Penske offers unlimited mileage options for one-way moves. The company also garnered industry recognition for its prominence in Gartners Magic Quadrant supply chain ranking as a visionary. This site does not include all companies or products available within the market. Penske Automotive Group, Inc is an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems, and related . The collaboration combines Penske Truck Leasing's fleet operations expertise with the local market knowledge of Penske Commercial Vehicles. Penske Automotive Group, Inc., (NYSE: PAG) is a diversified international transportation services company and one of the worlds premier automotive and commercial truck retailers. Roger Penske founded our company Dec. 1, 1969, after purchasing a car and light-truck rental and leasing business serving eastern Pennsylvania, with just three locations. Penske Truck Leasing History: Founding, Timeline, and Milestones - Zippia Penske Truck Leasing is a partnership of Penske Corporation, Penske Automotive Group and Mitsui & Co., Ltd. A leading global transportation services provider, Penske operates more than 418,000 vehicles and serves customers from nearly 1,430 locations. As an essential provider of transportation services and supply chain solutions, Penske's rental, leasing and logistics businesses played critical roles in responding to the challenges brought about by the pandemic and the ripple effects impacting supply chains. By 1981, the company had grown to 33 facilities staffed by 420 employees and generating annual sales of more than $40 million. Penske Corporation manages businesses with consolidated revenues of more than $39 billion, operating in over 3,200 locations and employing more than 70,000 people worldwide. Additionally, PAG owns 28.9% of Penske Transportation Solutions, a business that manages a fleet of over 350,000 vehicles providing innovative transportation, supply chain and technology solutions to North American fleets. This prestigious award is the nation's highest civilian honor, which may be awarded by the President of the United States to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors.