All of us in supply chain management rely on a network of global freight carriers. In March I had the opportunity to conduct a video interview with Dave Kevern, vice president, World-Wide Services at FedEx.
My questions to Dave ranged from the major challenges faced by the transportation carrier industry to the global need for effective risk management strategies. To each of these questions Dave responded with clarity and detail. For example, on the issue of environmental sustainability, Dave indicated that FedEx has a goal to obtain 30 percent of its jet fuel from alternative sources by 2030. And on the subject of fuel costs, Dave did not mince words when he elaborated on the potential alternative fuels have for ending oil's “stranglehold on the transportation sector.”
I would like to thank Dave for sharing his insights on the world of transportation and encourage you to watch this video.
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What alternative is there to jet fuel for running a jet engine? Or do you mean he will use another form of transport other than jets?
@Gerry, thanks for sharing this video. I am glad to know that FedEx is trying to reduce the aircraft emissions by 30%. I am curious to know what plans do they have to achieve this target ? What other alternative fuels are they considering ?
That is great news but what other means of transportation could be employed to achieve this target?
Dependency on oil for powering those engines has been a subject of debates over the years, we are still at the same point. There's a challenge in getting a viable and relaible source for the alternatives coupled with confidence in financing/funding of them no growing.
Any other means probably faster transporting than jets? I would say its replacement not on the sight in decades.
@Adeniji, i hope you factored in time-to -market syndrome of OEM sector, especially.
For just about every company, transportation is a huge part of the cost. For the transportation company, fuel is the biggest cost. So it makes all the sense of the world to try to look for alternative fuel options. What percentage does it represent?