Penske Logistics Announcement

Penske Logistics Wins Warehousing and 3PL Supplier Award from Whirlpool Corp.

READING, Pa., Oct. 13, 2011 – For the second straight year, Penske Logistics was awarded with the 2010 Supplier of the Year Award for Warehousing and Third-Party Logistics services performed throughout North America, by Whirlpool Corporation.

Penske Logistics handles outbound distribution for all Whirlpool products in North America.  Penske also performs a variety of warehousing, sequencing, and inbound and outbound transportation management services across Whirlpool product lines in the U.S., Canada, Mexico, and Brazil.

Penske Logistics earned this award by collaborating with Whirlpool to help drive cost efficiencies, boosting labor productivity, improving inventory accuracy and enhancing freight handling methods to reduce damaged goods.

“We’re pleased to have earned this prestigious honor for a second straight year and we sincerely thank Whirlpool for this recognition and for its close collaboration,” stated Marc Althen, Penske Logistics President.  “Achieving this award would not have been possible without our associates. We congratulate them for their outstanding commitment to customer service and operational excellence.”

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

NY/NJ Forwarders and Brokers Association Association

NY/NJ Forwarders and Brokers Association Honors Juergen Pump of Hamburg Süd North America, Inc. As Person of the Year

Award dinner is January 26, 2011 at Marriott Marquis Hotel in NYC

NEW YORK (November 12, 2010) - Juergen Pump, Senior Vice President of Hamburg Süd North America, Inc. and a member of its Management Board, has been selected by the New York/New Jersey Foreign Freight Forwarders and Brokers Association, Inc. as the 2011 Person of the Year.

The award will be presented during the 94th annual dinner at the Marriott Marquis Hotel in New York on January 26, 2011. This award dinner is one of the largest international transportation functions in the United States, drawing nearly 800 guests.

"We are extremely pleased to award an international industry leader who has spent the vast majority of his career working in the metropolitan NY/NJ area. Mr. Pump has played a significant role to foster the growth on international ocean transportation in this region and is most deserving of the Person of the Year Award," said David Schlenger, President of the Association.

Mr. Pump oversees all marine and terminal operations, logistics, finance, accounting, EDP, and human resources responsibilities, in addition to his commercial management duties for the Pacific, Transatlantic, and South American services. Since joining Hamburg Süd, Mr. Pump has also been involved in several North American acquisitions.

Mr. Pump joined Hamburg Süd in 1995 and became responsible for the Australian/New Zealand services in 1997. Prior to joining the company, Mr. Pump held several executive positions for Hapag-Lloyd AG in Hamburg, Germany; New York, Atlanta, and San Francisco.

He earned a Shipping Merchant and Broker degree from Staatliche Handelsschule in Hamburg, Germany.

For reservations and inquiries about the award dinner, tickets, journal advertising and sponsorship opportunities visit www.nynjforwarders-brokers.org or call (732) 741-1936.

About New York/New Jersey Foreign Freight Forwarders and Brokers Association, Inc.

The New York/New Jersey Foreign Freight Forwarders & Brokers Association, Inc. is one of the oldest transportation related organizations in the United States today. Founded in 1917, the association provides information on issues and developments important to its members; serves as a voice for the freight forwarding, customs brokerage and OTI communities in policy and regulation decision-making; and protects and advocates the best interests of the group as a whole. For more information, visit http://www.nynjforwarders-brokers.org .