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FedEx Further Expands its Environmentally-Friendly Vehicle Fleet With Order of 51 New Azure Dynamics Hybrid Electric Delivery Vans.

Publication: Business Wire
Publication Date: 09-NOV-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Establishing First FedEx All-Hybrid Facility

MEMPHIS, Tenn. -- FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), today announced it will purchase 51 additional gasoline-electric hybrid vehicles from Azure Dynamics Corporation (TSX: AZD). The FedEx fleet of hybrid electric and electric vehicles will total 325 when all 51 hybrid step-vans are delivered during November and December of 2009. Most of the new FedEx gasoline-electric vehicles will be put into service at a Bronx, N.Y., station, making it the first FedEx all-hybrid facility with about 100 trucks.

"Even during a challenging fiscal year, FedEx has continued to make investments in hybrid electric and electric vehicles a priority because...

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