Globally, Compressed Natural Gas (CNG) is anticipated to reach 129.77 Billion by 2020. Truck manufacturing companies are scrambling to offer their version of CNG Fleet vehicles to fill the immediate need in the logistics and transportation industries.
Adding CNG trucks to your fleet no matter how big or small can have a tremendous impact on your company’s bottom line. Companies of all sizes from global giants like UPS to small business operations are reaping the benefits from using CNG trucks in their day-to-day operations with federal and state tax rebates, capped fuel pricing, and reduced maintenance on CNG vehicles.
Several companies produce CNG fuel vehicles such as: Peterbilt, Freightliner, Kenworth, Mack Volvo, Isuzu Ford, Dodge, and Chevrolet. These truck manufacturers offer a diverse range of trucks from light to heavy duty trucks. These CNG vehicles help companies meet corporate, municipal, financial, energy and environmental energy sustainability goals.
Companies like American CNG Energy’s, OPIS Energy, offer fixed fuel pricing allowing companies to forecast savings three to five years down the line. CEO Julio Macedo stated, “The market for CNG is continuing to grow as more and more truck fleets are converting to cleaner alternative fuels. We plan to further this movement by expanding our CNG business drastically within the next five years, with plans to build another 20 stations throughout Florida, Georgia, Texas and California.”
Companies are saving money by acquiring natural gas vehicles to their fleet line up. Major companies have made the switch like Fedex, UPS, Anheuser-Busch, Saddle Creek Corp., AT&T, Waste Management, and many others.