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Page added on March 9, 2013
FedEx CEO: Truck Fleets to Shift to Natural Gas From Diesel
Truck fleets are likely to make a major shift to natural-gas fuels and away from diesel over the next decade, with FedEx Corp. a likely adopter, said Frederick W. Smith, chairman and chief executive of the shipping company. In an interview with The Wall Street Journal, Mr. Smith said he expects between 5% and 30% of U.S. long-distance trucking to be fueled by compressed or liquefied natural gas over 10 years, as the cost of the trucks declines and fueling stations become…
5 Comments on "FedEx CEO: Truck Fleets to Shift to Natural Gas From Diesel"
GregT on Sat, 9th Mar 2013 7:51 pm
As demand for natural gas increases, so will the cost. Nat gas is also a finite resource.
Feemer on Sat, 9th Mar 2013 8:33 pm
they will be in trouble when this natural gas bubble bursts due to high depletion rates of hydraulic fracturing wells. It is still a win though, because natural gas releases less sulfur and nitrogen dioxide
J-Gav on Sat, 9th Mar 2013 8:56 pm
My hands are blistered and hurtin’ from all the clapping I’ve done over this monumental news …
Kenz300 on Sat, 9th Mar 2013 11:07 pm
Natural gas is replacing oil (diesel) for long haul truckers.
Natural Gas in conjunction with wind and solar are replacing coal for electricity generation.
Natural Gas will soon be powering the railroads….
It is good to diversify the energy sources used for the transportation fleets….
Next generation electric and hybrid vehicles with improved mileage, reduced charging times and improved battery life will soon be coming to market.
The high cost of oil has made all alternatives look better.
BillT on Sun, 10th Mar 2013 2:04 pm
Keep dreaming Kenz300.