MEMPHIS, Tenn.--(BUSINESS WIRE)--
FedEx Freight, a wholly owned subsidiary of FedEx Corp. (NYSE: FDX) and
a leading U.S. provider of LTL freight services, has purchased more than
100 compressed natural gas (CNG) tractors and has installed a CNG
fueling station to serve the new CNG fleet at its Oklahoma City Service
Center. FedEx Freight contracted with Clean Energy Fuels Corp (Nasdaq:
CLNE) to design, build and maintain the fueling station.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20160913006194/en/
FedEx Freight has purchased more than 100 compressed natural gas (CNG) tractors and has installed a CNG fueling station to serve the new CNG fleet at its Oklahoma City Service Center. The fueling station will be showcased at a ribbon cutting ceremony October 11.(Photo: Business Wire)
The FedEx Freight CNG fleet and fueling station in Oklahoma City are
examples of FedEx connecting the world responsibly and resourcefully.
From upgrading its air and ground fleets to pioneering biofuel and
empowering team members through programs like FedEx Fuel Sense and
EarthSmart, FedEx delivers industry-leading innovations to reduce its
environmental impact.
The CNG fueling station in Oklahoma City also provides efficiency for
fueling the fleet through two different methods. The facility includes a
four-lane "fast fill" station which closely replicates a diesel fueling
experience. Also on site is a "time fill" station which has six zones
and 18 hoses. In time-fill applications, drivers connect their vehicles
to an automated system in which the tractors are fueled over an extended
period of time, typically overnight.
"A fact we take very seriously at FedEx is that people want to do
business with companies who invest in making the world a better place,"
said Michael Ducker, president and CEO of FedEx Freight. "Plus, it's
simply the right thing to do. And given that the state of Oklahoma has
been so supportive of sustainable transportation solutions, we felt this
was the perfect place to set a strong example within the LTL industry."
"The use of natural gas by FedEx Freight is a natural extension of our
corporate-wide efforts to provide sustainable solutions that benefit the
customers and communities we serve," said Mitch Jackson, vice president
of Environmental Affairs and Sustainability, FedEx Corp. "Across the
FedEx enterprise, we continuously look for ways to maximize our
efficiency while advancing our commitment to connect the world in
responsible and resourceful ways."
"This substantial investment in CNG by FedEx not only demonstrates their
continued leadership in long-haul transportation, but their decision is
another example of their commitment to broader sustainable goals that
now includes a new CNG truck fleet in Oklahoma City that is using a fuel
that is cleaner and domestic," said Andrew J. Littlefair, CEO and
president of Clean Energy. "Clean Energy is thrilled to work with FedEx
to help in ensuring a more sustained and safer environment for future
generations."
The fueling station is estimated to dispense approximately 2.5 million
gasoline gallon equivalents (GGEs) per year and will be showcased at a
ribbon cutting ceremony October 11 by Oklahoma Gov. Mary Fallin, FedEx
chairman and CEO Frederick W. Smith, Mr. Ducker, Clean Energy co-founder
and energy magnate T. Boone Pickens, and Mr. Littlefair.
CNG is made by compressing natural gas to less than 1 percent of the
volume it occupies at standard atmospheric pressure. Natural gas burns
more cleanly than diesel, producing lower CO2 emissions, and
almost all of the natural gas used in the U.S. comes from domestic
sources, thereby helping the country become more energy independent.
About FedEx Freight
With corporate offices in Memphis, Tenn., the FedEx Freight Segment
includes FedEx Freight, a leading U.S. provider of LTL freight services;
FedEx Freight Canada, an LTL operating company serving most points in
Canada; and FedEx Custom Critical, North America's largest
time-specific, critical shipment carrier. FedEx Freight also serves
Mexico, Puerto Rico and the U.S. Virgin Islands. For more information,
visit fedex.com.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with
a broad portfolio of transportation, e-commerce and business services.
With annual revenues of $58 billion, the company offers integrated
business applications through operating companies competing collectively
and managed collaboratively, under the respected FedEx brand.
Consistently ranked among the world's most admired and trusted
employers, FedEx inspires its more than 400,000 team members to remain
"absolutely, positively" focused on safety, the highest ethical and
professional standards and the needs of their customers and communities.
For more information, please visit news.fedex.com.
About Clean Energy
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the leading provider of
natural gas fuel for transportation in North America. We build and
operate CNG and LNG fueling stations; manufacture CNG and LNG equipment
and technologies; develop RNG production facilities; and deliver more
CNG and LNG fuel than any other company in the U.S. Clean Energy also
sells Redeem™ RNG fuel and believes it is the cleanest transportation
fuel commercially available, reducing greenhouse gas emissions by up to
90%. For more information, visit www.CleanEnergyFuels.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160913006194/en/
FedEx Corp.
Ron Mears, 901-434-8411
ron.mears@fedex.com
Source: FedEx Freight
News Provided by Acquire Media