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Quick Hits: Brown Goes Green


Brief Scrutiny of Today's Headlines

In 2005, UPS (UPS) was the recipient of an $18 million bill from New York City. For parking infractions.

That's why the shipper's order of 200 hybrid electric and 300 compressed natural gas vehicles -- at an estimated cost of $15 million -- is raising eyebrows and questions of priority in environmental circles. It currently lags competitor FedEx (FDX), which was the first to invest in hybrid vehicles in 2003.

But it's a start.

According to, the hybrids are expected to save the shipper 176,000 gallons of fuel and reduce carbon dioxide emissions by 1,786 metric tons -- the equivalent of taking 100 of its 100,000 conventional trucks off the road -- annually.

Imagine the reduction in size of UPS' carbon footprint if it could just outwit NYPD traffic cops.

For more on the UPS-FedEx rivalry, check out Hoofy & Boo's always astute report:

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