Quantcast

FedEx expands EV operations in South Korea

Airline Stocks Led The Travel Industry's Record 2024 Rally. Here's What's Next.
It’s beginning to look like another record for holiday travel
Qantas engineers walk off job on one of the busiest travel days of the year
South Korea to safeguard competition after Korean Air, Asiana merger
China Southern returns to Adelaide
Global Airline Industry Revenues Forecast To Top $1 Trillion For First Time In 2025
EasyJet to launch six new routes from the UK next year with £24 flights
Here's Why Analysts Say It's a Good Time to Buy Airline Stocks
A No-Frills Airline Is Getting Into the Premium Game
TAKING OFF: Major airline introduces new inflight service rules with less time to order your drinks
2 Delta flight attendants fail breathalyzer test before flight to JFK
EasyJet reveals plans for new flights from regional UK airport next summer
Airlines not switching quickly enough to green jet fuel, study says
Alaska Airlines tech issue briefly grounds planes in Seattle, disrupts bookings on Cyber Monday
US Senate panel criticizes rising airline seat fees, will call execs to testify
Spirit’s Demise Is a Lesson in ‘Airline-o-nomics’
Inside BA’s new first-class suites: £800 an hour for most private seat
Focus: US airline flight crews confident and angry as unions seek richer contracts
Hawaiian Airlines Eliminates Widebody Route Amid Alaska Airlines Merger
US budget airlines are struggling. Will pursuing premium passengers solve their problems?
Delta CEO says the Trump administration will reverse government ‘overreach’ seen under Biden
Spirit Airlines files for bankruptcy: How will it affect your travel plans?
British Airways yet to identify cause of latest IT meltdown
Delta Airlines Will Start Serving Shake Shack Cheeseburgers Next Month
United Sees Nearly 30% Surge in Travel to European Christmas Markets
Budget airline Israir to launch flights between Israel and NY, ending wartime monopoly by flagship carrier El Al
Asia's airlines blame supply chain woes for disrupted operations
Qantas and Qatar Airways: Planned partnership in the Australian aviation industry under the microscope
Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat up
Delta investigating after plane’s nose mysteriously suffered damage
FedEx expands EV operations in South Korea
Policy
Webp gr63fcr3ch90xb7f4y6z4ll96z9c
Frederick W. Smith FedEx Corporation Founder and Executive Chairman | FedEx

서울, 대한민국 – FedEx Corporation has completed the first phase of its electric vehicle transition in South Korea. This marks a significant milestone towards the company's global goal of converting all pickup and delivery vehicles to electric by 2040 to achieve zero emissions.

FedEx introduced six electric vehicles in January and recently added 13 Hyundai ST1 electric trucks. These vehicles are operating in commercial and residential areas, including major regions such as Gangnam, Jongno, Sangam, Seongdong, and Yongsan in Seoul.

The new fleet features a one-ton load capacity and can travel up to 317 kilometers on a full charge. According to FedEx's operational data, each electric vehicle is expected to reduce greenhouse gas emissions by approximately 4.5 metric tons annually compared to similar diesel vehicles.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

To support the expanded use of electric vehicles, FedEx has installed charging infrastructure with eight chargers at its Sangam office and four at its Gimpo office.

“Transitioning to electric vehicles is essential for reducing environmental impact,” said Park Won-bin, Managing Director of FedEx Korea. “This expansion demonstrates our commitment to reducing carbon emissions and realizing a more sustainable future with our communities. We will continue investing in smart and sustainable logistics solutions for a cleaner and more resilient future.”

FedEx aims for carbon-neutral operations worldwide by 2040 through various sustainability initiatives beyond adopting electric vehicles. These include aircraft modernization, alternative fuels like Sustainable Aviation Fuel (SAF), fuel reduction strategies, energy-efficient facility designs, and scientific research into nature-based carbon removal methods.

Through operational efficiency initiatives centered around aviation, FedEx achieved a 6.1% reduction in direct emissions (Scope 1) from fiscal year 2023 to fiscal year 2024. The company also signed an agreement at Los Angeles International Airport (LAX) for over three million gallons of blended SAF over one year.

Additionally, FedEx launched FedEx Sustainability Insights—a cloud-based tool providing past carbon emission data on shipments within the FedEx network—to help customers manage their carbon footprint and develop sustainability strategies effectively.

Organizations Included in this History
More News

Flying Food Group has highlighted the importance of its Corporate Treasury Team in managing financial resources.

Jul 26, 2025

Eurowings has been recognized as one of the top airlines in Europe, according to a study by the consumer portal Flightright.

Jul 25, 2025

American Airlines is set to reintroduce its Boeing 777-200ER aircraft for domestic flights between New York's John F. Kennedy International Airport (JFK) and Los Angeles International Airport (LAX) this fall.

Jul 25, 2025

Southwest Airlines is in the process of introducing extra-legroom seats across its fleet, with about 25% of its planes now featuring these new rows.

Jul 25, 2025

The Ethiopian Airlines Group recently marked a significant milestone with the inauguration of its expanded Maintenance, Repair, and Overhaul (MRO) facilities.

Jul 25, 2025

Martha Arauz is the Human Resources Manager at Flying Food Group's LAV facility, where she is dedicated to promoting a positive work environment.

Jul 25, 2025