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About Penske Truck Leasing Co., L.P.

Penske Truck Leasing (PTL) is a global player in commercial truck leasing. The company rents and leases more than 200,000 vehicles from more than 1,000 locations in the Americas, Europe, and Asia. The company offers full-service leasing, contract maintenance, and commercial and consumer truck rental. Penske Logistics provides global transportation management, distribution and warehouse management, and integrated fleet logistics. Many of the PTL facilities deliver a full slate of product and service contracts for commercial, consumer, and government customers. PTL is a joint venture between General Electric and race-car legend Roger Penske's Penske Corporation and Penske Automotive Group.

Operations

The company's Penske Truck Rental unit provides commercial and consumer truck rentals in North America. Its fleet of more than 50,000 commercial vehicles includes cargo vans, moving trucks, tractors, flatbeds, refrigerator trucks, and trailers. It buys about 10,000 new vehicles a year. The Penske Used Trucks unit offers for sale vans, light-, medium- and heavy-duty straight trucks, tractors, trailers, and specialized equipment.

Geographic Reach

PTL has more than 700 locations in North America, South America, Europe, and Asia. It also manages about 19 million square feet of warehouse space.

Sales and Marketing

The company targets sectors such as construction, lumber and plywood, metal manufacturing, furniture, and medical. Corporate customers have included Ford, Pepsi, Merck, and Whirlpool.

Financial Performance

The company reports about $5.2 billion in annual revenue.

Strategy

For PTL, business is all about location. The company continuously invests millions of dollars in its fleet, full-service facilities, and other assets. Over the years the company has ordered hundreds of Volvo VNs and 750 Freightliner Cascadia diesel tractors -- both tout 5% better fuel economy and reduce fuel costs for the company. The company attempts to open additional facilities which are located near commercial hubs, growing economic centers, or major highway intersections. IN 2014, it oopened used trucks dealerships in Southern California, Arizona, and Georgia in the US and in Ontario Canada. That followed 2013 openings in Arizona, Iowa, and Wisconsin. It established a joint venture in the important emerging market of Australia in 2014.

Penske Truck Leasing Co., L.P.

2675 MORGANTOWN RD
Reading, PA 19607-9676
Phone: 1 (610) 775-6000

Stats

Employer Type: Privately Owned
President and CEO: Brian Hard
Chairman: Roger S. Penske
EVP: Art Vallely
Employees (This Location): 1,169
Employees (All Locations): 23,000

Major Office Locations

Reading, PA

Other Locations

Bessemer, AL
Birmingham, AL
Boaz, AL
Daphne, AL
Madison, AL
Mobile, AL
Montgomery, AL
Pell City, AL
Tuscaloosa, AL
Tuscumbia, AL
Fayetteville, AR
Fort Smith, AR
Hot Springs, AR
Jonesboro, AR
Little Rock, AR
Ozark, AR
Paragould, AR
Russellville, AR
Searcy, AR
Chandler, AZ
Flagstaff, AZ
Marana, AZ
Phoenix, AZ
Prescott Valley, AZ
Scottsdale, AZ
Tucson, AZ
Alameda, CA
Anaheim, CA
Bakersfield, CA
Ceres, CA
Chino, CA
City Of Industry, CA
Commerce, CA
Concord, CA
Corona, CA
Fontana, CA
Fremont, CA
Fresno, CA
Gilroy, CA
Hawthorne, CA
Hayward, CA
Hesperia, CA
La Mirada, CA
Livermore, CA
Long Beach, CA
Los Angeles, CA
Marina Del Rey, CA
Midway City, CA
Montebello, CA
National City, CA
Newbury Park, CA
Newport Beach, CA
Ontario, CA
Palm Springs, CA
Pleasanton, CA
Redlands, CA
Riverside, CA
Rocklin, CA
Sacramento, CA
Salinas, CA
San Bernardino, CA
San Diego, CA
San Francisco, CA
San Jacinto, CA
San Leandro, CA
San Luis Obispo, CA
San Marcos, CA
Santa Ana, CA
Santa Rosa, CA
Sepulveda, CA
Solana Beach, CA
South San Francisco, CA
Stockton, CA
Torrance, CA
Tracy, CA
Union City, CA
Vernon, CA
Visalia, CA
Watsonville, CA
West Sacramento, CA
Woodland, CA
Aurora, CO
Boulder, CO
Colorado Springs, CO
Denver, CO
Englewood, CO
Fort Collins, CO
Danbury, CT
East Hartford, CT
East Windsor, CT
Hartford, CT
Stamford, CT
Waterbury, CT
Windsor, CT
Milford, DE
Newark, DE
New Castle, DE
Wilmington, DE
Cape Coral, FL
Cutler Bay, FL
Daytona Beach, FL
Fort Myers, FL
Gainesville, FL
Gulf Breeze, FL
Hollywood, FL
Homestead, FL
Jacksonville, FL
Lecanto, FL
Longwood, FL
Medley, FL
Miami, FL
Mulberry, FL
New Port Richey, FL
Ocala, FL
Orange Park, FL
Orlando, FL
Panama City, FL
Pensacola, FL
Pompano Beach, FL
Saint Augustine, FL
Saint Petersburg, FL
Sanford, FL
Sarasota, FL
Tallahassee, FL
Tampa, FL
Venice, FL
West Palm Beach, FL
Winter Haven, FL
Albany, GA
Atlanta, GA
Augusta, GA
Columbus, GA
Conyers, GA
Dalton, GA
Dublin, GA
Duluth, GA
Forest Park, GA
Gainesville, GA
Jonesboro, GA
Kennesaw, GA
Lawrenceville, GA
Newnan, GA
Norcross, GA
Smyrna, GA
Statesboro, GA
Tifton, GA
Tucker, GA
Valdosta, GA
Honolulu, HI
Ames, IA
Davenport, IA
Des Moines, IA
Dubuque, IA
North Liberty, IA
Boise, ID
Channahon, IL
Chicago Ridge, IL
Cicero, IL
Dekalb, IL
Effingham, IL
Elk Grove Village, IL
Franklin Park, IL
Manteno, IL
Naperville, IL
Romeoville, IL
South Holland, IL
Waukegan, IL
West Chicago, IL
Bloomington, IN
Elkhart, IN
Evansville, IN
Fort Wayne, IN
Indianapolis, IN
Kokomo, IN
La Porte, IN
Princeton, IN
Richmond, IN
South Bend, IN
Wabash, IN
Warsaw, IN
Manhattan, KS
Salina, KS
Wichita, KS
Elizabethtown, KY
Erlanger, KY
Hopkinsville, KY
Lexington, KY
Louisville, KY
Paducah, KY
Alexandria, LA
Bossier City, LA
Deridder, LA
Gretna, LA
Hammond, LA
Lafayette, LA
Lake Charles, LA
Leesville, LA
Mandeville, LA
Metairie, LA
Monroe, LA
Shreveport, LA
Amherst, MA
Braintree, MA
Chicopee, MA
Fitchburg, MA
Framingham, MA
Gardner, MA
Hyannis, MA
Lawrence, MA
Lowell, MA
Medford, MA
Milford, MA
New Bedford, MA
Norton, MA
Norwood, MA
Quincy, MA
Springfield, MA
Worcester, MA
Baltimore, MD
Belcamp, MD
Bethesda, MD
California, MD
Capitol Heights, MD
Columbia, MD
Frederick, MD
Gambrills, MD
Germantown, MD
Hagerstown, MD
Jessup, MD
Scarborough, ME
Allen Park, MI
Bay City, MI
Dearborn, MI
Grand Rapids, MI
Lansing, MI
Plymouth, MI
Port Huron, MI
Rockford, MI
Saginaw, MI
Saint Johns, MI
Saint Joseph, MI
Trenton, MI
Troy, MI
Warren, MI
Wayne, MI
Wyandotte, MI
Faribault, MN
Saint Cloud, MN
Saint Paul, MN
Carthage, MO
Chesterfield, MO
Columbia, MO
Earth City, MO
Independence, MO
Kansas City, MO
Lebanon, MO
Saint Joseph, MO
Springfield, MO
Belden, MS
Biloxi, MS
Brandon, MS
Byhalia, MS
Greenville, MS
Grenada, MS
Hattiesburg, MS
Houston, MS
Jackson, MS
Mccomb, MS
Mineral Wells, MS
Raleigh, MS
Richland, MS
Asheville, NC
Burlington, NC
Cary, NC
Charlotte, NC
Concord, NC
Conover, NC
Davidson, NC
Elizabeth City, NC
Greensboro, NC
Matthews, NC
Mebane, NC
Morganton, NC
Morrisville, NC
Raleigh, NC
Rocky Mount, NC
Salisbury, NC
Southern Pines, NC
Tar Heel, NC
Wilmington, NC
Winston Salem, NC
Fargo, ND
Omaha, NE
Claremont, NH
Hudson, NH
Londonderry, NH
Manchester, NH
Burlington, NJ
Clinton, NJ
Dayton, NJ
Edison, NJ
Hackettstown, NJ
Linden, NJ
Millville, NJ
North Bergen, NJ
Parsippany, NJ
Pennsauken, NJ
Piscataway, NJ
Sewell, NJ
South Plainfield, NJ
Albuquerque, NM
Santa Fe, NM
Las Vegas, NV
Sparks, NV
Albany, NY
Auburn, NY
Binghamton, NY
Brooklyn, NY
Buffalo, NY
Central Islip, NY
Conklin, NY
East Syracuse, NY
Elmira, NY
Fredonia, NY
Fultonville, NY
Ithaca, NY
Jamaica, NY
Kingston, NY
Liverpool, NY
Montgomery, NY
New York, NY
Oneonta, NY
Queensbury, NY
Rochester, NY
Schenectady, NY
Smithtown, NY
Watertown, NY
Webster, NY
Whitesboro, NY
Yonkers, NY
Akron, OH
Beachwood, OH
Bedford, OH
Canton, OH
Cincinnati, OH
Cleveland, OH
Clyde, OH
Columbus, OH
Dayton, OH
Delphos, OH
East Liberty, OH
Fairfield, OH
Mansfield, OH
Maple Heights, OH
Medina, OH
Middletown, OH
Northwood, OH
Norwalk, OH
Perrysburg, OH
Streetsboro, OH
Tipp City, OH
Toledo, OH
Troy, OH
Twinsburg, OH
Wapakoneta, OH
Wickliffe, OH
Youngstown, OH
Zanesville, OH
Duncan, OK
Enid, OK
Muskogee, OK
Oklahoma City, OK
Tulsa, OK
Clackamas, OR
Eugene, OR
Oregon City, OR
Portland, OR
Wilsonville, OR
Allentown, PA
Bensalem, PA
Bethlehem, PA
Butler, PA
Camp Hill, PA
Chester Springs, PA
Coraopolis, PA
Easton, PA
Ephrata, PA
Fairless Hills, PA
Gettysburg, PA
Hanover, PA
Harrisburg, PA
Hazleton, PA
Jessup, PA
Johnstown, PA
King Of Prussia, PA
Lancaster, PA
Montgomery, PA
Philadelphia, PA
Pittsburgh, PA
Pottstown, PA
Princeton, PA
Reading, PA
Stockton, PA
Stroudsburg, PA
Upper Chichester, PA
Wilkes Barre, PA
Winchester, PA
York, PA
Warwick, RI
Anderson, SC
Florence, SC
Greenville, SC
Greer, SC
Lexington, SC
Simpsonville, SC
Spartanburg, SC
Summerville, SC
Sumter, SC
West Columbia, SC
Sioux Falls, SD
Ashland City, TN
Athens, TN
Bartlett, TN
Chattanooga, TN
Clarksville, TN
Cleveland, TN
Columbia, TN
Cookeville, TN
Jackson, TN
Johnson City, TN
Knoxville, TN
La Vergne, TN
Memphis, TN
Morristown, TN
Murfreesboro, TN
Nashville, TN
Abilene, TX
Arlington, TX
Austin, TX
Beaumont, TX
Bedford, TX
Burleson, TX
Cedar Hill, TX
Clarksville, TX
College Station, TX
Corpus Christi, TX
Corsicana, TX
Dallas, TX
El Paso, TX
Fort Worth, TX
Garland, TX
Grand Prairie, TX
Harlingen, TX
Houston, TX
Katy, TX
Killeen, TX
Laredo, TX
League City, TX
Lewisville, TX
Longview, TX
Los Indios, TX
Odessa, TX
Pasadena, TX
Pharr, TX
Richardson, TX
San Antonio, TX
Spring, TX
Waco, TX
Waxahachie, TX
Weatherford, TX
Hyde Park, UT
Ogden, UT
Orem, UT
Salt Lake City, UT
Tooele, UT
Alexandria, VA
Ashland, VA
Charlottesville, VA
Chesapeake, VA
Fredericksburg, VA
Harrisonburg, VA
Manassas, VA
Newport News, VA
Norfolk, VA
Roanoke, VA
Salem, VA
Sandston, VA
South Boston, VA
Springfield, VA
Suffolk, VA
Triangle, VA
Winchester, VA
Auburn, WA
Fife, WA
Marysville, WA
Seattle, WA
Spokane Valley, WA
Sumner, WA
Tacoma, WA
Tukwila, WA
Vancouver, WA
De Pere, WI
Eau Claire, WI
Fond Du Lac, WI
Madison, WI
Milwaukee, WI
Mosinee, WI
Neenah, WI
Pewaukee, WI
Rothschild, WI
Sheboygan, WI
Huntington, WV
Martinsburg, WV
Morgantown, WV
Parkersburg, WV
Poca, WV
Barueri, Brazil
Cabo De Santo Agostinho, Brazil
Cabreuva, Brazil
Cajamar, Brazil
Campinas, Brazil
Gravata, Brazil
Horizonte, Brazil
Itajai, Brazil
Jaboatao Dos Guararapes, Brazil
Salvador, Brazil
Sao Jose Dos Pinhais, Brazil
Sao Paulo, Brazil
Abbotsford, Canada
Acton, Canada
Acton Vale, Canada
Barrie, Canada
Belleville, Canada
Boucherville, Canada
Brampton, Canada
Burlington, Canada
Burnaby, Canada
Calgary, Canada
Cambridge, Canada
Chatham, Canada
Concord, Canada
Delta, Canada
Edmonton, Canada
Etobicoke, Canada
Guelph, Canada
Halifax, Canada
Hamilton, Canada
Ingersoll, Canada
Kingston, Canada
Lethbridge, Canada
London, Canada
Mississauga, Canada
Moncton, Canada
Montréal, Canada
Newmarket, Canada
North Vancouver, Canada
Oakville, Canada
Oshawa, Canada
Ottawa, Canada
Port Colborne, Canada
Port Perry, Canada
Québec, Canada
Regina, Canada
Sainte-Rose, Canada
Saint-Laurent, Canada
Saskatoon, Canada
Scarborough, Canada
Shanty Bay, Canada
Surrey, Canada
Whitby, Canada
Windsor, Canada
Villa De Arriaga, Mexico