Equipment

Penske to Operate Safety Firm's Chinese Supply Chain

June 12, 2007

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Penske Logistics has secured a multiyear logistics contract with Key Safety Systems Inc. (KSS), a global manufacturer of safety-critical components and systems, including airbags, seatbelts and steering wheels. Penske will drive
KSS' logistics efficiencies within its growing presence in the Chinese marketplace.
"Our decision to outsource to Penske was driven by the increasing complexity in coordinating shipments from numerous suppliers in the Asia-Pacific region," said Steve DuBuc, senior vice president of global purchasing for Key Safety Systems Inc. "We chose Penske because of its expertise in international freight movement, automotive industry leadership and its growing presence in China."
Under the agreement, Penske will provide KSS with a customized logistics solution that includes supplier compliance, logistics management, logistics sourcing and administration, and shipment consolidation management. In addition, Penske will use its technology systems to provide KSS with improved visibility into freight moving from Asia to numerous automotive manufacturing locations throughout the United States. Shipments will be handled via air, sea and road.

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