FedEx ahead of schedule to make its fleet fuel-efficient

FedEx Express, a unit of FedEx Corporation, announced that it is closer to the goal of making its entire vehicle fleet 20% more fuel efficient by 2020. Mitch Jackson, the company’s staff vice president of Environmental Affairs and Sustainability, said that in 2011, the company’s vehicle fleet was already 16.6% more fuel efficient than it was in 2005. Twenty percent of the company’s diesel vehicle pick-up and delivery fleet were converted and now comply with 2010 U.S. Environmental Protection Agency diesel emission standards. “Although we are less than halfway to the end date we set for ourselves, we have achieved 80% of our vehicle fuel efficiency goal as of the conclusion of fiscal year 2011, compared to our original baseline set in 2005,” Jackson said. “As a result, we are reevaluating our 2020 goal to potentially raise the standard we originally set out to achieve.” (May 18, 2012)