Penske Logistics Opens New Distribution Center in Mexico

Mexico City, Mexico, December 17, 2007 - Today, Penske Logistics announced the opening of a new intermodal and multi-client distribution center facility in San Luis Potosi, Mexico.

With just 33,000 square feet currently occupied, the expansive 100,000 square-foot, 14-door cross-dock facility has the capacity to serve multiple clients simultaneously and currently serves the needs of a leading U.S.-based automotive manufacturer. Located along a major rail line, the facility can deliver highly efficient truck-to-rail or rail-to-truck product shipments.

The new Penske Logistics facility, located at the Logistik Industrial Park, Ave. Eje @ #271, Villa de Reyes, San Luis Potosi, employs approximately 20 people.

Penske Logistics has extensive experience in supply chain management in Mexico, having established its presence there in 1996. Today, Penske employs approximately 400 associates at 10 locations and serves a variety of leading global manufacturers with lead logistics services, distribution center management, sequencing, and regional transportation management.

"We are very pleased to join the San Luis Potosi community," stated Alejandro Marines, Director General - Penske Logistics Mexico. "This new facility's central location will aid Penske's business growth in Mexico. We have already created 20 new jobs, and we anticipate hiring additional associates as we continue to add new business."

About Penske Logistics

Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing. With operations in North America, South America, Europe and Asia, Penske Logistics provides supply chain management and logistics services to major industrial and consumer companies throughout the world. Penske Logistics delivers value through design, planning and execution in transportation, warehousing, international forwarding and carrier management. Visit www.PenskeLogistics.com to learn more about the company and its services. To contact Penske Logistics Mexico about business opportunities please call +52-555-267-6551.