Penske Logistics

Reading, PA

Vince Hartnett, President

800-221-3040

www.penskelogistics.com

3PL Turnover:

$3.1b Parent: $4.8b

Service Area:

Tier 1 – Global Supply Chain Manager – Major Markets

3PL Assets:

 9,469 employees

151 warehouses

2,198 tractors, 4,293 trailers

Information Systems:

Very good

TMS – i2 Technologies, Proprietary–LMS

WMS – Infor/EXE, RT Systems, MARC, Proprietary

Services:

Lead logistics provider, dedicated contract carriage, transportation management, supply chain consulting, warehousing and distribution, equipment leasing, global freight management

Industry Focus:

Automotive and truck, consumer goods, diversified manufacturing, electronics, food and beverage, healthcare, technology

Key Customers:

DaimlerChrysler, Eaton, Emerson, Ford, General Electric, General Motors, International Truck and Engine, Merck, Mission Foods, Pepsi, PPG, Sony, Samsung, Steelcase, Wawa, Whirlpool

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 Logistics is one of five major automotive 3PLs with over $400 million per year in revenues in this segment. Penske Logistics is a master of inbound supply chain management, cross-docking, sequencing, dedicated contract carriage and just-in-time support. Penske Logistics has made significant strides in leveraging its automotive experience to other verticals. Major wins include: Steelcase, PPG, Wawa, Mission Foods, Samsung, Sony, Merck, Eaton and Emerson. Mexican and Brazilian operations are particularly strong. European business continues to grow and gain in a much tougher market. Penske Logistics recently opened a Shanghai, China branch to broaden its global network.