Shippers and their third-party logistics providers are working together to navigate fluctuating demand, capacity problems and uncertainties in the market. The majority of both groups report that their relationships are successful.

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Penske Logistics announced it was awarded a new contract with BMW Manufacturing Co., for Lead Logistics Provider (LLP) services at the South Carolina plant.

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When capacity is tight, being a shipper of choice can help shippers secure space with carriers. Capacity is tightening across the industry, and ACT Research forecasts double-digit growth in spot rates for the rest of this year and 2021, said Tim Denoyer, senior analyst at ACT Research, during a webinar on Sept. 15. Building relationships now and securing capacity can help shippers avoid the spot market.
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Penske Logistics today announced they have won a pair of Quest for Quality Awards from Logistics Management Magazine. Both honors came in the Third-Party Logistics category: Transportation Management Solutions and the Value Added Warehousing and Distributions Solutions. In the latter honor, Penske recorded the highest score in customer service/value added services.

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Visibility is increasingly vital in the supply chain, but even more so when there is a risk of disruption or during a recovery. Visibility allows those within the supply chain to get ahead of an interruption, potentially mitigating problems before they occur. It also enables a rapid response and correction to keep operations moving when issues do arise.

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Penske Logistics has been honored with Quest for Quality Awards for its transportation management and warehousing solutions by Logistics Management magazine. The magazine and Peerless Research Group obtained in excess of 4,500 industry responses as part of the process.

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Penske Logistics was awarded a 2019 Nissan Supplier Excellence Award at the automaker's annual supply chain logistics conference. Penske was recognized for its advanced use of transportation management technology (TMS) within its ClearChain® technology suite.

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Penske Logistics’ Senior Vice President of Global Products, Andy Moses, will speak at the EFT 3PL & Supply Chain Summit June 10-12, in Atlanta, Georgia.

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