US Foods has expanded its fleet of compressed natural gas (CNG) trucks, adding 50 to its Houston warehouse and fueling them at Freedom CNG’s North Houston station. The Houston fleet will help protect the company from rising fuel costs. Freedom says its fuel price has never changed since it opened its … Read more »
A new carbon capture process to make fuel at an industrial plant brings the cost down to between $94 and $232 per ton compared to previous estimates of $600 per ton. The technology could help drive a market for low-carbon synthetic fuels. Led by Harvard professor of applied physics David … Read more »
Anheuser-Busch has placed an order for as many as 800 hydrogen-electric powered semi-trucks, with plans to integrate them into its dedicated fleet beginning in 2020. The zero-emission trucks, from Nikola Motor Company, will be able to travel between 500 and 1,200 miles and be refilled within 20 minutes, reducing idle time, … Read more »
Airlines represent one of the few major industry sectors to set and implement all-encompassing carbon-emission goals, committing to carbon-neutral growth by 2020. As the first airline to invest in biofuel production technology, Cathay Pacific Airways is leading the industry’s way. Philippe Lacamp, the company’s senior VP, shares thoughts on how to create an all-encompassing carbon reduction strategy.
Each business day, FedEx serves over 220 countries and territories with more than 600 aircraft as well as more than 190,000 on-road and off-road vehicles, which includes around 132,000 company-owned vehicles. The shipping company, which has $60 billion-plus in revenue, operates on an immense scale. Over the past decade, FedEx … Read more »
The European Investment Bank and ING signed an agreement this week for 300 million euros ($370 million) to support green investments in the European maritime shipping market. Each institution will contribute 150 million euros to a sector risk-bearing facility for projects that improve transport vessels’ environmental performance. “It’s no secret … Read more »