Create Account
Log In
Dark
chart
exchange
Premium
Terminal
Screener
Stocks
Crypto
Forex
Trends
Depth
Close
Check out our Level2View


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). Syscos participation in this initiative is consistent with its Corporate Social Responsibility (CSR) strategy and the Companys ongoing efforts to reduce its carbon footprint.


GlobeNewswire Inc | Oct 7, 2020 08:00AM EDT

October 07, 2020

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). Syscos participation in this initiative is consistent with its Corporate Social Responsibility (CSR) strategy and the Companys ongoing efforts to reduce its carbon footprint.

This initiative is a part of DTNAs 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, Syscos 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.

Its 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 SyscoSysco 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 Syscos 2019 Corporate Social Responsibility Report, can be found at www.sysco.com/csr2019report.

For more information, visitwww.sysco.comor connect with Sysco on Facebook atwww.facebook.com/SyscoCorporationor Twitter at https://twitter.com/Sysco. For important news and information regarding Sysco, visit the Investor Relations section of the companys Internet home page atinvestors.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 atwww.twitter.com/SyscoStockand download the Sysco IR App, available on theiTunes App Storeand theGoogle 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 Mutschler281-584-4059mutschler.shannon@corp.sysco.com







Share
About
Pricing
Policies
Markets
API
Info
tz UTC-4
Connect with us
ChartExchange Email
ChartExchange on Discord
ChartExchange on X
ChartExchange on Reddit
ChartExchange on GitHub
ChartExchange on YouTube
© 2020 - 2026 ChartExchange LLC