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Penske Truck Leasing Co., L.P. is a joint endeavor of Penske Corporation, Penske Automotive Group, and Mitsui and Co. Settled in Reading, Pennsylvania, the organization was established by Team Penske proprietor Roger Penske on December 1, 1969. The firm serves clients in North America, South America, Europe, Asia, and Australia; among its administrations are full-administration business truck renting, truck armada upkeep, truck rentals, and utilized truck deals. The organization presently employs more than 36,000 specialists worldwide and works and keeps up an armada of over 300,000 vehicles. Brian Hard is the president and CEO of the organization.

Of note, Penske Truck Leasing has been putting resources into and growing its armada of business electric trucks and adding electric truck charging stations framework to its areas. In September 2017, General Electric sold the remainder of its stake in Penske for $674 million. Penske and an auxiliary of Mitsui bought the 15.5% stake.

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