December 18, 2014 3:19 PM ET

Road and Rail

Company Overview of Penske Truck Leasing Co., L.P.

Company Overview

Penske Truck Leasing Co., L.P. provides logistics, transportation, and distribution services globally. It offers truck rental services; truck leasing services, such as specialized equipment for construction, transit, municipalities, and utilities; and used trucks, including vans, trailers, tractors, specialty equipment, and more. The company also provides moving supplies and services, including towing equipment, boxes and supplies, self-storage, moving labor, and other moving services. In addition, it offers lease and maintenance services, such as full-service lease and contract maintenance services for over-the-road tractors, straight trucks, light duty vans and trailers, utility vehicles, ...

Route 10 Green Hills

PO Box 391

Reading, PA 19603

United States

Founded in 1969





Key Executives for Penske Truck Leasing Co., L.P.

Chief Executive Officer and President
Age: 67
President of Penske Logistics
Senior Vice President of Operations for Eastern Region-Penske Logistics
Senior Vice President of North Central Region
Senior Vice President of Finance-Logistics
Compensation as of Fiscal Year 2014.

Penske Truck Leasing Co., L.P. Key Developments

Penske Commercial Vehicles Announces New Venture with Penske Truck Leasing, Co., L.P. to Offer Commercial Truck Rental Services in Australia

Penske Commercial Vehicles has announced a new venture with Penske Truck Leasing Co., L.P. to offer commercial truck rental services in Australia. The venture, Penske Commercial Leasing Australia will operate under the brand name Penske Truck Rental. The collaboration combines Penske Truck Leasing's fleet operations expertise with the market knowledge of Penske Commercial Vehicles. Penske Commercial Vehicles has exclusive distribution of MAN and Western Star Trucks in Australia and New Zealand. Penske Truck Rental is now open in Australia and offers the latest prime movers from MAN and Western Star. The new truck rental office is located within the Brisbane Truck Centre in Queensland at 1543 Ipswich Rd. Rocklea. The rental office is open weekdays 8 a.m. to 6 p.m. and Saturdays from 8 a.m. to noon by appointment. Penske Truck Rental's operation in Australia will initially consist of a 20-truck fleet of high-specification MAN and Western Star prime movers. Each unit will be professionally maintained to maximize reliability, fuel efficiency and availability. Penske Truck Rental offers MAN TGS 6x4 prime movers powered by the 540 horsepower MAN turbo diesel coupled to 12-speed Tipmatic transmission along with both Western Star 4864 FS2 and Western Star 4864 FXC prime movers. The FS2 features a day cab while the FXC is equipped with a sleeper-cab. Both are powered by a 560 horsepower DD15 turbo diesel, coupled to Eaton's UltraShift Plus transmission.

Penske Used Trucks Opens Commercial Truck Dealership in Torrance

Penske Used Trucks announced it has opened a commercial truck dealership in Torrance, Calif., where it will sell used light-, medium- and heavy-duty trucks, trailers and related equipment. The used truck dealership is located at 20425 S. Hamilton Ave. and sits on nearly 5 acres.

Penske Truck Leasing Opens Neenah, Wisc., Facility

Penske Truck Leasing has opened a facility in Neenah, Wisc., at 2301 American Drive. Financial terms of the facility were not disclosed. Situated on 4 acres, the 11,000 square-foot structure provides full-service truck leasing, commercial truck rental and contract maintenance services. This facility has two service bays, a wash bay and a one-lane fuel island with bulk diesel exhaust fluid (DEF) available at the pump. The building was designed and constructed to be capable of servicing natural gas vehicles. The maintenance shop utilizes leading-edge wireless technology that enables Penske's service technicians to automatically connect vehicles for service with diagnostic and analytic software.

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