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Infographic: Penske and SpareFoot Memorial Day and Moving

Memorial Day weekend marks the unofficial start of summer and kicks off the 2012 moving season as one of the busiest moving weekends of the year for the moving truck rental and self-storage industries. Penske Truck Rental and self-storage tech startup SpareFoot are teaming up to offer increased convenience and services for savvy do-it-yourself movers.

The relationship launches ahead of Crazy Tuesday, the self-storage industry’s unofficial biggest day of the year, which falls right after Memorial Day. Now, customers of either company can now easily find and reserve a storage unit and moving truck together, in just a few clicks or via one phone call. For more information, you can view the full news release here.  Below is an infographic that best tells the story of all the big moves made on Memorial Day weekend. 

Penske Truck Rental Extends Military Discounts to Veterans

Penske Truck Rental is now expanding do-it-yourself military moving discounts to include veterans of the U.S. military. Now, both active duty and veterans can enjoy perhaps the industry’s best moving discounts.

When renting a truck online, military active duty and veterans can receive a 10 percent discount. Upon showing their military IDs at truck pick up, they will receive a second 10 percent discount. They also can take advantage of Penske’s price-match guarantee on one-way rentals.

Penske Truck Rental has a network of over 2,000 rental locations, free unlimited mileage on one-way rentals, an array of supplies and accessories, and moving partner discounts.

Active duty military are encouraged to visit Penske’s dedicated online home, http://www.ditymove.com/, for an array of moving tools, which includes a certified public scale locator.

Penske Truck Rental extends U.S. military discounts to American veteransow.ly/b6zSH

— Penske Moving (@PenskeMoving) May 23, 2012

By Alen Beljin

Penske Truck Rental Sponsors 2012 Sea to Shining Sea Bicycle Ride

Penske Truck Rental is sponsoring the second Sea to Shining Sea cross-country bicycle ride with wounded warriors from America’s military. The event is a creation of World T.E.A.M. Sports, a non-profit that organizes athletic events for disabled and able bodied citizens.

This year’s ride will depart San Francisco on May 28, and arrive in Virginia Beach, Va., on July 28. The ride includes disabled veterans from all services, who will ride bicycles, hand cycles and recumbents on a nearly 4,000 mile cross-country journey through 14 states.

Cities included in this year’s ride: Reno, Nev.; Salt Lake City; Denver; Colorado Springs, Colo.; St. Louis; Cincinnati; Pittsburgh; Washington D.C.; and Richmond, Va.

“We’re very pleased to support this exciting cross-country journey,” said Don Mikes, senior vice president of rental for Penske Truck Leasing. “It is a great celebration of these proud men and women who have served our country so admirably.”

Participants of the Sea to Shining Sea ride include veterans who live with disabilities, and have served America, in wars from Afghanistan and Iraq to Vietnam.

“Support from an organization like Penske Truck Rental means so much to this group of riders who will dedicate two months of their lives to crossing the country they defended,” said World T.E.A.M. Sports president and CEO Paul Tyler.

Penske Truck Rental provides do-it-yourself movers with clean, well-maintained and reliable trucks as well as moving equipment, packing supplies and accessories. Penske also offers military members discounted truck rentals. For more information, visit http://www.ditymove.com/.

Penske Truck Rental sponsors 2012 sea to shining sea bicycle rideow.ly/b5YfX #disabledveterans

— Penske Moving (@PenskeMoving) May 23, 2012

By “Move Ahead” Staff

Penske Will Seek New Talent at Milicruit Online Career Fair

Penske will be a part of tomorrow’s Milicruit online career fair. Milicruit is a website devoted to pairing U.S. military veterans with prospective employers. It will take place on Wednesday, May 23, from 1 p.m. to 4 p.m. ET. Penske human resources staff will host real-time chats with prospective associates.

Click here to view a segment of FOX News Channel’s “FOX and Friends” career outlook nationwide, where Milicruit discusses Penske’s hiring needs.

Currently, Penske is seeking to fill openings across the U.S., for jobs such as technicians/mechanics, vehicle maintenance supervisors/managers, drivers, sales and customer service.

Penske is on the current G.I. Jobs magazine Top 100 Military Friendly Employers ®list, placing 83^rd on the overall list, and 10^th in the transportation industry.

For more information about open positions, visit Penske’s careers page or follow the company on Twitter, @GoPenskeCareers. We offer competitive wages and a wide range of benefits. Penske is an Equal Opportunity Employer.

Penske seeking new associates at tomorrow’s @Milicruit online career fairow.ly/b4KdC

— Go Penske Careers (@GoPenskeCareers) May 22, 2012

By “Move Ahead” Staff

Penske Sponsors AFREC Sustainability Summit

Penske Truck Leasing is among the major sponsors of the upcoming Alternative Fuels Renewable Energies Council Sustainability Summit. The event includes executives from leading private and Fortune 500 companies, where sustainability improvement efforts will be highlighted. Penske executives will also be present. 

The AFREC Sustainability Summit will be held May 31 at the Hershey Lodge in Hershey, Pa. Bob Douglas, Penske Truck Leasing’s vice president of field maintenance for the Northeast region, and Drew Cullen, vice president of energy, will co-present.

Douglas will discuss Penske’s vehicle maintenance practices related to Staple’s electric truck fleet. Cullen will touch on Penske’s commitment to participating in the U.S. Environmental Protection Agency’s SmartWay program in its truck leasing, truck rental and logistics businesses.

Penske Truck Leasing is a proud sponsor of next week’s @AFREC1 sustainability summit in Hershey, Pa. ow.ly/b4pFD

— Penske News (@PenskeNews) May 22, 2012

By Alen Beljin

Penske Truck Leasing Issues $1.75 B in Senior Notes

Penske Truck Leasing Co., L.P. (“PTL”) and its wholly owned subsidiary PTL Finance Corporation today announced that they have issued an aggregate of dollarsignr1.75 billion in senior notes in two equally sized tranches of notes with three- and five-year maturities. The net proceeds from the sale of the notes will be used to refinance existing PTL debt. The offering was managed by J.P. Morgan, Bank of America Merrill Lynch and Wells Fargo Securities. 

“We are very pleased with the market’s reception of our initial bond offering and its recognition of the strength of our business,” said Brian Hard, president and CEO of PTL. “As long as debt market conditions remain favorable, we will continue reviewing opportunities to access the financial markets to secure long-term funding at attractive rates.” 

The senior notes have not been registered under the Securities Act of 1933, as amended, or any state or foreign securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and state securities laws.  The notes are eligible for resale by the initial purchasers thereof pursuant to Rule 144A and Regulation S under the Securities Act. This is neither an offer to sell nor a solicitation of an offer to purchase any securities. Any offer of the notes will be made only by means of a private offering memorandum.

By “Move Ahead” Staff

Penske and Ford Earn European Logistics Excellence Award

Yesterday, in Kiev, Ukraine, the European Logistics Association (ELA) honored Penske Logistics and Ford Motor Company with the 2012 European Award for Logistics Excellence. The companies received the award for a case study submitted to the organization, which documented their close collaboration on the innovative Network Integrator concept developed by the two companies.

The winning case study submission was peer-reviewed by a panel from the European Logistics Association. The case study was a joint project of Ford’s European Customer Service Division (FCSD) and Penske Logistics to help optimize the spare parts supply chain, enabling collaboration for multiple car brands across Europe.

“We’re honored to receive the European Logistics Award in cooperation with our long-time and valued customer at Ford,” said Marc Althen, president of Penske Logistics. “Close collaboration with our customer was essential in the successful execution of this logistics strategy and implementation. I’m especially proud of our associates and their continued, outstanding efforts to support Ford’s supply chain needs globally. Congratulations to everyone involved on receiving this prestigious award.”

Innovative Concept Helps the Environment

The Penske-Ford Network Integrator concept has been a success story related to spare parts logistics optimization for many years. Its application has led to savings in transportation of more than 25 million truck kilometers and a reduction of more than 10,000 tons of CO2 emissions each year, based on an assumption of 750,000 shipments annually, with further potential reductions in the years ahead.

The team behind the concept consists of logistics experts and thought leaders from Ford and Penske. Together, they have designed flexible logistics solutions for inbound and outbound shipments by integrating the supply chains of participating car brands to create a collaborative logistics network.

“Simply excellent” were the words the European Logistics Association’s judges used to describe the project. “Redesigning a spare parts supply chain is not an easy task, but combining this with the acquisition of other brands to be included in the logistics network in Europe is a true challenge. This supply chain is particularly complex, due to the high number of unique items to be managed, the heterogeneity of those items, and the extremely short lead times that dealers require. The industrywide cooperation makes the Network Integrator a state-of-the-art example. This excellent concept produces excellent results in cost reduction, increased customer service and advantages for the planet through deep collaboration. On top of that it delivers several exemplary models for the future,” the case study judges wrote.

A New Platform for the Entire Auto Industry in Europe?

Spare parts logistics has become more challenging for the automotive industry in Europe due to the increasing number of spare parts as a result of increased vehicle complexity. Ford collaborated with Penske Logistics and co-developed the Network Integrator concept into a best-in-class model in industry collaboration.

“The Network Integrator concept is part of Ford’s holistic efforts to further reduce the environmental footprint of our products along their entire life-cycle, including the supply chain,”  said Raymond Damerow, director parts supply and logistics, Ford European Customer Sales Division.

“Our goal is to continue expanding the concept and encourage other companies of the automotive industry to join the Network, and further leverage economies of scale – to the benefit of each partner participating in the Network and to the environment,” Damerow continued.  “Last but not least, the customer benefits as well, as we can provide the highest service level through a stable network.”

A History of Success and Collaboration

“Ford and Penske have worked together globally for years to develop creative and efficient supply chain solutions,” said Brian Ruprich, Europe’s managing director for Penske Logistics. “The Network Integrator model has evolved into a solid solution that is delivering results and has exceeded expectations for some time now. It also proves smart solutions can contribute to a greener supply chain at lower costs while also maintaining a high-service level. We are sincerely honored to receive this award, but it would not have been possible without the close, long-term collaboration with the Ford team.”

Earning the 2012 European Award for Logistics Excellence 2012 is a high honor for Penske Logistics, and its outstanding work has also earned recognition from Ford itself. In the last few years, Penske Logistics has earned Ford Motor Company’s Gold World Excellence Award twice and one Silver World Excellence Award. Penske continues to provide a wide array of logistics services to Ford around the globe.

#Ford & #Penske Logistics Win European #Logistics Excellence Award ow.ly/aQyI0 #supplychain

— Penske News (@PenskeNews) May 11, 2012

By “Move Ahead” Staff

Penske employee photo caption: these five Penske associates played an integral role in the company winning this prestigious honor. From left: Philipp Buhl, senior logistics manager; Herman Ebner, senior project manager; Kirsten Dietz, supply chain specialist; Kaaren Pearson, supply chain specialist; Len Coenders, senior operations manager.   

Penske Truck Rental Exhibiting at National Relocation Conference

Simple Moving Labor and CubeSmart will join Penske Truck Rental’s team of exhibitors at the Worldwide Employee Relocation Conference’s 2012 National Relocation Conference May 9 – 11, 2012 in San Antonio, Texas.

Visit booth 102 to speak with representatives about the services available from Penske to help make moving easier and to improve workforce mobility programs for relocation companies, corporate human resources professionals and others involved in helping people relocate.

“This conference provides us with an opportunity to network with relocation and mobility professionals and boost awareness of our truck rental and related support services from companies we have working relationships with like Simple Moving Labor and CubeSmart,” said Dave Baptisti, Penske’s director-national consumer sales and programs.

Simple Moving Labor is able to provide assistance for those Penske Truck Rental customers needing the extra muscle to load or unload their rental truck and CubeSmart provides short-term or longer-term self-storage and a range of other solutions.

Visit http://www.employeemoves.com/ for more information.

Penske Truck Rental will exhibit at the national relocation conference ow.ly/aHqCj #WERCNRC

— Penske Moving (@PenskeMoving) May 4, 2012

By Randy Ryerson

Penske Hosting May Job Fairs at UTI, WyoTech and UNOH. Diversity Career Fairs Also Slated this Month.

Penske Truck Leasing and Penske Logistics are looking for qualified candidates at career fairs nationwide to join our diverse and talented team.

Penske Truck Leasing’s fleet maintenance and recruiting teams will be at the following fairs to fill diesel technician and customer service representative positions. Please check with your school’s Career Center for exact times and locations.

• May 7 and 8: Career Fair at University of Northwestern Ohio’s College of Applied Technologies
• May 8 and 9: Career Fair at WyoTech Laramie, Laramie, Wyo.
• May 9 and 10: Penske Career Day at UTI – Chicago, Chicago
• May 22: Penske Career Day at UTI – Sacramento, Sacramento, Calif.
• May 23-24: Career Fair at WyoTech Sacramento, West Sacramento, Calif.

Penske’s recruiting team will be at the following job fairs to speak with interested candidates about entry-level positions, including the management trainee program at Penske Truck Leasing and the new Supply Chain Leadership Program at Penske Logistics.

• May 10: Diversity Job Fair at Doubletree by Hilton Hotel, Philadelphia
• May 17: Diversity Job Fair at The Westin Dallas Fort Worth Airport, Irving, Texas

For more information about Penske’s open positions, visit the Penske careers page or follow the company on Twitter, @GoPenskeCareers.  We offer competitive wages and a wide range of benefits. Penske is an Equal Opportunity Employer.

Join Penske Truck Leasing and Penske Logistics teams. Recruiters visiting May career fairs: ow.ly/aFWLR

— Go Penske Careers (@GoPenskeCareers) May 3, 2012

By Kandace Wertz

Penske Logistics to Attend WERC Conference in Atlanta

Penske Logistics will be an exhibitor at the upcoming Warehousing Education and Research Council annual conference from May 6 to May 9. It will be held at the Atlanta Marriott Marquis.

The WERC event is an educational conference and exhibit event for warehousing, distribution and logistics professionals.

Come visit Penske Logistics in booth 307, to discuss the broad array of solutions available to optimize distribution centers and warehouses as well as transportation management and dedicated contract carriage solutions.

To read more about Penske Logistics and its industry-leading best practices in distribution center management that was recognized by WERC for best operational practices with a top grade of 93.6 percent, click here.

Attending #WERC2012 in #Atlanta? Stop by #Penske Logistics’ booth to discuss your warehouse mgmt needs ow.ly/aEDUx @WERC

— Penske News (@PenskeNews) May 2, 2012

By Alen Beljin