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READING, Pa., March 26, 2007 - Today, Penske Logistics announced that it is the recipient of
Merck & Co., Inc.'s 2006 Sector Operational Award, recognizing its ability to drive cost reductions
by optimizing Merck's European regular ground transportation.
"It is an honor to be recognized as one of Merck's most valued suppliers," said Erik van Egmond,
Managing Director, Penske Logistics Europe. "We look forward to strengthening our successful
business relationship and continuing to play an integral role in helping the company drive
efficiencies in its supply chain operations."
Penske was challenged by Merck in 2000 to help optimize the company's European ground
transport infrastructure and help drive continuous cost reductions. Penske is currently managing
the regular ground transport of packed bulk tablets and finished products across Europe.
The Sector Operational Award was established to support Merck's objective of developing
strategic partnerships with critical providers, and began as a global program in 2005. Winners are
selected from each of Merck's primary supply sectors and seven additional outstanding
contribution award categories. Decisions on supplier performance are based on scorecard
grades, specific breakthroughs in multiple key business requirement categories and qualitative
assessments. This year, Merck honored 12 suppliers for their excellence throughout 2006.
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 www.PenskeLogistics.com to learn more
about the company and its services.
About Merck & Co., Inc.
Merck & Co., Inc. is a global research-driven
pharmaceutical company dedicated to putting
patients first. Established in 1891, Merck currently discovers, develops, manufactures and
markets vaccines and medicines to address unmet medical needs. The Company devotes
extensive efforts to increase access to medicines through far-reaching
programs that not only
donate Merck medicines but help deliver them to the people who need them. Merck also
publishes unbiased health information as a not-for-profit
service. For more information, visit