Penske Logistics is a wholly owned subsidiary of Penske Truck Leasing, which was founded in 1969. The company is one of the world's leading providers of logistics, transportation and distribution services. It is consistently ranked among the top 10 logistics providers. Global corporations such as Ford, General Motors, Pepsi and Whirlpool have teamed with Penske to reduce supply chain costs, increase market share and improve profitability. Its global network consists of a dedicated fleet of 4,000 vehicles, 15 million square feet of warehousing and cross docking space and 400 logistics centers throughout North America, South America, Europe and Asia. Penske Logistics offers a full spectrum of transportation, warehousing, inbound and outbound and supply chain management solutions. Penske Logistics is located in Kansas City, Mo.