UPS Expands Alternative-Fuel Fleet 32% With 1,000 Propane Trucks

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United Parcel Service Inc. said it will spend $70 million to buy 1,000 delivery trucks powered by propane and build 50 fueling stations as it expands one of the largest private alternative-energy fleets in the U.S.

The trucks will replace gasoline- and diesel-powered vehicles in rural areas of Louisiana and Oklahoma, with future expansion to other states, according to plans the Atlanta-based company will make public later today. Propane is cheaper and burns cleaner than those traditional fuels.