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Penske Logistics
Reading, PA
800-529-6531
Vince Hartnett, President
3PL Turnover: $3.2b Parent: $4.8b
Service Area: North America, Europe, Brazil
3PL Assets: 9,125 employees
135 warehouses
2,693 tractors, 5,333 trailers
Information Systems: Very good
TMS - LMS, i2, proprietary
WMS - EXE, RT Systems, MARC, proprietary
Services: Dedicated contract carriage, transportation management, supply chain consulting, warehousing and distribution, equipment leasing
Industry Focus/Key Customers: Automotive, retail, food, appliances, utilities
Key Customers: DaimlerChrysler, Delphi Corp, Eaton, Ford, General Electric, General Motors, International Truck and Engine, Mission Foods, Pepsi, Samsung, Steelcase, Whirlpool Corp.
Armstrong & Associates' Evaluation: Penske Logistics is a major automotive logistics player. It is Ford's lead logistics provider and provides significant services for General Motors, DaimlerChrysler and tier-one suppliers. Penske is one of five major automotive 3PLs with over $400 million per year in revenues in this segment. Penske is a master of inbound supply chain management, cross-docking, sequencing, dedicated contract carriage and just-in-time support. Penske continues to expand its activities in other verticals. Mexican and Brazilian operations are particularly strong. European business continues to grow and gain in a much tougher market.