FedEx joins Obama’s Clean Fleets program
President Barack Obama has called on five companies, including FedEx Corp., to partner with the government in a program to expand the use of electric vehicles and alternative fuels.
FedEx (NYSE: FDX) is joining UPS Inc., AT&T Inc., PepsiCo Inc. and Verizon Communications Inc. as charter members of the National Clean Fleets Partnership.
The businesses collectively operate more than 275,000 vehicles and are five of the 10 largest U.S. fleet operators.
The goal of the Clean Fleet’s Partnership is to reduce by 1/3 U.S. consumption of imported oil by 2025. In 2008, the U.S. imported 11 million barrels of oil a day.
The public-private initiative aims to help large companies reduce diesel and gasoline usage in their fleets through the use of electric vehicles, alternative fuel and the implementation of fuel-saving measures into daily operations.
President Obama announced the Clean Fleet program at a UPS facility in Andover, Md., Friday.
In his remarks, Obama said 100 percent of the government’s vehicle purchases will be for fuel-efficient or clean energy cars and trucks by 2015.
Read more in the Memphis Business Journal.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.