Sysco Celebrates Growth of Electric Fleet to Nearly 120 EVs Across Four Countries
Sysco (NYSE: SYY), the largest food distributor globally, announced the addition of 10 heavy-duty electric tractors to its fleet in Houston, Texas. This milestone brings Sysco's total electric vehicle (EV) count to nearly 120 across the U.S., Canada, U.K., and Sweden. The expansion is part of Sysco's strategy to cut direct emissions by 27.5% by 2030. U.S.-based EVs are deployed in multiple cities including Baltimore, Denver, and Los Angeles. Sysco aims to exceed 130 EVs by the end of June 2024. Both Neil Russell, Chief Administrative Officer, and Dan Purefoy, Chief Supply Chain Officer, emphasized the collaborative efforts and planning that facilitated this growth, highlighting the benefits of reduced carbon footprint, noise pollution, and improved delivery partner experiences.
- Addition of 10 heavy-duty electric tractors, totaling nearly 120 EVs globally.
- Expansion aligns with Sysco’s goal to reduce direct emissions by 27.5% by 2030.
- EV deployment spans four countries: U.S., Canada, U.K., and Sweden.
- Over 100 EVs are U.S.-based in major cities like Baltimore, Denver, and Los Angeles.
- Sysco expects to surpass 130 EVs by June 2024.
- Deployment reduces carbon footprint and noise pollution, and improves delivery partner experiences.
- Significant cross-industry collaboration and planning involved.
- Potential high cost associated with the acquisition and maintenance of electric vehicles.
- Unclear financial impact on immediate profitability due to investment in EV technology.
Featured delivery of 10 electric heavy-duty tractors at an event in Sysco’s hometown city, Houston, TX
HOUSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world’s largest food distributor, celebrated the arrival of 10 heavy-duty electric tractors to the fleet at its Houston, Texas operating site, reaching a total of nearly 120 electric vehicles (EVs) globally. This addition is a major step toward Sysco’s goal to reduce its direct emissions by
In total, Sysco now has heavy-duty electric tractors in the United States, Canada, United Kingdom and Sweden, including over 100 U.S.-based vehicles in Baltimore, MD; Boston, MA; Denver, CO; Fremont, CA; Houston, TX; Long Island, NY; Los Angeles, CA; and Riverside, CA. Sysco expects to receive additional EVs by the end of June 2024, bringing the total number of EVs to over 130.
“We are proud of our progress to scale our electric truck fleet and continue our journey to meet our climate goal,” said Neil Russell, Chief Administrative Officer at Sysco. “This work is important to many of our customers who have also set goals to reduce emissions. Electrifying a portion of our fleet will help us reduce our carbon footprint together while reducing noise pollution and improving the day-to-day experience of our delivery partners. We’re grateful to the numerous manufacturers, government officials and community partners who collaborated with us to get to this important moment.”
“The scale of our EV deployment today is the result of years of planning and tremendous levels of cross-industry collaboration,” said Dan Purefoy, Sysco’s Chief Supply Chain Officer. “I want to thank my team for their expertise and leadership in building our capabilities to deploy this new technology in our operations. We appreciate all the colleagues across Sysco who have been a part of this journey so far, as well as the board and executive team at Sysco for supporting our vision of a lower carbon fleet.”
A video news release with clips from the event is provided here.
More information on Sysco’s sustainability commitments can be found in Sysco’s 2023 Sustainability Report.
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
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.
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| Investor Contact Kevin Kim Kevin.Kim@sysco.com 281-584-1219 | Media Contact Shannon Mutschler Shannon.Mutschler@sysco.com 281-584-4059 |
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