April 25, 2013
News
Can reducing environmental impact generate significant financial rewards? For Caterpillar, the proof is in the profits
Lately it seems passenger vehicles, not freight trucks, are in the sustainability fast lane. In August 2012, the Obama administration announced strict new fuel economy standards for cars and light trucks. By 2025, passenger vehicles sold in the United States are projected to get 54.5 miles per gallon, on average. But, while passenger vehicles progressively benefit from technology that cuts emissions even as activity increases, freight is getting left behind.
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