Penske Truck Leasing

Old Dominion leasing acquired by Penske

Penske Truck Leasing announced it has entered into an agreement to acquire Richmond, Va.-based Old Dominion Truck Leasing. Financial terms were not disclosed.

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Penske opens new facility in Lafayette, La.

The new facility offers three service bays, a wash bay and a diesel fuel island.

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Full-service leasing on the rise?

Combine rapidly developing and complicated truck technology with new-equipment cost pressures and the Millennial generation’s rising presence in trucking, and some watchers see full-service leasing being increasingly attractive to small fleets.

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Hitting the road

Feedback on the latest heavy-duty power plants shows some positive signs as new technology tackles 2010 emissions standards.

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