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U.S. EPA SmartWay | EPA-420-F-12-079| www.epa.gov/smartway

Partner Profile:

Penske Truck Leasing 

and Rental

A Business Driven the SmartWay 

Company Profile

Penske Truck Leasing Co., L.P., 

headquartered in Reading, Pa., 

is a joint venture of Penske 

Corporation, Penske Automotive 

Group and General Electric 

Capital Corporation. A leading 

global transportation services 

provider, Penske Truck Leasing 

operates more than 200,000 

vehicles and serves customers 

from more than 1,000 locations 

all over the world. Product 

lines include full-service truck 

leasing, contract maintenance, 

commercial and consumer 

truck rentals, used truck sales, 

transportation and warehousing 

management and supply chain 

management solutions.

Point of Contact:

Andrew Cullen

Vice President

Energy & Telecommunication Services

Penske Truck Leasing

andrew.cullen@penske.com

SmartWay Partners have helped 

the freight sector reduce 23.6 

million metric tons of carbon 

dioxide (equivalent of removing 

3 million cars off the road); 

478,000 tons of nitrogen oxide, 

and 22,000 tons particulate 

matter, while saving 2.3 billion 

gallons of fuel (a savings of 6.5 

billion in fuel costs).

Company Message:

The goals of the SmartWay Transport Partnership to reduce transportationrelated emissions by improving supply chain fuel efficiency are part of 

Penske’s DNA. Penske Truck Leasing and Rental is committed to assisting our 

customers in setting and achieving their SmartWay goals, ultimately helping 

them improve fleet efficiency, reduce fuel consumption and emissions, and in 

turn, reduce costs.

Why Penske Truck Leasing Co joined 

SmartWay 

Penske Truck Leasing and Rental believes in the power of partnership. The 

company provides fleet management expertise to their customers. That belief 

in partnerships and their commitment to the environment impacted their 

decision to join SmartWay as an Affiliate partner. 

SmartWay Focus

As an Affiliate Partner in SmartWay, Penske Truck Leasing and Rental 

promote and provide SmartWay designated tractors and trailers for 

customers, providing only late-model trucks and tractors in their Rental 

Fleet and to the greatest extent possible, specify vehicles in the Rental Fleet 

with advanced aerodynamics, idle reduction and engine speed governing 

technology. Penske provides support and assistance to customers in meeting 

their SmartWay obligations such as ensuring appropriate specifications, 

maintaining vehicles to ensure optimum performance, and implementing 

fuel saving strategies and technologies. Penske also performs education 

on SmartWay through their Industry Insights webinar series and various 

speaking engagements, assists in the preparation of SmartWay tracking 

and assessment tools on behalf of their customers, and uses a proprietary 

application to marry engine performance metrics with vehicle specification 

data to identify opportunities for improvement. “Penske Truck Leasing was 

instrumental in helping us enter the SmartWay Partnership,” stated Benjamin 

J. Faino, Esq, General Counsel of Atlantic Central Logistics. “From completing 

and evaluating our fleet model to assisting us in identify fleet performance 

improvement opportunities, Penske understood our business requirements 
U.S. EPA SmartWay | EPA-420-F-12-0xx | www.epa.gov/smartway

Partner Profile:

Penske Truck Leasing 

and Rental

A Business Driven the SmartWay 

U.S. EPA SmartWay | EPA-420-F-12-079 | www.epa.gov/smartway 

and helped us craft our internal SmartWay strategy. With Penske supporting 

our SmartWay strategy, we can more effectively support our customers 

SmartWay strategy.”

Benefits and Results

Sustainability initiatives and practices are part of Penske’s DNA. As part of 

Penske’s commitment to their customers and SmartWay, Penske has over 

60,000 vehicles in their rental and leased fleet utilizing the latest emission 

control technology. According to Penske, this technology has improved fuel 

economy by over 5%, in turn reducing CO2 emissions by over half a million 

tons per year, equivalent to the emissions used to power 50,000 homes in 

the U.S. Additionally, NOx has been reduced by over 20,000 tons per year, and 

particulate matter emission has been reduced by over 80 tons per year. 

Looking Ahead

Penske Truck Leasing and Rental continues to support their customer’s 

efforts in achieving their SmartWay goals as part of their normal course of 

business. Additionally, Penske plans to improve customer awareness and 

involvement in the SmartWay Transport Partnership through continued 

speaking engagements, customer education events, marketing material, 

completing Fleet models, and helping customers with their fuel efficiency and 

emission reduction strategies. Penske will continue to perform modeling to 

show the impact of vehicle specification and performance on emissions, help 

customers benchmark against their competition, and articulate the benefits 

of being a SmartWay partner.