Sysco Testing All-Electric Freightliner Truck

Rhea-AI Summary

Sysco Corporation (NYSE: SYY) is testing an all-electric Freightliner eCascadia truck as part of its Corporate Social Responsibility (CSR) strategy aimed at reducing its carbon footprint. The deployment of the eCascadia from Daimler Trucks North America supports Sysco's goal to increase alternative fuel usage in its fleet. Testing will occur at the San Francisco site until January 2021, providing essential feedback for future electric vehicle designs. Sysco actively collaborates in the Freightliner Electric Vehicle Council, addressing barriers to the large-scale implementation of electric vehicles.

Positive

• Testing of electric trucks aligns with Sysco's CSR strategy to reduce carbon footprint.
• Collaboration with Daimler Trucks North America supports innovation in electric vehicle development.
• Participation in the Freightliner Electric Vehicle Council demonstrates commitment to sustainable transportation.

Negative

• None.

Supports Sysco’s Goal of Delivering a Better Tomorrow by Reducing its Carbon Footprint

HOUSTON, Oct. 07, 2020 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today it is testing an all-electric Freightliner eCascadia from Daimler Trucks North America (DTNA). Sysco’s participation in this initiative is consistent with its Corporate Social Responsibility (CSR) strategy and the Company’s ongoing efforts to reduce its carbon footprint.

This initiative is a part of DTNA’s ongoing work to engage customers in its commercial electric vehicle development process by deploying trucks in real-world applications. Sysco aims to power more of its tractor fleet with alternative fuels, and deployment of electric trucks will play a significant role in achieving that objective.

“We are excited to partner with DTNA on this important work,” said Neil Russell, Sysco’s vice president of corporate affairs. “Collaborating with manufacturers to develop new truck models that can meet the specialized requirements of food delivery is a vital step toward significantly reducing our impact on the planet. We are proud of the progress we are making towards our CSR goals and, together with DTNA, are confident Sysco will help deliver a better tomorrow for all of our stakeholders.”

Sysco recently deployed the eCascadia, a Class 8 tractor designed for local and regional distribution, and will continue running it in daily operations from its San Francisco operating site through January 2021. Sysco will provide data and feedback from its testing to Freightliner to help it improve on future vehicle design.

“It’s critical that we collaborate with customers across multiple segments to further our understanding of how commercial battery electric trucks will be part of a long-term solution in CO2-neutral transportation,” said Richard Howard, senior vice president, on-highway sales and marketing, DTNA. “Our customers provide important, continuous feedback that contributes to our ongoing design and purposeful innovation of these trucks, and together we will lead the future.”

Sysco participates in the Freightliner Electric Vehicle Council, a group of customers working with Freightliner to identify and address all potential hurdles to large-scale deployment of commercial battery electric vehicles.

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 57,000 associates, the company operates 326 distribution facilities worldwide and serves more than 625,000 customer locations. For fiscal 2020 that ended June 27, 2020, the company generated sales of more than $52 billion. Information about our CSR program, including Sysco’s 2019 Corporate Social Responsibility Report, can be found at www.sysco.com/csr2019report.

For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporation or Twitter at https://twitter.com/Sysco. 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. Investors should also follow us at www.twitter.com/SyscoStock and download the Sysco IR App, available on the iTunes App Store and the Google Play Market. 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. 

Media contact: 
Shannon Mutschler
281-584-4059
mutschler.shannon@corp.sysco.com 

FAQ

What is Sysco testing as part of its sustainability efforts?

Sysco is testing an all-electric Freightliner eCascadia truck to reduce its carbon footprint.

What is the significance of Sysco's partnership with Daimler Trucks North America?

The partnership helps Sysco in developing electric trucks that meet the specific needs of food delivery, contributing to its sustainability goals.

How long will Sysco test the electric truck?

The testing of the Freightliner eCascadia will continue at Sysco's San Francisco site until January 2021.

What role does Sysco play in the Freightliner Electric Vehicle Council?

Sysco collaborates within the council to identify challenges and support the large-scale deployment of commercial battery electric vehicles.