Penske Logistics

Business, Logistics, Top 100

Penske Logistics to Buy Epes Transport

Penske Logistics trailer (TT file photo)

Penske Logistics will acquire Epes Transport System, a Greensboro, N.C., dry-van truckload and dedicated contract carriage provider, with more than 1,100 drivers. Terms were not disclosed.

Burney Simpson | Staff Reporter
June 20, 2018
Business, Logistics

Kroger Switches to Penske to Handle Trucking, Warehousing in Texas

Penske Logistics tractor TT File Photo

Nearly 700 employees who work in a Kroger warehouse in Keller, Texas, were laid off when the supermarket chain terminated a relationship with SouthStar and signed with Penske Logistics, but Penske said individuals affected will be able to reapply for job

Transport Topics
December 4, 2017
Business

Penske Automotive Group Raises Quarterly Dividend

Penske Automotive Group Inc. announced an increase in its cash dividend to 33 cents per share for the third quarter.

Transport Topics
October 16, 2017
Business, Equipment

GE Sells Final Stake in Penske Truck Leasing to Former Partners

General Electric sold its remaining 15.5% equity stake in Penske Truck Leasing Co. to former partners Penske Automotive Group Inc. and MBK USA Commercial Vehicles Inc., a subsidiary of Mitsui & Co. for about $674 million.

Transport Topics
September 11, 2017
Business

Penske Logistics Expands Role With Detroit Diesel

Penske Logistics expands role with Detroit Diesel Penske Logistics

Penske Logistics won new business with Detroit Diesel Corp. to support supply chain operations at DD's engine, transmission and axle facility in Redford, Mich.

Transport Topics
July 10, 2017
Business, Logistics

US Appeals Court Upholds Calif. Meal Break Law in Penske Case

A U.S. appellate court last week upheld a California law requiring employers to provide a paid 30-minute meal break for employees working more than five hours, reversing a lower court that had ruled a federal law pre-empted the state requirement for truckers.

July 14, 2014