Penske Truck Leasing overview

Penske Truck Leasing Co., L.P. is a joint venture of Penske Corporation, Penske Automotive Group, and Mitsui & Co. Headquartered in Reading, Pennsylvania, the company was founded by Team Penske owner Roger Penske on December 1, 1969.
Penske Truck Leasing has been around for a long time. It was founded back in 1969. This established company loves to hire graduates from Universal Technical Institute, with 23.0% of its employees having attended Universal Technical Institute. Penske Truck Leasing is a great place to work and is featured as number 1 on Zippia's list of Best Companies to Work for in Reading, PA. The average employee at Penske Truck Leasing makes $47,003 per year. In comparison, some of its highest paying competitors, like Ryan Companies US, J.B. Hunt Transport Services, and Flight Options, pay $61,268, $55,935, and $51,583, respectively.
Based in Pennsylvania, Penske Truck Leasing is an industry leader with 36,000 employees and an annual revenue of $8.4B.

Industry

Real Estate

Revenue

$8.4B

Employees

36,000

Founded in

1969

Headquarters

Reading, PA

Website

pensketruckleasing.com

Organization Type

Private

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The team at Penske Truck Leasing

Key People
  • Brian Hard (ceo)
  • Ron Tubo (Manager)

The Culture At Penske Truck Leasing

Information provided by the company
Our teams have been working with some of the latest technologies to deliver innovative logistics solutions to our customers. We have opportunities available in Reading, Pennsylvania at our Corporate office or in our new IT Development and Collaboration Center in Tampa, Florida._
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Our teams have been working with some of the latest technologies to deliver innovative logistics solutions to our customers.
Are you an energetic and team-oriented leader focused on commitment to customers, dedication to excellence and innovation
We are expanding our sales team and looking to find passionate, highly motivated, sales-minded individuals to help us grow our business!
More importantly, it offers fast-track growth opportunities for successful individuals.

Penske Truck Leasing Reviews

Zippia Official Logo

4.0

Zippia UserMay 2020

4.0

Zippia Official LogoZippia UserMay 2020

What Do You Like About Working There?

The work at Penske is challenging, rewarding and engaging. I liked being able to work with customers to find what best suited their needs. I enjoyed developing relationships with customers and my coworkers which allowed me to learn about my surroundings. Show More

What DON'T You Like About Working There?

The work-life balance at Penske skews heavily towards work with many individuals working 70+ hours a week. As with all retail jobs, some days are worse than others for a wide variety of reasons. Show More

What Are Your Favorite Benefits/Perks?

As I did not take any insurance from Penske, my favorite benefit is the PTO provided. Show More
Zippia Official Logo

4.0

Zippia UserApril 2020

4.0

Zippia Official LogoZippia UserApril 2020

What Do You Like About Working There?

Coworkers are great, and it was a great learning environment. Show More

What DON'T You Like About Working There?

Had to move to another state when promoted. Show More

What Are Your Favorite Benefits/Perks?

Matched 401k up to 5% Show More
Zippia Official Logo

5.0

Zippia UserAugust 2019

5.0

Zippia Official LogoZippia UserAugust 2019

What Do You Like About Working There?

The responsibilities to supporting an entire company with your independence Show More

What DON'T You Like About Working There?

no room for growth within the company Show More
Zippia Official Logo

2.0

Zippia UserJuly 2019

2.0

Zippia Official LogoZippia UserJuly 2019

What Do You Like About Working There?

Ability to use my creativity Show More

What DON'T You Like About Working There?

No time to use my creativity regularly, 60+ hour work weeks, a do more with less culture and old world thinking Show More

What Are Your Favorite Benefits/Perks?

None, you can't even rent a truck for free, unless you are VP and above you don't really get any. Show More
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Penske Truck Leasing Rankings

Penske Truck Leasing is ranked #38 on the Best Real Estate Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Penske Truck Leasing Salaries

How much does Penske Truck Leasing pay?
The national average salary for a Penske Truck Leasing employee in the United States is $47,003 per year. Employees in the top 10 percent can make over $81,000 per year, while employees at the bottom 10 percent earn less than $26,000 per year.
8.2
Salary Score
Average Employee Earnings

Penske Truck Leasing Salaries By Job Title

While Penske Truck Leasing employees earn an average yearly salary of $47,003, different roles can command different wages. Some of the job titles with high salaries at Penske Truck Leasing are Android Developer, Senior Logistic Engineer, Rental Representative, and Maintenance Supervisor. A typical Android Developer salary at Penske Truck Leasing is $87,294 per year. Other roles at Penske Truck Leasing include Cashier and Picker And Packer. A Cashier at Penske Truck Leasing earns an average yearly salary of $21,777.

Penske Truck Leasing careers

On average, employees at Penske Truck Leasing stay with the company for 3.0 years. Employees most commonly join Penske Truck Leasing after leaving Ryder System. When they leave Penske Truck Leasing, they most frequently get their next job at Ryder System.

Average Length of Employment
Ryder System3.1 years

Penske Truck Leasing

3.0 years
Top Employers Before Penske Truck Leasing
US Army12.1 %
Walmart9.8 %
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Top Employers After Penske Truck Leasing
Walmart8.6 %
FedEx7.1 %
Show More
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Penske Truck Leasing Employment Videos

Penske Truck Leasing Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1969

Organization type

Private

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Penske Truck Leasing Subsidiaries

Subsidiaries to Penske Truck Leasing include Epes Transport System, Piedmont Express, and Transfreight. Employees at the parent company, Penske Truck Leasing, earn $47,003. In comparison, the salaries at Epes Transport System, Piedmont Express, and Transfreight are $48,874, $44,828, and $44,635.

Penske Truck Leasing Competitors

Competitors of Penske Truck Leasing include Ryan Companies US, J.B. Hunt Transport Services, and Flight Options. The average salaries at Ryan Companies US rank the highest, with their employees earning an average salary of $61,268 per year. The salaries at J.B. Hunt Transport Services average $55,935 per year, and the salaries at Flight Options come in at $51,583 per year.
Company
Average Salary
MOUNTAIN VALLEY PROPERTIES
MOUNTAIN VALLEY PROPERTIES
$48,692
$49k
WorldClass
WorldClass
$48,526
$49k
$46,041
$46k
$42,896
$43k

Frequently Asked Questions about Penske Truck Leasing

When was Penske Truck Leasing founded?

Penske Truck Leasing was founded in 1969.

How many Employees does Penske Truck Leasing have?

Penske Truck Leasing has 36,000 employees.

How much money does Penske Truck Leasing make?

Penske Truck Leasing generates $8.4B in revenue.

What industry is Penske Truck Leasing in?

Penske Truck Leasing is in the real estate industry.

What type of company is Penske Truck Leasing?

Penske Truck Leasing is a private company.

Who are Penske Truck Leasing's competitors?

Penske Truck Leasing competitors include Ryder System, J.B. Hunt Transport Services, United Parcel Service, WorldClass, CSS, Rush Truck Leasing, Nesco, Carlisle, MOUNTAIN VALLEY PROPERTIES, Trillium, Windsor Companies, Flight Options, Tiarna Real Estate Services, Navarre, Equity Residential, Americana, PIONEER IND INT HLDGS, Clearwater Paper, AVI Foodsystems, Ryan Companies US.

Who works at Penske Truck Leasing?

Brian Hard (ceo)

Ron Tubo (Manager)

Where is Penske Truck Leasing's headquarters?

Penske Truck Leasing's headquarters is in Reading, PA.

Are you an executive, HR leader, or brand manager at Penske Truck Leasing?

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You can find out what it is like to work at Penske Truck Leasing, also known as PENSKE TRUCK LEASING CO LP, Penske Truck Leasing, Penske Truck Leasing Co LP and Penske Truck Leasing Co., L.P..

Zippia gives an in-depth look into the details of Penske Truck Leasing, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Penske Truck Leasing. The employee data is based on information from people who have self-reported their past or current employments at Penske Truck Leasing. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Penske Truck Leasing and its employees or that of Zippia.