Penske Logistics announced it earned Eastman Chemical Company's Supplier Excellence Award. The Eastman Supplier Excellence Program was created to introduce a continuous improvement process to ensure that high quality and efficient services are supplied to Eastman.

There are three levels of awards: Excellence, Improvement and Innovation. The Excellence Award process requires that the supplier be a strategic service provider to Eastman; meet or exceed the minimum overall performance expectations and undergo an Eastman management review.

Penske Logistics currently provides Eastman Chemical with supply chain optimization solutions including dedicated contract carriage and inbound freight management.

'We are honored by this recognition from Eastman,' said Vince Hartnett, President of Penske Logistics. 'Last year, our transportation network linking Kingsport, Tenn., Columbia, SC and Savannah, GA. delivered an on-time drayage move performance of 99.9%. We also had zero driver turnover and a solid safety performance record.'

'During its first year as a supplier, Penske Logistics has exceeded the demanding expectations Eastman must maintain to remain an industry leader,' said Terry Begley, Eastman Chemical Vice President, Global Supply Chain and Quality. 'A record of excellent service and quality performance, coupled with a high degree of professionalism prevalent among its employees, led to the recognition of Penske with Eastman's Supplier Excellence Award.'