Penske Earns PepsiCo Operational Excellence Award

READING, Pa., March 23, 2012– PepsiCo Worldwide Flavours has honored Penske Logistics with its 2011 Operational Excellence Award for transportation management services.

"Penske Logistics is a critical business partner of PepsiCo Worldwide Flavours North America and we’re delighted to honor its exceptional work with this award," said Laszlo Molnar, Senior Director, Supply Chain, PepsiCo Worldwide Flavours. "Penske has always distinguished itself as an organization dedicated to focus, passion and excellence, with both leadership and frontline expertise."

Utilizing its best-in-class route management techniques and technologies, Penske Logistics manages the inbound supply chain for PepsiCo’s four distribution centers in the U.S. and Canada that handle carbonated beverages, as well as a manufacturing plant in Arlington, Texas. Penske Logistics works to ensure the raw materials for carbonated beverage production reaches PepsiCo’s plants on-time, while monitoring supply pick-up, transit and timely deliveries.

"We are very pleased to receive this award from our long-time customer PepsiCo," said Dennis Abruzzi, Senior Vice President Operations, East Region for Penske Logistics. "Our teams collaborate very closely to ensure PepsiCo’s supply chain transportation network, in the U.S. and Canada, operate at peak performance."

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, and international freight forwarding and carrier management. To learn more visit www.PenskeLogistics.com and our "Move Ahead" blog.