supply chain

Penske Logistics is aware that criminals are utilizing fraudulent Penske email addresses, including but not limited to, @penskelogisticsllc, to fraudulently solicit business for its operations. Please disregard these emails. Only emails ending in @penske.com are considered legitimate messages from Penske Logistics.

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Penske Logistics is utilizing machine learning technology to further automate the process for customer goods that are being handled at a distribution center. Penske is the first Blue Yonder customer to employ their innovative Yard Management solution.

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A new year can bring several unknowns, especially in transportation and logistics, which are navigating increased volatility and operational pressures. To help those within the industry prepare for the year ahead, we sat down with several industry experts to get their thoughts on capacity, operations, sustainability and how to prepare for 2024.

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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.

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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.

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Penske Truck Leasing has earned placement on the VIQTORY 2024 Top Military-Friendly Employers list, in the over $5 billion category. VIQTORY is a service-disabled, veteran-owned small business that produces publications like Military Spouse and G.I. Jobs magazines.

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Penske Logistics professional truck driver Tom Warters is one of 36 finalists for the American Trucking Associations (ATA) America’s Road Team. PJ Singh is nearing completion of his two-year team representing Penske. America’s Road Team, a group of professional truck drivers with superior safety records, was created in 1986 to represent the trucking industry.

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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.

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Volatility in supply chains remains, but an overall softening of freight has created opportunities for shippers to realign and reshuffle allocations of business as they focus on resilience, cost management and strong relationships.

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Relationships and collaboration are essential to the success of end-to-end supply chains and remain at the center of today’s supply chains. Shippers and third-party logistics companies are forming strategic partnerships and working together to improve decision-making, manage costs and increase agility.

Overall, those relationships are working. The 2024 Third-Party Logistics Study found that 95% of shipper respondents agreed that their relationships are successful and 99% of 3PL respondents agreed that their relationships are successful.

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Penske Logistics will once again take part in the upcoming Council of Supply Chain Management Professionals (CSCMP) EDGE conference. Penske will be an exhibitor, topflight sponsor, and feature several experts during the conference educational sessions.

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The U.S. Environmental Protection Agency (EPA) SmartWay program has named Penske Logistics a 2023 High Performer among mixed truck carriers in the carbon recognition category. Less than 10% of eligible fleets qualify for this designation.

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Penske Logistics is a 2023 Quest for Quality Award recipient, in the Third-Party Logistics Provider (3PL) Value-Add category. Logistics Management magazine published that Penske was the leader in two areas of the Value-Add category: Order fulfillment and logistics information systems.

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Global volatility has continued to disrupt supply chains, and flexibility, efficiency and resilience are vital for companies throughout the logistics sector. Third-party logistics providers have played increasingly significant roles with shippers, providing data management, visibility and analytics that are helping to transform supply chain networks.

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Penske Logistics 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.

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With a month until the official start of the Atlantic hurricane season, now is the time to get ready for potential storms, as preparation is key to keeping you and your property safe.

National Hurricane Preparedness Week, April 30 – May 6, provides an opportunity to review your safety plans and make any changes long before a storm arrives.

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The 2024 Third-Party Logistics Study survey is now live and is seeking input from supply chain professionals. Please click here to take part. It will close on June 30.

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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.

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The supply chain continues to deal with ongoing disruptions, which have become increasingly numerous, larger in scale and more simultaneous. While technology plays a critical role in keeping products moving, 3PLs and shippers can’t overlook the value of getting back to basics and focusing on core supply chain principles that have proven successful time and time again.

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