The logistics giants, UPS, has introduced it’s set to purchase over 6,000 natural gas-powered trucks from 2020 till 2022.
The plans symbolize a three-year dedication to make investments $450mn within the enlargement of UPS’ various gas and superior know-how car fleet. Set to be geared up with compressed natural fuel (CNG) gas programs supplied underneath an unique settlement with Agility Fuel Solutions, a enterprise of Hexagon Composites. It is anticipated that the funding will scale back UPS’s carbon footprint and have a constructive affect on nationwide CNG market development.
“UPS continues to expand and improve our smart logistics network by implementing new technologies and creating a highly flexible, data-driven and sustainable network,” commented Juan Perez, Chief Information and Engineering Officer of UPS. “That is why we intend for 25% of our vehicles purchased in 2020 to run on alternative fuels.”
The autos that are geared up with CNG gas programs can interchangeably use RNG and traditional fuel. Having been produced from landfills, dairy farms and different bio sources, RNG consists of up to a 90% discount in lifecycle greenhouse fuel emissions compared to typical diesel. Over the subsequent seven years, it’s anticipated that UPS will buy 230mn gallon equivalents of RNG which is able to make the corporate the most important client of RNG within the transportation business.
“We are proud to continue our collaboration with UPS, a front-runner in clean transportation,” added Seung Baik, president of Agility Fuel Solutions. “With our range of proven and reliable clean fuel technologies and aftermarket support capabilities, we will assist UPS in reaching its sustainability targets.”
Since 2016, Agility Fuel Solutions has supplied natural fuel gas storage and supply programs to over 1,700 UPS trucks. The agency is set to present full end-to-end natural fuel programs for heavy-duty fuel trucks, terminal tractors and medium-duty walk-in vans that are UPS’s acquainted brown supply trucks. Over the previous 10 years, UPS has invested greater than $1bn in various gas and superior know-how autos and fueling stations to assist meet its goal of lowering absolute greenhouse fuel emissions by 12% throughout its world floor operations by 2025.
For extra data on all subjects for Procurement, Supply Chain & Logistics – please check out the most recent version of Supply Chain Digital journal.
Follow us on LinkedIn and Twitter.
About the Author
- Logistics & Supply Chain2019.11.05ProcureCon IT: Europe’s only peer-led IT procurement conference | Procurement
- Logistics & Supply Chain2019.11.04Providing a customer-centric approach at CGS | Supply Chain Management
- Logistics & Supply Chain2019.11.03Machine studying: innovative technology within supply chains | Supply Chain Management
- Logistics & Supply Chain2019.11.02Can blockchain bring the supply chain into the 21st century? | Supply Chain Management