Working at Penske Truck Leasing | Glassdoor

Penske Truck Leasing Overview

Reading, PA
10000+ employees
1969
Company - Private
Transportation Management
$5 to $10 billion (USD) per year
Penske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a partnership of Penske Corporation, Penske Automotive Group and Mitsui & Co., Ltd. A leading global transportation services provider, Penske operates more than 300,000 vehicles and serves ... Read more

Company Updates

  • Penske has teamed up with Veteran Recruiting (VR) and other leading employers to support the VetFriendly Jobs Initiative to hire or train 100,000 veterans by 2020.

    http://glassdoor.com/slink.htm?key=vMXCN

    Penske Cited as 2019 Military-Friendly Employer | blog.gopenske.com

    Penske Truck Leasing and Penske Logistics are 2019 Military-Friendly Employers. Both companies earned entry onto the list created by VIQTORY media, the publisher of G.I. Jobs and Military Spouses magazines. This list was created with the help of an independent research firm and proprietary survey information from participating organizations.

  • New UTI Campus Opens Penske-Branded Diesel Lab

    http://glassdoor.com/slink.htm?key=vMA9w

    New UTI Campus Opens Penske-Branded Diesel Lab | blog.gopenske.com

    Penske Truck Leasing recently had the opportunity to leave its mark on a newly opened technical school - literally. In 2018, Universal Technical Institute, or UTI, opened a campus in Bloomfield, New Jersey. Danielle Dilks - a recruiter at Penske - and a few other associates met with the school's campus officials and discussed the possibility of branding the new building's diesel lab for students.

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Penske Truck Leasing – Why Work For Us?



A Business Driven by Values

We deliver innovative transportation and logistics solutions that are vital to the success of the companies and people we serve. We've built our business on three core values: commitment to our customers, dedication to excellence and innovative thinking.

Our Commitment

Thousands of associates exceed the expectations of our customers. With more than 1,000 locations and 300,000 vehicles worldwide, we address transportation and logistics challenges facing individuals, small companies and complex multinational organizations.

Our Services

Wherever you need to go, we'll help you get there. We offer commercial and consumer truck rentals, full-service leasing, contract maintenance,transportation and warehousing management and supply chain management solutions.

Our Global Reach

We are a global provider of logistics, transportation and distribution services.Ford, General Motors, Pepsi, Merck, Sony and Whirlpool have teamed with us to reduce supply chain costs, increase market share and improve profitability. We have established ourselves throughout North America, South America, Europe and Asia to better meet the logistics needs of customers with dynamic global supply chains. See logistics solutions.

Our Structure

We are a joint venture among the Penske Corporation, Penske Automotive Group and General Electric.


Become Part of the Team

Our people are the key to our success. We look for skilled individuals with an entrepreneurial spirit and the ability to thrive in a collaborative environment.

Working together toward common goals makes Penske a great place to work. Every day, we challenge our employees to find better ways of working by fostering a culture that empowers them to make a difference.

Support the Community

Individual Penske locations actively support neighborhood charities. Our associates contribute hundreds of thousands of dollars annually to the United Way, and when multiple hurricanes struck Florida and the Gulf Coast, we were there with trucks and fuel for emergency response teams.

Strength Through Diversity

We value different perspectives, approaches and backgrounds. Penske's Diversity Council leads the way by encouraging an environment that welcomes new points of view and respects individuality.

How Did We Get Here?

In just 40 years, Penske has gone from a three-location rental and lease business to a multibillion-dollar transportation services company with more than 1,000 locations spanning the globe.

We have led the industry with an unwavering commitment to customer service and innovation.

A Growing Vision

Roger Penske founded our company on December 1, 1969, after purchasing a car and light-truck rental and leasing business serving eastern Pennsylvania. We started with just three locations but, by 1981, had grown to 33 facilities staffed by 420 employees and generating annual sales of more than $40 million.

In 1982, we joined with the Hertz Truck Division to form Hertz-Penske Truck Leasing. The joint partnership acquired Goldston in 1983 and Leaseway Transportation's truck renting and leasing business in 1986. With 102 locations and 2,300 associates, our company generated annual revenues of $200 million.

In 1988, we purchased Hertz's remaining share of the joint venture and formed a partnership with General Electric that folded GE's Gelco Truck Leasing into Penske Truck Leasing Co., L.P.

Logistics Business Expands Worldwide

In 1995, we expanded our logistics business with the complete acquisition of Leaseway Transportation Corp. We began logistics operations in Europe in 1997 and delved further into that market with the 1998 purchase of Transportgroep van der Graaf. Also in 1998, we formed a joint venture with Cotia Trading to provide logistics services in South America. We acquired Cotia Trading's remaining interest in that company in 2005, when we also formed a joint venture with Victory Express to provide logistics services in Asia. In 2007, we bought Victory Express' remaining interest in the company.

A New Century

The turn of the century saw us develop fully into our role as a global industry leader. We purchased Canada's Rentway Ltd. in 2000 and Wilmington, Del.-based Rollins Truck Leasing in 2001. In 2004, we acquired the full-service truck leasing, rental, maintenance and logistics operations of AMI Leasing from Ford Motor Credit.

In early 2010, we continued our U.S. expansion efforts with the acquisition of Texas-based Bright Truck Leasing and Distribution, a privately owned full-service truck leasing, truck maintenance, rental, and logistics services provider. The acquisition added approximately 3,400 tractors, trucks and trailers to our fleet and several important truck leasing, truck rental and logistics customers.

Today, Penske Truck Leasing operates more than 200,000 vehicles across North America and we employ approximately 20,000 associates worldwide. Penske Logistics operates more than 335 locations and manages an estimated 19.1 million square feet of warehousing space worldwide. Together, our annual revenue is approximately $5.2 billion.

Accelerate Your Career

Consider Penske for your next career move. Penske offers dynamic career opportunities in virtually every field and profession. We're always seeking high-performance people with a deep passion for customer service and high ethical standards.



Sales and Operations Management Trainee Program

Things move fast at Penske. You will too. Helping millions of customers who depend on you. Training for success and learning how to run a business. Collaborating with smart, driven colleagues. It’s everything you need to know to develop as a leader in sales and operations, from finance to fleets. But there’s even more. You’ll grow far beyond the basics because Penske gives you the freedom to think on your feet, make important decisions and solve problems in new ways. And whatever path you choose to take, it’s here.

 

So take charge. And move forward. Apply today at moveforward.penske.jobs.



Penske Truck Leasing Reviews

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Penske Truck Leasing President Brian Hard
Brian Hard
343 Ratings
  • Featured Review

    Helpful (1)

    "Extremely rewarding company."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Rental Manager in Hartford, CT
    Current Employee - Branch Rental Manager in Hartford, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Penske Truck Leasing full-time (More than 3 years)

    Pros

    They reward the best performer not the most tenured

    Cons

    At points it can’t be extremely stressful. We don’t have too many associates so if you’re short staffed then you’re focused to do everything

    Advice to Management

    Try to find ways to have more fun and realize this stress of the job

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Penske Truck Leasing Photos

Penske Truck Leasing photo of: Penske Truck Leasing Co., L.P
Penske Truck Leasing photo of: In it for the long haul!
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Penske Truck Leasing photo of: Penske
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Penske Truck Leasing photo of: Penske Truck Leasing
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Penske Truck Leasing Interviews

Experience

Experience
66%
20%
14%

Getting an Interview

Getting an Interview
65%
13%
10%
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Difficulty

2.6
Average

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  1. Featured Interview

     

    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied through an employee referral. I interviewed at Penske Truck Leasing.

    Interview

    Penske was quick with responses. I had a phone interview with the branch manger and another higher-up. They asked questions about my future and my general knowledge with sales and past experiences. Overall, the process wasn't difficult and they are easy to work with.

    Interview Questions

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Penske Truck Leasing Awards & Accolades

  • World Excellence Awards, Ford Motor Company, 2013
  • Global Logistics Supplier of the Year, General Motors, 2010
  • Corporation of the Year, Automotive Supply Chain Magazine, 2016
  • Forbes 2018 America's Best Large Employer, Forbes, 2018
  • Ford Motor Company’s Gold World Excellence Award, Ford Motor Company, 2011
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