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Issue #583 | Forest Products

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Forest Products

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2014 Media Kit
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Penske Truck leasing completes acquisition of Bright Truck Leasing

By: | at 07:00 PM | Channel(s): Intermodal  

Penske Truck Leasing Co., L.P., announced it has completed the acquisition of Texas-based Bright Truck Leasing & Bright Distribution, a privately owned full-service truck leasing, truck maintenance, commercial truck rental and logistics services provider.

The acquisition adds approximately 3,400 tractors, trucks and trailers to Penske’s existing fleet.’ Penske is now integrating Bright’s facilities, staff, vehicles, and processes into its existing network. Challenger Capital Group, Ltd. acted as financial advisors to the selling parties.