Penske Logistics Joins Sponsors of 2014 Third-Party Logistics Study

     Penske Logistics Joins Sponsors of 2014 Third-Party Logistics Study

PR Newswire

READING, Pa., April 29, 2013

READING, Pa., April 29, 2013 /PRNewswire/ --Penske Logistics announced it
will join Capgemini Consulting, Penn State's Center for Supply Chain Research,
Korn/Ferry International, and eyefortransport in sponsoring the 2014 edition
of the Annual Third-Party Logistics Study.

(Logo: http://photos.prnewswire.com/prnh/20130201/MM53144LOGO)

"Considering the study's ambitious objectives we are excited to have Penske
Logistics as the newest member of our study team," said Penn State's Dr. C.
John Langley. "On behalf of the entire study team we welcome Penske Logistics
and we look forward to working with them."

Dr. C. John Langley of Penn State University initiated this study
approximately 18 years ago to capture the evolution of the third-party
logistics providers as they worked to transition from vendors of individual
services to logistics partners offering integrated services and building
meaningful, collaborative relationships with their customers. The Annual 3PL
Study has become a widely anticipated, heavily referenced index regarding the
state of the 3PL industry.

"We're pleased to be working with Dr. Langley and the other sponsors to
further advance thought leadership in our industry," said Penske Logistics
President Marc Althen. "We are committed to providing our customers with the
latest supply chain and logistics thinking, processes and technologies."

In addition to expanding to become a year-round process, the study's evolution
includes steadily expanding global reach, increased accessibility, expansion
to include perspectives from both shippers and 3PLs, and the addition of
supporting sponsors. The study now includes four streams of research: surveys,
desk research, focus interviews and intensive, one-day facilitated shipper
workshops. The first workshop takes place May 7 in Chicago. Additional
workshops are scheduled for May 14 in Amsterdam and June 4 in Shanghai.

The results of this year's study will be released during the Council of Supply
Chain Management Professional's Global Conference in Denver, Colo. October
20-23. To learn more about the Third-Party Logistics Study please visit:
http://www.3plstudy.com/

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. Connect with Penske Logistics on social
media: Move Ahead Blog, Facebook, Twitter, LinkedIn, Google+ and YouTube.

SOURCE Penske Logistics

Website: http://www.PenskeLogistics.com
Contact: Alen Beljin, 610-775-6364, alen.beljin@penske.com, or Sabrina
Michaeli, 212-601-8163, Sabrina.Michaeli@porternovelli.com
 
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