PENSKE LOGISTICS

Roger Penske, Founder and Chairman of Penske Corporation, was recently inducted into The Automotive Hall of Fame along with automaker Elwood Haynes, former Ferrari Chairman Luca di Montezemolo, and industrialist Ratan N. Tata.

“To me, it’s a real honor (to be inducted),” Mr. Penske told Mike Brudenell from The Detroit Free Press. … “But, most of all, it’s about the people who have supported me — my family, my business partners and all my employees. I think that is the most important thing.”

Mr. Penske was inducted for his accomplishments in building a leading international transportation services organization that includes: Penske Automotive Group, Penske Truck Leasing, Penske Logistics, and Team Penske, one of the most successful automotive sports teams in history.

Story Credits:
Video: The Automotive Hall of Fame | Article: Penske Truck Leasing | Quote: Detroit Free Press

Penske Logistics recently announced it was awarded the contract to be the operational manager of the BMW of North America, LLC parts distribution center in Nazareth, Pa.

“We are pleased to further expand our existing relationship with BMW,” said Penske Logistics President Marc Althen. “We are collaborating closely to ensure a smooth transition of the operations and in welcoming the employees into our organization.”

Financial terms were not disclosed. Under the agreement, Penske Logistics will provide a trained labor force for the aftersales warehousing and fulfillment facility that currently supplies automotive parts, motorcycle parts, and lifestyle items for distribution to BMW Group dealerships in North America.

Penske Logistics will begin operational management of the 875,000 square foot facility starting July 1. Employment continuity will be offered to the employees at the facility. In addition, Penske has worked with both BMW NA and UAW Local 2326 leadership to reach a labor agreement for the unionized workforce at the site and a transition plan for the workers.

“We are very pleased to expand our current relationship with Penske Logistics” said Lawrence Demski, Department Head, BMW of North America Parts Logistics. “We are confident this global company will deliver world class performance at our largest parts distribution center in North America serving BMW, MINI, Rolls-Royce, and BMW Motorrad.”

Penske Logistics has been working with BMW since 2007 and currently provides a variety of solutions including transportation management and supply chain management for inbound manufacturing at BMW’s Spartanburg, South Carolina facility.

[Source: GoPenske.com]