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    FedEx Express Launches Zero-Emission All-Electric Vehicle Fleet in Hong Kong

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    3BL Media

    by 3BL Media

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    HONG KONG, Mar 26, 2013 /3BL Media/ - FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world's largest express transportation company, today announced the expansion of its alternative-energy vehicle fleet with the introduction of 10 new all-electric commercial vehicles for use in Hong Kong. This is the first fleet of zero-emission all-electric vehicles for FedEx in Asia Pacific.

    These 10 state-of-the-art electric vehicles will be deployed in Hong Kong in March 2013, joining the more than 650 alternative-energy delivery vehicles already in the FedEx global vehicle fleet. These electric and other alternative energy have made a significant contribution towards an announcement by FedEx earlier this month that it has surpassed its goal to increase the fuel efficiency of its vehicle fleet 20 percent by 2020. FedEx has also increased its original goal by 50 percent, now setting a target for 30 percent improvement in fuel efficiency for its global vehicle fleet by the