Penske Truck Leasing Co., L.P., headquartered in Reading, PA, is a joint venture among Penske Corporation, Penske Automotive Group and General Electric. A global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management, and supply chain management solutions. Penske Truck Leasing’s annual revenue is approximately U.S. $4.1 billion. The company employs approximately 20,000 associates worldwide. Penske Truck Leasing was founded by Roger Penske in 1969 .
Penske acquired The Hertz Corporation’s Truck Rental division to form Hertz/Penske Truck Rental in 1985. In 1992, "Hertz" was dropped from the name and became Penske Truck Rental.
U-Haul International, Inc. is a North American equipment rental company, based in Phoenix, Arizona, that has been in operation since 1945. The company was founded by Leonard Shoen (L. S. "Sam" Shoen) in Ridgefield, Washington, who began it in the garage owned by his wife’s family, and expanded through franchising with gas stations.
From Wikipedia, the free encyclopedia : Renting and leasing of trucks, buses, caravans and trailers |