UPS Placed Major Order Of Hybrid, Natural Gas Trucks

FRANKFURT -(Dow Jones)- Daimler AG (DAI) said Wednesday that United Parcel Service Inc. (UPS) ordered 200 hybrid electric trucks and 300 compressed natural gas vehicles.

In a statement, Daimler said that this represents its largest of alternative- fuel and drive-train commercial vehicles to-date.

The vehicles will be used by UPS for daily delivery operations across the U.S. and will function in concert with their current fleet of conventional diesel powertrain vehicles.