This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

SUPERVALU Unveils New Natural Gas Powered Truck Fleet And Fill Station

Food is now arriving at grocery store shelves across the East Coast with a smaller carbon footprint, thanks to the recent purchase by SUPERVALU ® INC. of 35 Class 8 Volvo trucks that operate on compressed natural gas (CNG). The fleet, which operates out of SUPERVALU’s Mechanicsville, Va., distribution center and currently serves approximately 500 grocery stores in Virginia, Maryland, Delaware, West Virginia, Washington, D.C. and North Carolina, is the largest private fleet of its kind in the Mid-Atlantic region.

To power the new trucks, Trillium CNG TM, a leading provider of compressed natural gas fueling solutions, built and will operate a fast-fill CNG station at SUPERVALU’s Mechanicsville distribution center. The conversion to natural gas will reduce the fleet’s annual oil consumption by more than 1 million gallons and result in 1,300 fewer tons of greenhouse gas emissions. In addition to the environmental benefits, the new CNG fleet and fast-fill station is expected to reduce SUPERVALU’s operating costs given the lower cost of compressed natural gas.

The new trucks and fast-fill station were officially unveiled today at a ceremony attended by Virginia Secretary of Commerce and Trade Jim Cheng, as well as several local and company officials.

“Our decision to transition to natural-gas-powered trucks is in keeping with SUPERVALU’s long-standing commitment to do business in a sustainable manner,” said Mike Lech, vice president of logistics for SUPERVALU’s Eastern Region. “This project is not only good for the environment, but also for the bottom line, as each natural-gas-powered truck will cut greenhouse gas emissions and reduce fuel usage for our fleet. We’re proud of this effort and the many great partners who helped make it a reality.”

Utilizing Trillium’s high-performance fast-fill hydraulic intensifier, the new station can fuel trucks at a rate of 8-to-10 gallons per minute.

The fill station is the first of two Trillium stations planned in the Richmond, Va., area. The second is under construction at GRTC Transit System, the public transit agency jointly owned by the City of Richmond and Chesterfield County, and is expected to be operational in three to four months. By the end of the second quarter 2014, Trillium CNG will be operating 81 CNG stations nationwide, with 54 of them having public access.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs