Penske Truck Leasing to Provide Truck Rental Program for OneRail
JUN 18, 2020 - 7:22 am
OneRail selected Penske Truck Leasing to launch a national truck rental account program for its logistics partners (LPs). The collaboration will reduce barriers to growth as the demand for final mile delivery capacity, caused by COVID-19, has skyrocketed.
“Due to stay-at-home orders, the industry has seen a dramatic increase in online orders, but nobody knows how long the lockdowns will last, causing uncertainties. That is why we have launched the national truck rental account program so our logistics partners may expand and contract with fluctuating demand in delivery capacity,” Matt Schultz, VP of logistics partnerships at OneRail, said.
The program is designed to reduce overhead costs for OneRail LPs by enabling a range of rental options, including panel vans, box trucks and freight trailers. LPs will benefit from OneRail’s preferred partner terms with Penske.
“As OneRail is growing, our logistics partners are growing with us,” Bill Catania, founder and CEO of OneRail, said. “We are excited and looking forward to our partnership with Penske to provide a value-added service to our logistics partners to help them grow further.”
According to OneRail, some retailers have seen more than a 700% increase in delivery fulfillment volume due to COVID-19 related lockdowns. This increase in demand prompted OneRail to launch an integration free service for retailers called QuickStart. The platform allows retailers to immediately find final mile delivery providers in order to support their multichannel delivery capabilities.
“We’re very pleased to provide OneRail’s logistics partners with a beneficial national truck rental account program,” Rick Slusser, vice president of rental at Penske, said. “Our extensive network of locations and wide selection of late-model, well-maintained and sanitized rental vehicles affords OneRail’s network with the vehicles they need, when and where they need them for final-mile delivery.”
OneRail is an Orlando, FL-based final mile delivery orchestration and fulfillment platform.
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