Penske Logistics Honored by Ford as a Top-Performing Global Supplier

READING, Pa. - June 28, 2017 — Penske Logistics recently received its fifth World Excellence Award from Ford Motor Company. Ford honored 54 companies, narrowed down from thousands of suppliers, to be recognized at the 19th annual Ford World Excellence Awards at the Henry Ford Museum. Penske Logistics was recognized in the Aligned Business Framework (ABF) category for delivering on a variety of performance requirements including premier operational performance, exemplary transparency, responsiveness and sustainability leadership.

"We could not be more appreciative of Ford's continued confidence in our work," said Marc Althen, president of Penske Logistics. "Across the globe, our employees work hard to meet our customers' needs and this award is evidence of their dedication to meeting and exceeding customer expectations."

"The Ford World Excellence Awards recognize our outstanding suppliers around the world," said Hau Thai-Tang, Ford group vice president, global purchasing. “These suppliers deliver excellence at every level, and are key to Ford's success as we transform to an auto and mobility company."

For more than 20 years, Penske Logistics has provided a wide range of supply chain services to Ford Motor Company. These services include lead logistics provider services in North America, South America, Europe, Thailand and India. In addition, Penske Logistics provides dedicated transportation and cross-docking operations to support Ford's North American inbound operations.

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 leading companies around the world. Penske Logistics delivers value through its design, planning and execution in transportation, warehousing and freight management. To learn more visit www.penskelogistics.com.