Supply Chain Digital Magazine December 2024 | Page 68

FEDEX
TOP 10 – SUSTAINABLE FLEETS

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On the Road with FedEx : Electric Vehicles in California

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FEDEX

REVENUE : US $ 87.7BN EMPLOYEES : 500,000 + CEO : RAJ SUBRAMANIAM FOUNDED : 1971
FedEx is expanding green initiatives across the board through facility-wide renewable energy adoption , delivery fleet electrification and research into natural carbon capture methods for the transportation sector .
Throughout 2024 , the company has deployed a host of new vehicles , adding EVs and zero-emission motorcycles in Brazil , along with EVs in Canada , Chile , Spain , the UK , the Netherlands and the UAE .
A prime example of its electrification efforts came in February , when FedEx Express successfully executed the first -ever cross-border package delivery from Malaysia to Singapore using an EV . It was completed with just a single charge in Johor and demonstrated a 100kg reduction in tailpipe CO2 emissions when compared to diesel -powered vans .
The effort underscored FedEx ’ s commitment to achieving carbon neutrality in its operations by 2040 .
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