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Penske Logistics had 2018 revenues of $2.3 billion and is ranked among the top 20 for-hire trucking companies by industry publication Transport Topics. [5] This subsidiary is also headquartered in Reading, Pennsylvania. Marc Althen is the president of Penske Logistics. [6]
Roger Penske is the founder and chairman of the privately held company, and Rob Kurnick is the president. Penske operates in the automotive retail, truck leasing, transportation, logistics, and motorsports industries. Penske operates in over 3,200 locations and employs more than 70,000 people globally. [2]
Roger Searle Penske (born February 20, 1937) is an American auto racing team owner, businessman, and former professional driver. Penske is the owner of Team Penske , the Indianapolis Motor Speedway , IndyCar , and other auto racing-related businesses.
Penske Automotive was founded as United Automotive Group in 1990 by Marshall S. Cogan [2] and later came under the control of Penske Corporation and Roger Penske in May 1999. Several years later, on July 2, 2007, United Automotive Group changed its corporate name to Penske Automotive Group, Inc; and changed its ticker symbol on the NYSE to PAG. [3]
Reading (/ ˈ r ɛ d ɪ ŋ / RED-ing; Pennsylvania German: Reddin) is a city in and the county seat of Berks County, Pennsylvania, United States.The city had a population of 95,112 at the 2020 census and is the fourth-most populous city in Pennsylvania after Philadelphia, Pittsburgh, and Allentown.
Wall Street drifted through mixed trading Thursday as rising fashion and cigarette stocks worked against drops for Ford Motor and Qualcomm. The S&P 500 rose 0.4% following healthy gains for stock ...