Penske Truck Leasing To Acquire Young NationaLease

November 17, 1998

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Nov. 18 – One of the nation's largest providers of transportation services has agreed to purchase Young NationaLease Inc. of Canton, Ohio. The purchase is subject to due diligence.

Penske Truck Leasing officials say the move will add to the company’s already substantial Midwest operations.
“We believe Penske will continue to provide our customers with the same high level of service which they expect and receive now from Young NationaLease,” says Craig Young, vice president of Young NationaLease.
Penske Truck Leasing already operates more than 115,000 heavy, medium and light duty trucks in North America from approximately 400 locations.

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