Covenant Logistics Receives U.S. EPA 2024 SmartWay Excellence Award
26 Setembro 2024 - 1:02AM
Covenant Logistics was honored to be awarded the SmartWay®
Excellence Award from the U.S. EPA (Environmental Protection
Agency) as a true industry leader in supply chain performance and
energy efficiency, confirming they are within the top 1% of freight
carriers based on emissions. In their most recent CSR (Corporate
Social Responsibility Report), Covenant Logistics highlighted one
of their more significant decarbonization investments: a
partnership with eAPU (electric auxiliary power unit) provider,
DClimate. The eAPU allows professional drivers to maintain interior
climate conditions and use most personal electronics without having
to idle the engine to provide electricity. Their eAPUs can reduce
idling by 2,220 hours annually, saves 1.76 million gallons of fuel
per 1,000 trucks, and cut CO2 emissions by 31.68 million pounds per
1,000 trucks. Fleetwide adoption of the eAPU is an important part
of Covenant Logistics overall decarbonization strategy.
"We're incredibly proud to receive the SmartWay Excellence
Award, as it underscores Covenant's commitment to the reduction of
corporate impact on the environment," said Matt McLelland, VP of
Sustainability and Innovation at Covenant. "Our partnership with
DClimate is just one example of how we are actively working to
reduce our environmental footprint and improve the driver
experience while at the same time improving operational efficiency.
The eAPUs have been a game-changer for our fleet."
Covenant was one of 29 truck carriers to receive this
distinction, representing the best environmental performers of
SmartWay's more than 4,000 Partners. This year's
awards were announced at a virtual press event hosted by the EPA
with its SmartWay Partners, key stakeholders and media in
attendance.
"For 20 years, the SmartWay Transport Partnership has worked
together with stakeholders in the freight industry to find
innovative ways to reduce pollution from goods movement," said
Joseph Goffman, EPA Assistant Administrator of Air and Radiation.
"We commend the innovation, drive, and collaborative spirit of our
partners whose efforts are helping to meet the challenge of climate
change and to create a healthier environment for us all."
About CovenantCovenant Logistics Group, Inc.,
through its subsidiaries, offers a portfolio of transportation and
logistics services to customers throughout the United States.
Primary services include asset-based expedited and dedicated
truckload capacity, asset-light warehousing, transportation
management, and freight brokerage capabilities. In addition,
Transport Enterprise Leasing is an affiliated company providing
revenue equipment sales and leasing services to the trucking
industry. Covenant's Class A common stock is traded on the NYSE
under the symbol "CVLG."
About Food LogisticsEPA's SmartWay Transport
Partnership is an initiative that empowers businesses to move goods
in the cleanest, most energy-efficient way possible, while
protecting public health and reducing air pollution. Demonstrating
a commitment to corporate sustainability through SmartWay provides
for a more competitive business environment, while enabling
partners to make freight decisions that have a positive impact on
efficiency and the environment. Since 2004, SmartWay Partners have
avoided emitting more than 162 million metric tons of CO2, 2.8
million tons NOX, and 114,000 short tons PM, while saving $52.3
billion in fuel costs and 379 million barrels of oil -- equivalent
to eliminating annual energy use in over 25 million homes.
For more information on SmartWay, please visit:
www.epa.gov/smartway/
Media Contact:Angie
Harrison+1.423.463.3291
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c2cf2579-044b-4830-916a-95f435f14e97
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