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FedEx inks contract for hybrid trucks


Published : Tue, 15 May 2007 15:24
By : Agencies
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MEMPHIS, Tenn. (AP) - FedEx Corp. said Tuesday its subsidiary FedEx Express signed a contract with Azure Dynamics Corp. for hybrid-electric powertrains for its delivery fleet.

The company said Azure will supply a hybrid-electric test vehicle to FedEx Express. FedEx said it is committed to buying at least 20 hybrid vehicles to be delivered by May 2008.

Financial details of the contract were not disclosed.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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