Penske Truck Leasing to acquire Michigan-based transportation services company

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Financial terms weren’t disclosed.

“We are excited to join Penske,” Tom Bylenga, president of Star Truck Rentals, said in a news release. “Penske and Star share a similar culture and approach towards supporting customers and developing associates.

Joining with Penske will offer new opportunities for growth across an expanded network.”Penske Truck Leasing operates and maintains more than 418,000 vehicles at more than 930 maintenance facilities and more than 2,500 rental locations across North America.

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