Penske to acquire Kris-Way.

Penske, a transportation solutions provider, agreed to acquire Kris-Way, a truck rental company. Financial terms were not disclosed. "Kris-Way has earned a stellar reputation in the marketplace. Penske and Kris-Way customers will benefit from the combined services both companies have to offer across our growing network. We look forward to working closely with Kris-Way customers and associates to integrate the business into the Penske brand," Art Vallely, Penske President.