READING, Pa., November 7, 2008 - Penske Logistics announced today it was honored as a Marquee Supplier by Emerson. Penske was one of 38 companies recognized for meeting global critical production and delivery needs.
This is the second year that Emerson has given out this award. Criteria for this honor includes: superior quality and service, alignment with Emerson's strategic initiatives, meeting the needs of Emerson businesses around the world, successful integration of Emerson's new product development processes and support of lean supply chain initiatives and the involvement of senior management.
"We're honored to be recognized by Emerson as one their top global suppliers," said Vince Hartnett, President of Penske Logistics. "We have successfully implemented a series of integrated solutions for freight transportation between Mexico and the U.S. for three Emerson divisions."
"Emerson's ability to meet its customers' needs around the world requires business partners who share our intensity of purpose and can deliver the highest levels of quality, creativity and responsiveness," said Emerson Chief Operating Officer Ed Monser. "We are very pleased to recognize Penske Logistics for its performance on our behalf in 2008."
Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing. With operations in North America, South America, Europe and Asia, Penske Logistics provides supply chain management and logistics services to leading companies throughout the world. Penske Logistics delivers value through design, planning and execution in transportation, warehousing, international freight forwarding and carrier management. Visit www.PenskeLogistics.com to learn more.
Emerson (NYSE:EMR), based in St. Louis, is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in 2007 were more than $22 billion. For more information, visit www.Emerson.com.