UPS to add thousands of natural gas trucks by 2022

The company intends for 25% of its vehicles purchase in 2020 to run on alternative fuels.

The logistics company UPS will purchase more than 6,000 natural gas-powered vehicles between 2020 and 2022, according to a press release.

"We intend for 25% of our vehicles purchased in 2020 to run on alternative fuels," said chief information and engineering officer at UPS, Juan Perez. In 2018 this figure was 13%, according to its sustainability report.

The investment in alternative fuel vehicles will cost UPS $450 million and is meant to help it meet its 2025 sustainability goals. UPS hopes to reduce its absolute greenhouse gas emissions from its global ground operations 12% by 2025, according to its most recent sustainability report.