NEW YORK (TheStreet) -- You see UPS (UPS - Get Report) and FedEx (FDX - Get Report) trucks all over the place. Now is the time to know some cool things the companies are doing to save themselves bank and make Mother Nature happy.
- FedEx now has over 360 hybrid-electric vehicles in service, and 200 all electric.
- FedEx is actively replacing inefficient engines with new ones from Mercedes Benz. Now in over 35% of its fleet, these are 70% to 100% more fuel efficient than the old engines.
- Through the use of new technology, UPS is tracking per van oil quality to reduce the need for oil changes. Moreover, UPS has been able to shave 10% off the number of miles driven by its vehicles through tech-driven improvements in routes taken.
-- By Brian Sozzi CEO of Belus Capital Advisors, analyst to TheStreet