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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Uber CEO says rideshare 'freed up' his son from having to get a driver’s license—and he's one of many Gen Zers who aren’t willing to drive

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Inside the 'stealth wealth' playbook: How Silicon Valley's elite buy multimillion-dollar mansions without leaving a paper trail

UPS Wants 25% of Its Fleet to Be Environmentally-Friendly by 2020

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June 27, 2017, 12:41 PM ET
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UPS trucks depart the UPS Manhattan facilty for their deliveries of the day on May 9, 2017 in New York. UPS officials at the news conference discussed the decision by the World Expo 2020 Dubai to use UPS to handle the logistics operations for the event. / AFP PHOTO / Don Emmert (Photo credit should read DON EMMERT/AFP/Getty Images)Don Emmert—AFP/Getty Images

United Parcel Service (UPS) said on Tuesday it would add more vehicles that run on non-conventional power to its fleet by 2025, as the package delivery company looks to cut its greenhouse emissions.

The company said by 2020 about 25% of its vehicles purchased annually will be powered by alternative fuels or advanced technology, up from 16% in 2016.

The vehicles could include electric, hybrid electric, hydraulic hybrid, or those that run on compressed natural gas, liquefied natural gas, and propane.

UPS currently operates more than 8,300 alternative fuel and advanced technology vehicles. It had a total global ground fleet of about 114,000 package cars, vans, tractors and motorcycles at the end of December.

The company also plans to draw 40% of its ground fuel from sources other than conventional gasoline and diesel by 2025, a big jump from the 19.6% in 2016.

UPS said that 25% of the electricity it consumes currently will come from renewable energy sources by 2025, up from 0.2% in 2016.

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