Penske Truck Leasing opens Washington facility
At this location, Penske offers consumer and commercial truck rentals, full-service truck leasing and contract truck fleet maintenance services.
Advice for navigating rising interest rates, cash flow and reducing emissions
Similar to years past, the industry remains resilient, and demand for goods has held up despite higher interest rates.
Unplanned truck maintenance trends skew toward the surprising
Are you dealing with service issues that you haven’t typically seen before? You’re not alone.
Penske Truck Leasing opens state-of-the-art facility in Ohio
Penske Truck Leasing has recently opened a brand-new, state-of-the-art facility in Monroe, Ohio. Located at 100 Clark Boulevard 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. At this location, Penske offers consumer and commercial truck rental, full-service
Penske Truck Leasing opens new, state-of-the-art facility in New Jersey
Penske Truck Leasing has opened a brand-new, state-of-the-art facility in Cranbury, New Jersey. Located at 2682 US 130 North, near exit 8 and 8A of the N.J. Turnpike and U.S. Route 1, it is the first-ever, ground-up build in its South Plainfield District. At this location, Penske offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance. It
Penske Logistics honored by GM with Supplier of the Year awards
Penske Logistics’ work in the automotive sector has been recognized by long-time customer General Motors, with a pair of 2021 Supplier of the Year awards, at GM’s recent Phoenix awards ceremony. Penske took home the hardware in the Lead Logistics Provider (LLP) category for services provided in Mexico, and for Dedicated Delivery Service (DDS) efforts to transport service parts
KLC Financial implements Tamarack Technology’s artificial intelligence platform
National equipment leasing and finance company KLC Financial Inc. has implemented Tamarack.ai, an artificial intelligence (AI) platform from Tamarack Technology.An element of KLC Financial’s growth strategy, the company is using the fully-integrated AI tool to increase efficiency and accuracy of its decision-making. For KLC Financial, the next step in the implementation of Tamarack.ai is the use of the platform’s prediction capabilities in
What is ‘Vehicle as a Service’?
Well before electric trucks started to roll into real world applications, there was talk of how the new powertrain technology could impact the truck ownership model. We’ve seen bundled offerings that pull in costs related to, but outside of the electric truck itself. Yet, Mack Trucks recently announced “Vehicle as a Service” wears the new
How long should you be running your trucks?
New truck demand continues to boom as production challenges continue to loom. The evolution of truck technology is the constant—improved safety systems and improved efficiency all add up to savings. Pre-pandemic, a four- to five-year new truck lifecycle was common among carriers, but that’s starting to change as fleets take a long, hard look at
Making informed truck management decisions during the microchip shortage
The trucking industry could be headed toward the perfect storm of equipment shortages. We’ve already heard how the microchip shortage is impacting OEM truck production, and those supply challenges are being felt by suppliers and service providers. ACT Research noted that Class 8 truck orders are nearing their “best ever,” and vocational markets are expected
Putting the right truck equipment, service practices in place during a pandemic
Fleets thrive on predictability. Uptime and asset utilization are improved when you can see what’s coming. Of course, the COVID-19 pandemic has made 2020 anything but predictable. Shifting applications, duty cycles and equipment needs continue to impact all trucking segments in unique ways; a fact that is felt by Penske Truck Leasing as it helps
Penske offers fleets ‘Get Back to Business’ leasing options
Penske Truck Leasing is offering fleets a “Get Back to Business” full-service truck leasing offer with low rates and flexible lease terms on late-model, low-mileage vehicles. Business owners can choose from 16-ft. light-duty, 26-ft. medium-duty and tandem-axle day cab and sleeper tractor options with low mileage. Penske leases and maintains brands including Hino, Freightliner, Ford,
