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Amazon Buying Hundreds Of Compressed Natural Gas Trucks: Reuters

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Gary Anglebrandt
·1 min read
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Amazon.com, Inc. (NASDAQ: AMZN) has ordered more than 700 delivery trucks that run on compressed natural gas, as it tries to reduce its carbon footprint, Reuters has reported.

What Happened: A joint venture between Cummins Inc. (NYSE: CMI) and Westport Fuel Systems Inc (NASDAQ: WPRT) will supply the engines. Amazon told Reuters that it has ordered more than 700 trucks so far.

An unnamed source also told Reuters that the Cummins-Westport JV has ordered more than 1,000 engines in total.

The trucks will be used for deliveries between warehouses and distribution centers.

Why It Matters: Amazon aims to have net-zero carbon emissions across the whole company by 2040. And it aims to have 50% of all shipments be net zero by 2030.

The pandemic caused an uptick in heavy duty truck traffic, as more people and businesses relied on e-commerce and deliveries, Reuters noted. Natural gas burns about 27% cleaner than the diesel fuel used in big trucks.

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