We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • ::COVID-19 COVERAGE::
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC.
    • Podcast
    • Blogs
      • Analytics & Big Data
      • Best Practices
      • Dispatches
      • Empowering Your Performance Edge
      • Logistics Problem Solving
      • One-Off Sound Off
      • Public Sector Logistics
      • Two Sides of the Logistics Coin
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • MODEX 2020
    • Upload Your Video
Home » Penske Logistics acquires Black Horse Carriers

Penske Logistics acquires Black Horse Carriers

3PL gains 2,000-vehicle trucking fleet, cites “synergies” in customer service, technology.

black horse carriers
November 30, 2020
DC Velocity Staff
No Comments

Third-party logistics provider Penske Logistics is bulking up the transportation portion of its supply chain management practice by acquiring Black Horse Carriers Inc., a privately held trucking company that serves the food and grocery, retail, bakery, dairy, consumer packaged goods (CPG), manufacturing, and automotive industries.

Terms of the deal were not disclosed, but Penske said the transaction is expected to close on December 31, pending certain regulatory approvals and other closing conditions.

Reading, Pennsylvania-based Penske Logistics, which is a unit of Penske Transportation Solutions, offers a range of design, planning, and execution services in transportation, warehousing, and freight management.

The two companies have partnered on various projects over the years, such as their move in August when Black Horse joined Penske Truck Leasing’s electric vehicle program, launching a battery electric Freightliner eCascadia into the Black Horse Carriers regular operation. The dedicated fleet services company uses the Penske maintained EV truck throughout Southern California to deliver product to 78 stores for a major grocery chain.

“The Penske organization has had a longstanding and valued relationship with Black Horse Carriers for many years,” Marc Althen, president of Penske Logistics, said in a release. “This acquisition will be complementary to our existing portfolio of customers and industries within our dedicated contract carriage business.”

By combining the two companies, both organizations will gain “synergies” that could benefit their customers through improved service levels and technology, Black Horse CEO Ken Landego said in a release. Carol Stream, Illinois-based Black Horse is a 95-year-old firm that employs more than 4,000 people, operates a trucking fleet of more than 2,000 vehicles, and services customers from more than 90 terminals across the U.S.

.@PenskeLogistics to Acquire Black Horse Carriers, Inc. https://t.co/iSggf8H0Rt #breaking #acquisitions #trucking #logistics #supplychain #penske pic.twitter.com/IKaMpqXLY6

— Penske Transportation Solutions (@PenskeNews) November 30, 2020
Trucking Transportation 3PL Warehousing 3PL
KEYWORDS Black Horse Carriers Penske Logistics
  • Related Articles

    Marc Althen of Penske Logistics

    Penske Logistics opens Michigan DC dedicated to The Kroger Co.

    Penske Logistics to build DC in Romulus, Mich.

Recent Articles by DC Velocity Staff

ATA cheers court ruling upholding looser hours of service caps

Carry (or at least measure) that weight

December cargo volume up in Houston, Oakland

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Cold chain giant Lineage Logistics buys its own rail operator

  • For container lines and ports, what a difference a year makes

  • Outlook 2021: What’s in store for logistics supply chain?

  • Capacity challenges will continue in 2021

  • Shippers brace for tight capacity trend to continue in 2021

Now Playing on DCV-TV

Jlt procure rugged devices thumb

What it takes to procure the right rugged devices for your warehouse

DCV-TV 4: Viewer Contributed
Procuring new rugged devices for your warehouse is often a big decision and a significant investment. It needs careful planning and consideration. It involves more than ticking boxes on a spec sheet. It includes testing and getting employee buy in. And it's about finding a partner that can work with you to deploy...

FEATURED WHITE PAPERS

  • Proven Benefits: A Compendium of Slotting Optimization Success Snapshots

  • Bridging Information Gaps in Dock and Yard Operations

  • How Intelligent Sensor Solutions Turn Data Into Action

  • Order picking Solutions: Understanding Your Options

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2021. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing