penske News Updates

Business, Technology

Penske Truck Leasing Eyes Up to 80% of Power From Solar

The first facility with a rooftop solar installation, in Illinois, is now operational. Solar panels installed there are expected to generate roughly 80% of the building’s energy needs.

November 21, 2024
Business, Fuel, Logistics, For-Hire

Penske Forms EV Infrastructure Advisory JV With Mitsui Unit

LAS VEGAS — Penske Transportation Solutions and ForeFront Power are teaming up for an electric vehicle infrastructure advisory joint venture to be known as Penske Energy, the partners said May 21.

May 28, 2024
Business, Equipment, For-Hire, TCA

Penske to Acquire Michigan-Based Star Truck Rentals

Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.

May 1, 2023
Business, Equipment

Penske Truck Leasing Introduces Mobile Remote Service Check-In

Penske Truck Leasing has introduced a remote service check-in through a mobile app upgrade, the company announced July 27.

July 31, 2020
Business, Technology, Equipment

Penske to Add Another Freightliner eM2 in Southern California

Penske Truck Leasing announced it is working with EnerSys to put another battery-electric, medium-duty Freightliner eM2 into service.

July 24, 2020
Business, Technology

Penske Truck Leasing Adds Digital Prompts for Maintenance Technicians

Penske Truck Leasing Co. has begun using fully digital and voice-directed truck fleet preventive maintenance processes that technicians follow when working on its fleet of more than 266,000 vehicles.

March 19, 2018
Business, Logistics

Penske to Assume Control of Kroger Distribution Center in Texas

Penske Logistics will officially take over control of a Kroger distribution center in Texas on Dec. 29, the third-party logistics company told Transport Topics.

December 27, 2017
Government, Business, Technology

Penske Launches Driver App for ELD Compliance

Penske Truck Leasing Co. launched a mobile app that will allow rental truck drivers to comply with the federal mandate for electronic logging devices and to access other information that enhances productivity.

November 21, 2017
Business

Hurricanes Likely to Trim Penske Earnings

Penske Automotive Group Inc. estimated hurricane-related losses, expenses and business interruption (net of expected insurance proceeds) will reduce earnings per share by 4 cents to 5 cents for the three months ended Sept. 30, according to the company.

October 2, 2017
Business, Logistics, TCA

Penske Logistics to Build $100 Million Warehouse Distribution Center in Michigan

Penske Logistics will build a $98.5-million, 606,000-square-foot Midwest regional distribution center in Romulus, Mich., creating an estimated 403 new jobs.

August 22, 2017