Working at Penske Truck Leasing | Glassdoor

Penske Truck Leasing Overview

Reading, PA
10000+ employees
1969
Company - Private
Transportation & Logistics
$5 to $10 billion (USD) per year
Penske Truck Leasing is a global player in commercial truck leasing. The company operates about 200,000 vehicles from about 1,000 locations in the Americas, Europe, and Asia. The company offers full-service leasing, contract maintenance, and commercial and consumer truck rental ... Read more

Company Updates

  • Body Shop Artisans Breathe New Life into Damaged Trucks. http://glassdoor.com/slink.htm?key=vIkk2

    Body Shop Artisans Breathe New Life Into Damaged Trucks | Blog.gopenske.com

    Like a sculptor shaping clay, body shop technicians transform trucks - those battered and torn in accidents - back to their original condition for their return to the road. "It is a true art," said Tyler Margison, a technician III at the Penske Truck Collision Repair Center in Hartford, Connecticut.

  • Veteran Shines in Maintenance Role. http://glassdoor.com/slink.htm?key=vIk9r

    Veteran Shines In Maintenance Role | Blog.gopenske.com

    Sabrina Russell, a maintenance supervisor at Penske Truck Leasing in Austin, Texas, credits her time in the military for giving her the skills she needs to get the job done.

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Penske Truck Leasing – Why Work For Us?


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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 200,000 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.

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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
222 Ratings
  • Helpful (2)

    "Good Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Rental Manager in Baton Rouge, LA
    Current Employee - Branch Rental Manager in Baton Rouge, LA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Penske Truck Leasing full-time (More than 5 years)

    Pros

    Great starting company with programs straight out of college, and the ability to move up rather quickly if you are talented and willing to relocate. Pay is pretty average, with a decent sized performance based bonus at the end of every fiscal year.

    Cons

    Very unorganized at times, hard to get your hands on equipment during some seasons of the year when equipment is tight or already on rent. Lots of political games and hoops to jump through to work your way up.

    Advice to Management

    Provide better support for your counters and locations. Don't get so caught up in what corporate demands vs what is actually achievable.

See All 487 Reviews

Penske Truck Leasing Photos

Penske Truck Leasing photo of: Penske Truck Leasing Co., L.P
Penske Truck Leasing photo of: Penske
Penske Truck Leasing photo of: Penske
Penske Truck Leasing photo of: Penske
Penske Truck Leasing photo of: Penske Truck Leasing
Penske Truck Leasing photo of: Photos from our Veterans Day gathering at Penske HQ in Reading, PA
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Penske Truck Leasing Interviews

Experience

Experience
69%
18%
11%

Getting an Interview

Getting an Interview
63%
13%
10%
6
3
0

Difficulty

2.7
Average

Difficulty

Hard
Average
Easy
  1.  

    Management Trainee Interview

    Anonymous Employee
    Accepted Offer
    Positive Experience

    Application

    I applied online. The process took 2+ months. I interviewed at Penske Truck Leasing.

    Interview

    The interview was standard at the beginning but became gradually became harder. There was an initial phone interview and then an interview in person. There was questions about education, past work experiences and how you deal with consumer relations.

    Interview Questions

    • Why do want to work at Penske? What do you know about the company?   Answer Question
See All 115 Interviews

Penske Truck Leasing Awards & Accolades

  • Corporation of the Year, Automotive Supply Chain Magazine, 2016
  • Top 100 Trucking Companies, Inbound Logistics, 2016
  • Lowe's Gold Carrier Award, Lowe's, 2016
  • Knoll Operational Excellence Award, Knoll, 2016
  • Global Trade Magazine Top Trucking Provider, Global Trade Magazine, 2016
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