, 07:00 AM

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... Read Story
January 23, 2020, 07:05 AM

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... Read Story
December 04, 2019, 07:07 AM

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... Read Story
May 08, 2019, 07:05 AM

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... Read Story
August 31, 2018, 07:05 AM

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... Read Story
August 27, 2018, 07:03 AM

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... Read Story
June 28, 2018, 07:20 AM

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... Read Story
March 08, 2018, 07:05 AM

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... Read Story
September 08, 2017, 07:06 AM

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... Read Story
June 15, 2017, 07:02 AM

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... Read Story
September 20, 2016, 07:00 AM

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... Read Story
July 29, 2016, 07:19 AM

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... Read Story
March 19, 2015, 07:14 AM