Penske Truck Leasing
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Bridgestone, Penske Truck Leasing extend partnership

Oct. 20, 2021
The two companies will focus on advanced technology and sustainability for commercial fleets.

Bridgestone Americas and Penske Truck Leasing announced Oct. 19 the renewal of their strategic partnership to test, develop, and deploy Bridgestone advanced technology and mobility solutions for the commercial truck segment in the U.S. and Canada.

As part of the renewed contract, Penske will remain a preferred customer of Bridgestone commercial tires and Bandag retread tires.

"Penske is an invaluable partner and collaborator in the drive to produce better business outcomes and a cleaner, more sustainable, low-emissions future for fleets," said Chris Ripani, president, truck, bus and retread tires for Bridgestone Americas. "We are thrilled for the opportunity to continue serving the needs of the Penske organization and to extend this important strategic partnership into the future."

With the contract renewal, the two companies stated that they will pursue ongoing collaboration on technologies and products that offer more efficient and sustainable outcomes for fleet mobility and fleet management. Bandag retread tires, which are utilized by Penske as a core component of the partnership, offer environmental benefits, including reduced carbon dioxide emissions, natural resource extraction, water consumption, air pollution and land use, when compared to ultra-low cost, single-use commercial tires. In 2020, as a result of the relationship and through the use of Bandag retread tires, Penske was able to decrease tire waste by 11.5 lb., the company said in a statement.

"Our collaboration with Bridgestone is an important one," said Paul Rosa, SVP of procurement and fleet planning, Penske Truck Leasing. "Together, we are able to provide our fleet customers with continued reliability, performance, over-the-road support, and enhanced sustainability."

Through the partnership, Penske will continue to receive access to information and updates on Bridgestone products and solutions, along with support and opportunities to evaluate and deploy advanced Bridgestone commercial tires and technologies.

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