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Last updated on May 26, 2012 at 11:48 EDT

Penske Truck Leasing Teams Up with PeopleNet

December 3, 2008
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READING, Pa., Dec. 3 /PRNewswire/ — Today, Penske Truck Leasing announced
it has teamed with PeopleNet for onboard commercial truck technology
solutions. The move marks a shift in Penske’s Fleet I.Q. strategy from
offering a single private-labeled product to a suite of products and services.

“We are very pleased to be working with PeopleNet,” said Jim Feenstra,
Senior Vice President, Marketing – Penske Truck Leasing. “We selected them
based on their ability and commitment to offer our customers a high-level of
customer service as well as a quality product with robust functionality.”

“We’re excited to work with Penske to offer their customers excellent
integrated onboard computing and mobile communications systems,” said Ron
Konezny
, chief executive officer for PeopleNet. “Our alliance with Penske is
a natural fit. We both are customer-oriented companies. Together, we offer
fleet managers an effective way to reduce operating costs and improve fleet
productivity.”

Penske’s move to begin working with PeopleNet is part of its wider
technology and decision support strategy to support its customer’s fleet
productivity needs. Fleet I.Q. will become a portfolio of services and
solutions at various price points that will include onboard technology
solutions from a variety of high-caliber, value-added suppliers, like
PeopleNet. Penske will also provide a new financing option and in-house
consulting to help its customers analyze and get the most from the data
captured by these on-board fleet technology systems.

“Over the last several years, we offered customers one Fleet I.Q. product
through one vendor,” said Feenstra. “At the time this was right because of the
various vendor business models and our customers weren’t yet comfortable with
these systems. However, today the market is maturing. Companies are looking to
optimize fleet productivity and reduce transportation costs. Also, through our
experience we understand that one size doesn’t fit all and different customers
need different solutions. That’s why Fleet I.Q. is becoming a broader offering
of solutions with more choices, price points and functionality but based on
the foundation of solid and indisputable customer service. This is why we
chose a partner like PeopleNet.”

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint
venture among Penske Corporation, Penske Automotive Group and General
Electric. A leading 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, transportation and warehousing management, and supply chain
management solutions. Visit http://www.GoPenske.com to learn more about the
company and its products and services.

PeopleNet, based in suburban Minneapolis, is North America’s leading
provider of Internet-based and integrated onboard computing and mobile
communications systems. Its transportation products are used by top truckload,
LTL, private, and service fleets in the U.S. and Canada. PeopleNet was the
first major technology provider to offer Internet-based communications to the
transportation industry 14 years ago and now serves more than 1,500 customers,
including several Fortune 500 companies. PeopleNet is on the web at
http://www.peoplenetonline.com.

SOURCE Penske Truck Leasing


Source: newswire