A number of transportation and supply chain-focused companies and at least two federal agencies use the annual Earth Day commemoration to publicize what they are doing or planning to help the environment, promote sustainability, and reduce emissions.
Among the initiatives and statements released Friday in honor of Earth Day:
- AIT Worldwide Logistics set a net zero emission target for 2035 in its first sustainability report.
- XPO Logistics Inc. (NYSE:XPO) launched the Ship Net-Zero program, which gives shippers the option to purchase carbon credits to offset emissions from shipping.
- The Federal Railroad Administration announced the Climate Challenge initiative, which urges railroad and rail equipment manufacturers to achieve net zero greenhouse gas emissions by 2050.
- CSX Corp. (NASDAQ: CSX) recognized six customers with the inaugural environmental excellence award for reduced emissions from truck-to-rail conversion.
- Mitsubishi Heavy Industries signed a memorandum of understanding with electric fuel producer Infinium to advance the development of electric fuel in the Japanese market.
- Cold Chain Technologies is committed to saving 50 million pounds of waste from disposal to landfills through reusable thermal packaging solutions.
- The Federal Highway Administration is highlighting several climate programs, including the Carbon Reduction Program, that can help fund electrification at truck stops.
- FreightWaves hosted a virtual Net-Zero Carbon Summit where freight and supply chain experts discussed environmental progress, potential paths forward, and how a sustainable transition impacts the industry.
View replays of each session of the Net-Zero Carbon Summit here.
Read: On Earth Day, former EPA chief Whitman has a message for the shipping industry
XPO carbon offset offering
XPO’s Ship Net-Zero program allows shippers to choose which projects their carbon offsets will support, including renewable energy, methane capture from landfills or livestock, biomass fuels, energy efficiency, forestry management, industrial process emission reductions, and other initiatives. other eco-friendly.
There is much debate about the value of carbon offsets and whether they are managed well enough to deliver benefits, but offsets also provide an opportunity for transport companies to do something positive for the environment as they explore emission reduction strategies.
“We are expanding our Ship Net-Zero program to make a positive impact on today’s climate, while the transportation industry transitions to hybrid, zero-emissions heavy vehicles over time. Ship Net-Zero provides our brokerage customers with a meaningful and documented way to offset emissions from their shipping activities,” Drew Wilkerson, president of North American transportation at XPO, said in a release.
WATCH: Insights on voluntary carbon credits
CSX environmental awards
The CSX Customer Environmental Excellence Award goes to the company that converts the majority of transport from road to rail. Freight by rail is three to four times more efficient in terms of GHG emissions than moving goods by truck.
- Active Minerals International LLC.
- Amazon Logistics LLC.
- Cemex Inc.
- Georgia Pacific LLC.
- Molson Coors Beverage Co.
- Walmart Transportation LLC.
“As the most efficient and environmentally friendly mode of land transportation, freight trains represent a great opportunity for customers to reduce their carbon footprint in pursuit of sustainability goals,” Kevin Boone, CSX’s executive vice president of sales and marketing, said in the release. . “Sustainability is an important theme in our discussions with customers, who have doubled down on using the tools CSX provides to calculate the potential emission savings from switching to rail from trucks.”
Click here for more FreightWaves articles by Alyssa Sporrer.
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The FREIGHTWAVES TOP 500 For-Hire Carriers list includes XPO Logistics (No. 8).