Penske Truck Leasing has fast become a player in commercial truck leasing, especially after its 2001 acquisition of Rollins Truck Leasing. Penske Truck Leasing operates about 206,000 vehicles from about 1,000 locations in the US, Canada, Europe, Mexico, and South America. The company offers full-service leasing, contract maintenance, and commercial and consumer truck rental. Penske Logistics provides global transportation management, distribution and warehouse management, and integrated logistics. The company has sold its interest in Leaseway Auto Carrier to Performance Logistics Group. Penske Truck Leasing is a joint venture of GE Equipment Service and race-car legend Roger Penske's Penske Corporation.