Ford Motor Co. has given Penske Logistics two Q1 awards, the automotive giant’s highest recognition of superior supplier quality. Penske was honored with the Preferred Quality Status as a Logistics Automotive Supplier, and Automotive Truckload Supplier awards.

Penske has been the North American supplier for Ford since 1999. By handling Ford’s logistics, Penske has reduced inventory and lowered transportation and freight costs, says the supplier.