Sysco Celebrates Arrival of Heavy-Duty Electric Vehicles in Its Headquarters City of Houston, TX, Growth of Electric Fleet Globally

Rhea-AI Summary

Sysco announced the arrival of new heavy-duty electric vehicles (EVs) at its Houston distribution facility, marking the first deployment of such vehicles in Texas. The company is expanding its electric fleet across the United States and globally. Sysco's Chief Administrative Officer, Neil Russell, will share updates at a news conference on May 14, 2024. The event will include speeches, a media Q&A session, and hands-on experiences with the EVs. Sysco operates 334 distribution facilities globally, serving around 725,000 customer locations, and reported over $76 billion in sales for the fiscal year 2023. This initiative is part of Sysco's commitment to sustainability and innovation in the foodservice industry.

Positive

• Introduction of heavy-duty electric vehicles to Houston facility.
• Expansion of electric fleet across the U.S. and globally.
• Commitment to sustainability and reducing carbon footprint.
• Fiscal year 2023 sales exceeded $76 billion.
• Sysco serves approximately 725,000 customer locations globally.
• Hands-on media event enhances company transparency and engagement.

Negative

• No specific financial metrics or projections linked to EV deployment provided.
• Potential high initial costs associated with fleet electrification.
• Unclear timeline for full deployment of EVs globally.

HOUSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Sysco is hosting a news conference to celebrate the arrival of new heavy duty electric vehicles to the company’s hometown Houston distribution facility, the first for Sysco in Texas. The company will also announce its progress in deploying EVs across the United States and globally.

Sysco’s Chief Administrative Officer, Neil Russell, will provide formal remarks and members of the media will have the opportunity to ask questions.

Media are also invited to take photos of the EVs and charging infrastructure, as well as sit in the EV. A limited number of media and guests will also have an opportunity to ride in one of the EVs and experience the difference between an electric vehicle and a traditional, diesel-powered truck.

WHO:	Sysco executives, customers and local government officials
WHEN:	May 14, 2024:
		•	12:30 | Welcome & Remarks from Sysco CAO
		•	12:40 | Media Q&A
		•	12:50 | Hands-on truck experience
WHERE:	Sysco Houston
	10710 Greens Crossing Blvd,
	Houston, TX 77038
ASSETS:	Photos/video can be taken at the event or can be provided following the event
ON-SITE:	Recorded and non-recorded interviews are allowed
RSVP:	syscomediarelations@corp.sysco.com

About Sysco
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 72,000 colleagues, the company operates 334 distribution facilities worldwide and serves approximately 725,000 customer locations. For fiscal year 2023 that ended July 1, 2023, the company generated sales of more than $76 billion. Information about our Sustainability program, including Sysco’s 2023 Sustainability Report and 2023 Diversity, Equity & Inclusion Report, can be found at www.sysco.com.

For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoFoods. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.

For more information contact:

Media Contact
Shannon Mutschler
Shannon.Mutschler@sysco.com
281-584-4059

 

FAQ

What did Sysco announce about their electric vehicles on May 14, 2024?

Sysco announced the arrival of new heavy-duty electric vehicles at their Houston distribution facility, marking the first deployment in Texas, and shared their progress in expanding their electric fleet globally.

How many customer locations does Sysco serve globally?

Sysco serves approximately 725,000 customer locations globally.

What were Sysco's sales for the fiscal year 2023?

Sysco reported sales of more than $76 billion for the fiscal year 2023.

Who will provide formal remarks at the Sysco EV event?

Sysco's Chief Administrative Officer, Neil Russell, will provide formal remarks at the event.

What activities are planned for the Sysco EV event on May 14, 2024?

The event will feature speeches, a media Q&A session, and hands-on experiences with the new electric vehicles.