Press Releases

READING, Pa., July 30, 2025 – Penske Logistics is the recipient of a 2025 Manufacturing Innovation Award from Toyota North America. The award was handed out at Toyota’s supplier conference, in recognition of Penske’s dedicated contract carriage solutions. Penske received this honor for attaining high marks in ingenuity, efficiency and cost savings for Toyota.

Jeff Jackson, Penske Logistics president: “We thank Toyota North America for their recognition of our hard-working associates, who are dedicated to accelerating the supply chain performance of our valued customers each and every day.”

Penske Logistics supports Toyota’s plant operations in Alabama, Indiana, and Ontario, Canada.

Penske Logistics is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. The company is a leading provider of innovative supply chain and logistics solutions. Penske offers solutions including dedicated transportation, distribution center management, lead logistics, freight management, transportation management, freight brokerage, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeLogistics.com to learn more.

NEW YORK, June 3, 2025 – The Council of Supply Chain Management Professionals (CSCMP) has released the findings of its annual State of Logistics Report. The longstanding report indicates that businesses continue to navigate through a fog of supply chain and economic uncertainty. What is true today may not be true tomorrow in this rapidly changing landscape.

Created annually for CSCMP by global consulting firm Kearney and presented by Penske Logistics, this publication offers to the industry a close-up of the American economy through the lens of the logistics sector.

The report further suggests ongoing fragile business optimism driven by fluctuating demand, emerging technological disruptions, and a renewed need for resilience and agility.

Notable trends and statistics include:

• U.S. business logistics costs are $2.58 trillion, which amounts to 8.8% of the national GDP. Last year, the numbers were $2.45 trillion and 8.8% respectively.
• The logistics industry in 2024 saw a return to pre-pandemic patterns in some areas, but was also marked by flat business volumes, excess truck capacity and rising operational costs.
• E-commerce continues to move along at a brisk pace, with global online retail sales nearing $6.3 trillion, resulting in more efficient last-mile delivery, increasingly agile warehousing, and a stronger demand for air freight.
• Geopolitical tensions, combined with proposed and enacted tariffs, and shifting trade regulations around the world, have combined to increase transit times, capacity constraints, rate volatility in ocean freight (leading to longer home package delivery times and delays), and a greater reliance from third-party logistics providers to deliver end-to-end support.
• Mexico overtook China as the United States’ largest trading partner in 2024. Transactions between the U.S. and Mexico topped at a record $840 billion, a 6% year-over-year improvement.
• Technology investment continues to be an essential component of the modern supply chain. Data analytics, artificial intelligence as well as robotics and automation are among the headliners supply chain leaders are working on.

Mark Baxa, CSCMP president and CEO stated: “Today’s logistics leaders are operating in a world of rapid shifts and persistent uncertainty—a true fog of global commerce. This year’s State of Logistics Report helps supply chain professionals cut through that fog with insight, data, and direction. It highlights not only the challenges of disrupted trade flows, evolving customer expectations, and constrained capacity, but also the resilience and innovation reshaping the logistics landscape. At CSCMP, we’re proud to provide this essential industry benchmark, empowering leaders to navigate complexity and chart a confident course forward.”

Korhan Acar, Kearney partner and lead author for the State of Logistics Report, shared: “As the fog thickens, the logistics industry must move beyond short-term fixes and fundamentally rethink resilience—not as a luxury, but as a strategic imperative embedded in networks, technology, and decision-making. In a world defined by disruption, resilience is what ensures continuity, enabling agility and long-term durability. And as AI and automation drive down the cost of building resilient supply chains, the greater risk now lies in standing still.”

Andy Moses, senior vice president of solutions and sales strategy, Penske Logistics remarked: “There is a great deal of quality content in this year’s State of Logistics Report. Each day, we are helping our customers find resiliency in their supply chains, as we leverage best-in-class technology and amass capacity on a flexible basis as needed.”

Penske Logistics is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. The company is a leading provider of innovative supply chain and logistics solutions. Penske offers solutions including dedicated transportation, distribution center management, lead logistics, freight management, transportation management, freight brokerage, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeLogistics.com to learn more.

Since 1926, Kearney has been a leading management consulting firm and trusted partner to three-quarters of the Fortune Global 500 and governments around the world. With a presence across more than 40 countries, our people make us who we are. We work impact first, tackling your toughest challenges with original thinking and a commitment to making change happen together. By your side, we deliver—value, results, impact. To learn more about Kearney, please visit www.kearney.com.

Since 1963, the Council of Supply Chain Management Professionals (CSCMP) has supported the supply chain management community through their mission to lead the supply chain profession by connecting, developing and educating the world’s supply chain management and logistics professionals throughout their careers. With more than 10,000 members globally, representing business, government, and academia from 62 countries, CSCMP members are the leading practitioners and authorities in the fields of logistics and supply chain management. To learn more, visit cscmp.org [cscmp.org]

READING, Pa., March 11, 2025 - During a recent awards ceremony, Penske Logistics celebrated its 2024 Freight Management Carrier award recipients. The award is based on: A Penske Logistics enterprise scorecard combined with customer, operations and sourcing feedback. The 14 honorees were chosen from among Penske’s base of trucking carriers within its freight management operations.

Reading, Pa. – Dec. 4, 2024 – Penske Logistics was recognized for its industry-leading work in the automotive aftermarkets supply chain by Toyota North America with a 2024 Service Outbound Award. Penske was a recipient during Toyota’s supplier conference in Plano, Texas.

“It is truly an honor to be recognized by our longtime customer at Toyota North America and we are sincerely appreciative of this award,” stated Jeff Jackson, president of Penske Logistics. “We are especially thankful to be supported on this account by an incredible team of associates who go above and beyond each day to serve our customer and accelerate the performance of their aftermarket supply chain.”

Penske Logistics earned the honor with its commitment to safety, quality and on-time delivery to support Toyota’s service parts dealer network in select Southeast, Midwest and Mid-Atlantic markets.

Penske Logistics is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. The company is a leading provider of innovative supply chain and logistics solutions. Penske offers solutions including dedicated transportation, distribution center management, lead logistics, freight management, transportation management, freight brokerage, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeLogistics.com to learn more.

READING, Pa., Oct 22, 2024 – Penske Logistics is a 2024 Top Food Chain Provider as designated by Food Chain Digest, the official publication of the Food Shippers of America (FSA). The Top Food Chain Provider program recognizes third-party logistics providers and related companies that excel in food and beverage capabilities and services.

“Many supply chains in the food industry are struggling due to sluggish consumer demand, economic headwinds driven by high inflation and interest rates, geopolitical instability and continued fragmentation of global trade,” explained Brian Everett, group publisher and editorial director of Food Chain Digest.

“A common denominator for the providers selected to the 2024 list is their ability to help food shippers navigate these complicated challenges by providing creative solutions, supply chain visibility, streamlined processes and dependable services,” he continued.

Penske Logistics provides fresh, on-time delivery and cold storage solutions. Penske is a reliable logistics and supply chain partner that aids companies in the food and beverage space to solve the supply and delivery challenges unique to their businesses.

“We are honored that food manufacturers, retailers and distributors voted for Penske Logistics to be recognized as a top 3PL in this space,” stated Jeff Jackson, Penske Logistics president. “We are very pleased to partner with some of the most prominent brands in the grocery and retail food and beverage space. Our goal is always to collaborate closely with our customers and accelerate their supply chain performance.”

Penske Logistics is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. The company is a leading provider of innovative supply chain and logistics solutions. Penske offers solutions including dedicated transportation, distribution center management, lead logistics, freight management, transportation management, freight brokerage, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeLogistics.comto learn more.

READING, Pa., Oct 1, 2024 – The 2025 Third-Party Logistics Study, spearheaded by Dr. C. John Langley of Penn State University and developed in collaboration with NTT DATA and Penske Logistics, was unveiled today at the Council of Supply Chain Management Professionals (CSCMP) EDGE. In its 29th year, the study delves into the evolving dynamics of the supply chain under the theme Navigating Change, reflecting the current challenges within the industry.

The research highlights three pivotal areas: Change management in shipper (companies that manufacture goods or provide services) and 3PL (third-party logistics providers) relationships; artificial intelligence; and the importance of the direct-to-consumer experience.

The research provides a deeper dive into the current state of the 3PL market, and contemporary issues like nearshoring and trends in commercial real estate and supply chain labor are also contained within.

Some key learnings from the 2025 3PL Study include:

• Change management is essential to keeping pace in the marketplace: Shippers (61%) and 3PLs (73%) both agree that supply chain change management is vital. Demand for change management is driven by customer experience, economic factors and technological advancements. Among survey respondents, 58% of shippers and 76% of 3PLs are currently employing a change management framework.
• Artificial intelligence is a supply chain competitive advantage: Both shippers and 3PLs are in agreement that AI can be pivotal in automating data analysis, identifying patterns, solving problems and automating repetitive tasks. Results uncovered that 33% of shippers are seeking implementations related to supply planning and demand forecasting, while 19% of 3PLs reported planning implementation in this area. Also, 27% of shippers expressed an interest in transportation and route optimization technologies, while 22% of 3PLs noted they are planning to install these capabilities.
• The continued e-commerce effect is shaping the direct-to-consumer experience: 48% of shippers and 53% of 3PLs reported that customers routinely expect deliveries in less than two days, and 27% of shippers and 26% of 3PLs noted that there are three-day or less delivery expectations. Shippers (44%) and 3PLs (38%) are willing to absorb a small percentage of the costs related to shipping speeds. Both shippers and 3PLs view delivery speed and further delivery visibility as strong areas of differentiation.

The study surveyed 3PL providers and users of 3PL services to understand the current state of 3PLs and how 3PL relationships are evolving with their customers. The research continues to capture and measure this evolving industry and document the transformation of the third-party logistics sector as new challenges and opportunities emerge. The 2025 study and past versions are available for download at www.3PLStudy.com.

“While users and providers of 3PL services continue to report successful relationships, they find themselves having to deal with an increasingly wide range of challenges,” said Dr. C. John Langley, Professor, Supply Chain & Information Systems, Penn State University. “While examples include economic concerns, geopolitical unrest, and changing markets for supply chain services, they also are taking advantage of change management processes to benefit from new and improved capabilities such as AI and direct-to-customer proficiencies.”

“This year’s study once again achieves success with providing readers with a nuanced understanding of the key issues facing our supply chains today,” said Ramu Pannala, Vice President of Supply Chain Technology, Penske Logistics. “Technology will drive the industry forward in many exciting ways.”

“This reinforces what we see in the market regarding businesses trying to manage through the volatility of day-to-day operations, relying on new capabilities like AI, and deeper partner relationships,” said Shanton Wilcox, Senior Vice President, Supply Chain Consulting, NTT DATA. “All of these efforts and investments rely on change management to increase the likelihood of success.”

NTT DATA is a $30+ billion trusted global innovator of business and technology services. We serve 75% of the Fortune Global 100 and are committed to helping clients innovate, optimize and transform for long-term success. As a Global Top Employer, we have diverse experts in more than 50 countries and a robust partner ecosystem of established and start-up companies. Our services include business and technology consulting, data and artificial intelligence, industry solutions, as well as the development, implementation and management of applications, infrastructure and connectivity. We are also one of the leading providers of digital and AI infrastructure in the world. NTT DATA is part of NTT Group, which invests over $3.6 billion each year in R&D to help organizations and society move confidently and sustainably into the digital future. Visit us at nttdata.com.

Penske Logistics is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. The company is a leading provider of innovative supply chain and logistics solutions. Penske offers solutions including dedicated transportation, distribution center management, lead logistics, freight management, transportation management, freight brokerage, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeLogistics.com to learn more.

Supply chains are investing in technologies to accelerate resilience, agility and flexibility to better navigate current and future disruption.

LOMBARD, Ill., June 18, 2024 -- The 2024 State of Logistics Report was unveiled at the National Press Club in Washington D.C. today, with the 35th annual publication finding that U.S. supply chains pressured by global economic volatility -- including inflation, climate change and geopolitical conflicts -- are enhancing their capabilities by investing in supply chain technologies to accelerate resilience, agility and flexibility to navigate current and future disruption.

Produced annually for the Council of Supply Chain Management Professionals (CSCMP) by global consulting firm Kearney and presented by leading third-party supply chain provider Penske Logistics, the annual report offers a snapshot of the American economy via the lens of the logistics sector and its role in overall supply chains.

The report is a comprehensive compilation of leading logistics intelligence from around the world and shines a spotlight on industry trends and key insights on ever evolving supply chains across a number of sectors.

The report found that uncertainty is now a near constant in the global economy, and that the smartest way to respond to steady times is to rekindle strategic projects and gather resources to improve resilience. The global economy is expected to experience sluggish 2.5% growth across 2024, which would represent the slowest half-decade of output in 30 years. Demand has not yet fully recovered, with myriad forces at play, and new growth engines will need traction before the tide turns.

Report highlights include:

• A notable report statistic, U.S. business logistics costs, is $2.3 trillion, which translates to 8.7% of the national GDP.
• There are multiple reasons why demand has not yet fully recovered, chief among them are simultaneous geopolitical conflicts around the world, climate change (which has affected shipping lanes), high inflation, high interest rates, and apart from the U.S., sluggish demand.
• As a result of the economic headwinds and geopolitical instability, the continued fragmentation of global trade is complicating supply chain transactions. There were over 1,000 U.S. freight brokers that shuttered their doors since the 2023 report was released.
• Some of the largest manufacturers and retailers are seeking to monetize their own logistics capabilities while viewing their supply chain successes as a service to market and profit from.
• Carriers have been plagued by high operating costs, while lackluster demand, and the capacity glut, have made it hard for them to charge the kinds of rates that would allow them to sustain rates and protect their margins.
• Third-party logistics providers continue to work through significant challenges right now, which includes high operating and insurance costs, low freight rates, and excess capacity. Will this lead to further industry consolidation?
• Investments in emerging technologies such as artificial intelligence, end-to-end visibility, and advanced automation are expected to drive competitive advantage and greater resilience to future disruption in the logistics sector.
• Major global corporations have adopted rigorous environmental goals. Further government funding programs have been launched to encourage decarbonization initiatives, which indicate progress in both the public and private sector, toward higher levels of sustainability.

CSCMP President and CEO Mark Baxa brought the significance of the research to the fore: “I believe CSCMP creates the very finest and most comprehensive unbiased research with ready access to solutions supply chain leaders seek. After reading the report cover-to-cover, I encourage you to ask, ‘what’s different’, and do I understand the course of action to ensure maximum logistics success on the road ahead? Whether you are the senior leader or an entry-level analyst, you have decisions to make that will make a difference in your supply chain’s performance. The CSCMP State of Logistics Report presents powerful and timely insights that bring to life critical data and insights that will help readers develop solutions to their logistics challenges.”

Josh Brogan, Kearney partner and lead author for the State of Logistics Report: “Continued volatility drives our clients to rethink and rewire the logistics capabilities that drive their supply chains. Both shippers and carriers find that the people, processes and tools that move goods and information in global supply chains are often inadequate for their needs and require accelerated investment. The State of Logistics Report shows what is happening, where and why.”

Andy Moses, senior vice president of sales and solutions for Penske Logistics stated: “Our customers, as well as the industry, continue to face significant challenges in maintaining both a consistent and cost-effective supply chain. Investing in technologies to help improve agility and resilience will better position organizations and the industry as a whole to seamlessly navigate future disruptions. The State of Logistics Report provides an excellent explanation of what we are all currently experiencing.”

Kearney is a leading global management consulting firm. For nearly 100 years, we have been a trusted advisor to C-suites, government bodies, and nonprofit organizations. Our people make us who we are. Driven to be the difference between a big idea and making it happen, we work alongside our clients to regenerate their businesses to create a future that works for everyone. www.kearney.com

Penske Logistics is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. The company is a leading provider of innovative supply chain and logistics solutions. Penske offers solutions including dedicated transportation, distribution center management, lead logistics, freight management, transportation management, freight brokerage, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeLogistics.com to learn more.

Since 1963, the Council of Supply Chain Management Professionals (CSCMP) has supported the supply chain management community through their mission to lead the supply chain profession by connecting, developing and educating the world’s supply chain management and logistics professionals throughout their careers. With more than 10,000 members globally, representing business, government, and academia from 62 countries, CSCMP members are the leading practitioners and authorities in the fields of logistics and supply chain management. To learn more, visit cscmp.org [cscmp.org]

Reading, Pa., March 8, 2024 – Penske Logistics is pleased to announce that Amy Ilyes, vice president of Logistics Engineering has been honored with the 2024 Pros to Know Award by Supply & Demand Chain Executive. This recognition is in the Lifetime Achievement category.

Supply & Demand Chain Executive, a leading publication covering the global supply chain, acknowledges individuals for their outstanding contributions to supply chain management. Amy Ilyes’ acknowledgment highlights her significant impact on the industry.

Throughout her career, Ilyes has demonstrated a commitment to excellence and innovation within supply chain management. Her leadership roles and contributions have led to notable advancements and improvements in operational efficiency, customer satisfaction and strategic decision-making within Penske Logistics.

“This achievement is a testament to her unwavering dedication and exceptional leadership – not only raising the bar for Penske Logistics, Amy also sets a benchmark for the overall industry,” said Andy Moses, senior vice president of sales and solutions for Penske Logistics. “Her expertise and hard work are truly commendable.”

Looking ahead, Amy aims to leverage data analytics and machine learning techniques to further enhance decision-making while fostering innovation and sustainability.

The Lifetime Achievement category honors company leaders who’ve made outstanding contributions to the supply chain space and have at least 10 years’ documented experience in supply chain and logistics. Recipients of the award, including Amy, will be featured in Supply & Demand Chain Executive's March 2024 issue, providing insights into their achievements and contributions to the field.

READING, Pa., December 14, 2023 – Penske Logistics today announced the appointment of Jeff Jackson as its new President in advance of the planned retirement of Marc Althen. Jackson is a longtime Penske leader with more than 28 years of experience in the transportation industry.

“We’re very pleased to have such an experienced operations leader like Jeff at the helm of our logistics business,” said Brian Hard, President of Penske Transportation Solutions. “Jeff’s strong operations and leadership background, breadth of experience with customers, and industry expertise gives us great confidence as he takes on his new role.”

Throughout his career, Jeff Jackson has held numerous operations management and leadership roles with Penske Logistics as Executive Vice President of Operations – Dedicated Contract Carriage (DCC), Senior Vice President of Operations – DCC and SVP, Operations of the Eastern Region as well as prior roles within Penske Truck Leasing including Area Vice President – Northeast, and District Manager in Tampa and Memphis. Prior to Penske acquiring Rollins Leasing Corp., he also held positions as rental manager and branch manager in Atlanta, Jacksonville, and Tampa.

“I’m honored and thrilled to take on this new opportunity and to work with such a dynamic leadership team and group of associates,” said Jackson. “We have built an incredible logistics and supply chain business and see tremendous opportunities ahead for us.”

Jackson holds a bachelor’s degree in marketing from the University of South Florida. He is a member of the Council of Supply Chain Management Professionals and was recently named a “top supply chain pro to know” by Supply and Demand Chain Executive magazine.

Penske Logistics is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. The company is a leading provider of innovative supply chain and logistics solutions. Penske offers solutions including dedicated transportation, distribution center management, lead logistics, freight management, transportation management, freight brokerage, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeLogistics.com to learn more.

Penske Logistics honored its 2023 Freight Management Carrier Awards program recipients during an awards ceremony in Phoenix. Category winners were selected from among Penske’s base of trucking carriers operating within its freight management operations. There are several award qualifications: A Penske Logistics enterprise scorecard combined with customer, operations and sourcing feedback.

READING, Pa., Oct. 19, 2023 – Penske Logistics has been honored by Food Chain Digest, the official magazine of the Food Shippers of America, as a 2023 Top Food Chain Provider. Penske is one of only 25 honorees this year.

The program highlights third-party logistics companies and other providers that excel in capabilities and service to food transportation, logistics, distribution, and supply chain management. Food Chain Digest staff sifted through more than 6,000 tallied votes to reach this list of 25 honorees.

“We’re honored to be recognized as a Top Food Chain Provider and we’re appreciative of the leading brands across retail, grocery, food, and beverage that rely on our services every day,” stated Marc Althen, Penske Logistics president. “Our associates and leaders make this award possible because of their outstanding work in transportation, warehousing and freight management.”

Penske Logistics features industry-leading solutions for its food and beverage customers. These solutions include reliable and on-time product pickup and deliveries; temperature-controlled supply chain management; flexible vendor pickups and just-in-time delivery; sophisticated refrigerated trailer temperature tracking; a keen grasp of store and vendor requirements; delivery coordination among vendors, distribution centers and stores; cold chain and ambient distribution center management for food products; and enhanced supply chain visibility for shippers through its ClearChain technology suite.

Penske Logistics is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. The company is a leading provider of innovative supply chain and logistics solutions. Penske offers solutions including dedicated transportation, distribution center management, lead logistics, freight management, transportation management, freight brokerage, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeLogistics.com to learn more.

READING, Pa., Oct 2, 2023 – The 28^th Annual Third-Party Logistics Study, created by supply chain professor and researcher Dr. C. John Langley of Penn State University, along with NTT DATA and Penske Logistics, examined how supply chains are navigating today’s challenges through the adoption of data-driven approaches and emerging technologies. The 2024 publication was presented at this year’s Council of Supply Chain Management Professionals (CSCMP) EDGE conference in Kissimmee, Florida.

READING, Pa., August 21, 2023 – Penske Transportation Solutions furthered its ongoing commitment to veteran hiring across its truck rental, truck leasing and logistics businesses in by signing a strategic commitment with the U.S. Army Partnership for Your Success (PaYS) program.

“We’re honored to begin this important, new relationship with the U.S. Army’s PaYS program,” said Ron Schwartz, vice president of staffing at Penske Transportation Solutions. “We truly value the service of our armed forces and the incredible diversity, work ethic and contributions they bring to our workforce.”

The PaYS Program is a strategic partnership between the Army and a cross section of private industry, academia and state and local public institutes. The U.S. Army PaYS Program guarantees soldiers five job interviews and possible employment after their service in the Army.

“Joining forces with Penske has allowed us to amplify our impact and create even more opportunities for our veterans to thrive in the civilian world,” stated LTC Jesse Ceja, battalion commander of the Dallas Fort-Worth Recruiting Battalion station. “We are proud to work with Penske in bridging the gap between military services and civilian careers, which will ensure a brighter future for those who have greatly served our nation.”

The PaYS program is designed to help soldiers prepare for a career after the Army by connecting them with employers who understand the skills, discipline, and work ethic that military service members bring to a business. This program is part of a long-term U.S. Army effort to help soldiers forge professional relationships with businesses and encourage business owners to look to the Army as a plentiful and reliable recruiting source. Since PaYS began in 2000, more than 1,000 employers have partnered with the program.

Approximately 9% of Penske's annual new hires are veterans and the company has been routinely recognized as a top military friendly employer. The organization offers a wide range of career opportunities including truck fleet maintenance technicians, truck drivers, fleet supervisors, operations management, logistics and supply chain operations, leadership positions and many others. Visit Penske’s careers site for more job opportunities for veterans.

Penske Transportation Solutions is the over-arching brand for Penske Truck Leasing, Penske Logistics, Epes Transport Systems, Penske Vehicle Services and related businesses. Our businesses provide innovative transportation, supply chain and technology solutions to keep the world moving forward. Visit GoPenske.com to learn more.

Reading, Pa., June 20, 2023 – The 2023 State of Logistics Report was unveiled at the Indianapolis Motor Speedway today, with the 34th annual publication finding that U.S. supply chains responded to the global volatility from the past two years by transforming supply chain networks to improve resilience against future disruption.

Reading, Pa., June 1, 2023 – Penske Logistics, a leading third-party logistics provider, is ramping up its freight brokerage capabilities this year with increased hiring and the opening of two new locations in the United States. Penske has introduced new offices in Chicago and Edison, New Jersey.

The Chicago location, on 500 W. Madison St., is 9,000-square-feet in size. There are expected to be 80 associates housed there in the location’s first 12 months. These associates will have sales, account management, operations and customer success responsibilities.

Over in Edison, New Jersey, at 110 Fieldcrest Ave., the offices are comprised of 5,000-square-feet. There will be associates working in operations, customer success and logistics coordination. There are expected to be 25-30 associates working from this location in the next year.

“We are opening these new offices to support our freight brokerage expansion goals and to be closer to population centers that feature a wealth of supply chain talent,” stated Jeff Bullard, senior vice president of operations – freight management, Penske Logistics. “While many of our new hires will be based in Chicago, we will also add new associates to existing locations in Beachwood, Ohio, Reading, Pennsylvania, and Corona, California.”

Brian Kenney, vice president of brokerage, Penske Logistics: “The growth of our freight brokerage offerings will provide our customers with increased access to additional capacity and flexible solutions, which are sorely needed in this unpredictable economic environment,” Kenney added.

Penske Logistics has in excess of $7.4 billion in freight under management for its customers. When there are supplemental freight needs, Penske Logistics will ensure that a customer’s freight will reach its destination safely while on time and on budget. Penske offers award-winning freight brokerage solutions to aid with seasonal needs, capacity surges and challenging lanes. The company executes thousands of daily loads all while providing reliable transportation modes.

Penske Logistics is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. The company is a leading provider of innovative supply chain and logistics solutions. Penske offers solutions including dedicated transportation, distribution center management, lead logistics, freight management, transportation management, freight brokerage, and a comprehensive array of technologies to keep the world moving forward. Visit PenskeLogistics.com to learn more.

Reading, Pa., March 22, 2023 – Steve Beverly, Penske Logistics senior vice president of finance, has been honored by Supply and Demand Chain Executive with the 2023 Pros to Know Award. The annual Pros to Know award recognizes outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage the supply chain for competitive advantage, according to the publication.

“This year’s list is filled with supply chain professionals whose achievements and success stories have helped move the needle in the supply chain,” explained Marina Mayer, editor-in-chief of Supply & Demand Chain Executive and Food Logistics. They promote safety, sustainability and workforce development. They work toward helping heal the supply chain.”

As a member of the senior leadership team who is responsible for all financial aspects of Penske Logistics, Beverly serves as the executive sponsor for some of Penske's key customers across various product offerings. He also has oversight of safety, loss prevention and quality operations.

Marc Althen, Penske Logistics president: “I am very proud of Steve Beverly for being recognized as a 2023 Pro to Know. He is a valuable adviser to our company whose responsibilities extend past the role of a traditional chief financial officer. Steve’s ability to strategize and build interpersonal connections make him an excellent leader and motivator of his team. He is exceptional with customers and always willing to take on any challenge. He has a long and distinguished career in the supply chain and is more than deserving of this recognition.”

Reading, Pa., Dec. 13, 2022 – Penske Logistics has announced the 24 recipients of its 2022 Freight Management Carrier Awards program. This year the event took place at an awards ceremony in Phoenix.

Reading, Pa., Nov. 2, 2022 – Penske Logistics has earned entry onto the 2022 Top Food Chain Providers listing, as announced by Food Chain Digest, the official publication of the Food Shippers of America.

The Top Food Chain Provider program highlights third-party logistics companies, freight brokers, motor carriers, rail/intermodal and maritime companies that excel in capabilities and service to food transportation, logistics, distribution and supply chain management, according to the publication.

For this year’s list, nearly 6,000 participants in the food industry voted for organizations with the strongest reputations and value in the food chain technology segment. As part of the process, companies earning an adequate volume of votes are validated, which helped to identify the companies named to the list.

“Food shippers rely upon their logistics partners and carriers to help manage a productive, efficient and seamless food chain,” said Brian Everett, group publisher and editorial director of Food Chain Digest. “A common theme for the companies on the 2022 list is that they have been providing significant value to food shippers at a time when demand in all modes has been surging while the people and assets needed to move and store goods and materials remain scarce.”

Penske Logistics features an industry-leading portfolio of services to its food and beverage customers. These solutions include reliable product pickup through delivery; a temperature-controlled supply chain; flexible vendor pickups and just-in-time delivery; sophisticated equipment tracking; a keen grasp of store and vendor requirements; delivery coordination between vendors, distribution centers and stores; and the local sourcing of the freshest products.

Marc Althen, Penske Logistics president: “We are honored to be designated as a top food chain provider. Our associates are dedicated to serving our food and beverage customers in the most efficient manner and it’s vital that we help them engineer solutions, sometimes in an instant, during these uneven times that we are currently living in.”