Penske Earns Warehousing Excellence Award from Whirlpool

READING, Pa., Oct. 1, 2013 — Penske Logistics recently earned Whirlpool Corporation's Finished Goods Warehousing Provider of the Year Award. Penske earned the award for its excellence in boosting year-over-year productivity, cost savings, safety improvements and other innovations to benefit the leading appliance manufacturer's supply chain network.

"Penske's investment in a collaborative relationship and continuous improvement culture continues to pay dividends for both Whirlpool and Penske," says Dan Iddings, Director of Whirlpool Corporation's North America distribution operations "All of our Penske-managed sites have achieved excellent performance while providing top level of customer service."

Penske Logistics currently manages and optimizes a combined network of 10 major warehousing and distribution centers for Whirlpool Corp. across the United States. These facilities encompass approximately 9 million square feet of warehousing space and accommodate more than 43 million units of finished goods annually.

"We are honored to receive this award from Whirlpool and we truly value their close collaboration," said Penske Logistics President Marc Althen. "I also congratulate and thank our many associates for their efforts in making these warehouse efficiency and productivity gains possible for our customer."

Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing. With operations in North America, South America, Europe and Asia, Penske Logistics provides supply chain management and logistics services to major industrial and consumer companies throughout the world. Penske Logistics delivers value through design, planning and execution in transportation, warehousing, and international freight forwarding and carrier management.

To learn more visit www.PenskeLogistics.com and our "Move Ahead" blog.