FedEx Corp. (NYSE:FDX) said Wednesday it plans to reach carbon neutrality across its global delivery network by 2040, and as part of that strategy the Memphis, Tennessee-based company will transition to a fully electrified surface transport fleet by that time.
In addition, the company said it will spend $100 million to establish the Center for Natural Carbon Capture at Yale University, the alma mater of Frederick W. Smith, FedEx’s founder, chairman and CEO. The center will be tasked with...
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