FedEx has set a new goal to improve fuel efficiency of its Express global vehicle fleet by 30 per cent by 2020, after reaching its previous goal years ahead of schedule.
The company set its first fuel efficiency goal in 2008, aiming to improve overall fuel efficiency of the fleet by 20 per cent by 2020, compared to 2005.
It has now recorded a 22 per cent improvement in its vehicle’s fuel economy – seven years ahead of schedule.
It has therefore announced a revised goal of 30 per cent improvement by 2020, representing a 50 per cent increase over the original 2008 goal.
The company is expected to save approximately 20 million gallons of fuel this year through these efforts to increase vehicle fuel efficiency.