FedEx Corp. on Monday, Aug. 20, announced it was well on its way toward its 2008 goal of improving the fuel efficiency of its FedEx Express vehicle fleet by 20 percent by 2020 as compared with its 2005 performance. Less than five years later, FedEx said it has nearly achieved these goals improved by improving vehicle fuel efficiency by 16.6 percent at the end of its fiscal year 2011.
The company said it is continuing on-the-road deployments of all-electric commercial vehicles in cities around the globe; these advanced vehicles operate alongside fuel-efficient Sprinter vans that FedEx continues to bring into service, hybrid vehicles and novel delivery solutions such as electric-powered tricycles in Paris.
The company said that in its fiscal year 2012, FedEx Express increased the size of its advanced alternative-vehicle fleet by 18 percent, with a total of 364 hybrid-electric vehicles and 118 electric vehicles in service; to date, these vehicles have traveled a total of 12.1 million miles and conserved 345,000 gallons of fuel.