Penske Logistics Appoints New European Sales Director

Amsterdam/Roosendaal, Netherlands, October 30, 2006 - Today, Penske Logistics announced that Dirk-Jan Zwagerman was appointed Director, European Sales. He will be based at Penske's European headquarters in Roosendaal, Netherlands.

Zwagerman is a seasoned logistics industry professional with 19 years of experience. He joins Penske from TNT Logistics and has also worked for Vos Logistics. In this new role, he is responsible for Penske's business development and sales in the European market.

"We are very pleased to have Dirk-Jan join our team," said Penske Logistics' European Managing Director, Erik van Egmond. "The breadth of his experience from handling global clients and developing customer relationships and new business pportunities across Europe will play an important part in helping to fuel future growth."

Zwagerman is a graduate of the Transportation Academy in Venlo, Netherlands. He and his wife, Jessica, reside in Oss, Netherlands with their two children.

About Penske Logistics
Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing, a joint venture of Penske Corporation and General Electric. Penske Logistics provides supply chain management and logistics services to major industrial and consumer companies throughout the world. The company has offices and operations in North America, South America, Europe and Asia. Penske Logistics delivers value through design, planning and execution in transportation, warehousing, international forwarding and carrier management. Visit to learn more about the company and its services.