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UPS looks to propane

Mar. 05, 2014 9:11 AM ETUnited Parcel Service, Inc. (UPS) StockBy: Clark Schultz, SA News Editor4 Comments
  • UPS (NYSE:UPS) says it will purchase 1K propane package delivery trucks and set up 50 fueling stations.
  • The project should be up and running early next year.
  • The company says the vehicles will have a range of 200 miles on a single tank of propane.
  • What to watch : The use of propane trucks is expected to lower UPS' operational costs.

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