UPS First in Industry to Purchase Hydraulic Hybrid Vehicles

Discussion in 'The Latest UPS Headlines' started by cheryl, Oct 28, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    UPS First in Industry to Purchase Hydraulic Hybrid Vehicles - Smart Money

    As part of a public-private partnership to increase the commercial availability and use of alternative fuel vehicles, UPS (NYSE:UPS) today announced its first purchases of a little-known technology - the hydraulic hybrid vehicle -- that promises dramatic fuel savings and environmental benefits.

    "There is no question that hydraulic hybrids, although little known to the public, are ready for prime time use on the streets of America," said David Abney, UPS's chief operating officer. "We are not declaring hydraulic hybrids a panacea for our energy woes, but this technology certainly is as promising as anything we've seen to date."