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Penske Truck Leasing Co., L.P., headquartered in Reading, PA, is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. A global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management, and supply chain management solutions. Penske Truck Leasing’s annual revenue is approximately U.S. $4.1 billion. The company employs approximately 20,000 associates worldwide. Penske Truck Leasing was founded by Roger Penske in 1969.
Penske acquired The Hertz Corporation's Truck Rental division to form Hertz/Penske Truck Rental in 1985. In 1992, "Hertz" was dropped from the name and became Penske Truck Rental. [edit] External links
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