Penske Truck Leasing (PTL) is a global player in commercial truck leasing. The company operates about 205,000 vehicles from more than 1,000 locations in the Americas, Europe, and Asia. The company offers full-service leasing, contract maintenance, and commercial and consumer truck rental. Penske Logistics provides global transportation management, distribution and warehouse management, and integrated fleet logistics. Many of the PTL facilities deliver a full slate of product and service contracts for commercial, consumer, and government customers. PTL is a joint venture between General Electric and race-car legend Roger Penske's Penske Corporation and Penske Automotive Group.