Subscribe to our free, weekly email newsletter!


Penske Logistics re-ups contract with Cardinal Health

By Jeff Berman, Group News Editor
June 14, 2012

Penske Logistics, a subsidiary of Penske Truck Leasing, recently stated that it inked an agreement with Cardinal Health to extend their existing dedicated carriage services contract.

Penske officials said financial terms were not disclosed.

In an interview with LM, Dennis Abruzzi, Senior Vice President, East Region for Penske Logistics, said that Penske Logistics entered into an outsourced DCC arrangement with Cardinal Health back in 2008. The agreement came up for renewal several months ago, he said, and under the agreement, Penske Logistics manages the drivers, vehicles, and freight deliveries for Cardinal’s medical supply chain business serving hospitals.

“Penske Logistics leverages its expertise in managing transportation, people, processes, and technologies to continuously optimize Cardinal Health’s supply chain performance,” explained Abruzzi. “This drives efficiencies and cost savings while also ensuring we provide the high-quality, time-critical delivery services hospitals require to ensure quality care for patients.”

Abruzzi declined to disclose the number of DCC contracts held by Penske, but he did say that DCC has been a core business at Penske Logistics for more than 40 years.

“Penske is a leader in the logistics space and has an impressive track record with a variety of high-touch, time-critical industries, including health care,” said Mike Duffy, Executive Vice President, Global Manufacturing and Supply Chain at Cardinal Health, in a statement. “They’ve been reliable in helping us to deliver consistent service, deploy best practices and continuously improve our customer experience, so we’re pleased to extend our longstanding partnership.”

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

As expected, global trade dipped from August to September but still saw annual gains, according to data issued this week by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

Transportation and logistics merger and acquisition (M&A) activity in the third quarter saw annual gains, which were driven by smaller deals in the trucking logistics, shipping, and passenger air sectors, according to data issued in the Intersections report by PwC this week.

With the holidays rapidly approaching, it appears retailers are not quite done getting inventory set up and on the shelves in time for what is expected to be a fairly active shopping season. That much was evident based on recent data for September volumes issued by the Port of Los Angeles (POLA) and the Port of Long Beach (POLB).

Join Industry Expert Adrian Gonzalez for this educational webinar on the tenets and the benefits of Closed-Loop Operational Management. You’ll learn how Closed-Loop Operational Management optimizes orders, inventory, and transportation concurrently, and how it is able to optimize large-scale problems on a daily basis.

In a separate conference call following CP’s third quarter earnings release call yesterday, CP CEO Hunter Harrison make myriad convincing points for a merger between CP and CSX and offered up his take in general industry M&A as well.

Article Topics

News · Penske Logistics · Penske · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA