Penske Truck Leasing
Get verified emails for Penske Truck Leasing employeesAbout Penske Truck Leasing
Penske Truck Leasing is headquartered in Reading, Pennsylvania, and was founded in 1969. Short and clear. It is part of Penske Transportation Solutions and operates as a partnership of Penske Corporation, Penske Automotive Group, and Mitsui & Co., Ltd.
Full-service truck leasing, fleet maintenance, truck rentals, and used trucks are part of what the company provides, along with technologies designed to support transportation operations, and Penske operates and maintains nearly 400,000 vehicles. That is the core of the business.
Across North America, Penske serves customers through about 1,000 maintenance facilities and more than 1,900 truck rental locations. The company employs more than 10,001 people.
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Insights
Updated 31 Aug 2026Penske Truck Leasing is under competitive and operational scrutiny from regulators, not a clear growth story in the source provided. The company agreed to pay $7.66 million to settle claims that it violated California hazardous waste and storage tank laws. That settlement points to compliance risk as a material business issue.
There is no evidence here of a broader strategic shift, a hiring push, an earnings trend, or any financing activity. Just one verified signal stands out. The legal settlement keeps the near-term narrative focused on environmental compliance and risk management, rather than expansion or product strategy.
For B2B buyers and partners, an enforcement action like this can affect trust, procurement diligence, and supplier-risk assessments. The source does not include consumer sentiment, investor reaction, or an operational response from the company, so those signals cannot be confirmed here.
Frequently asked questions
Penske Truck Leasing is headquartered in Reading, Pennsylvania, United States.
Penske Truck Leasing has 10001+ employees according to its company profile.
Penske Truck Leasing operates in the Transportation/Trucking/Railroad sector. Public valuation figures are not always disclosed for private companies.