In light of the fact that the world’s largest logistics company, UPS, is strengthening its commitment to the use of LNG by constructing nine new fuelling stations, Asia World Capital Group has made statements. As part of its strategy to enhance its commitment to the uptake of liquefied natural gas, UPS has reportedly declared that it would spend fifty million dollars. This information comes from Asia World Capital Group, which is based in Hong Kong. The funds will be used to build nine more LNG fuelling stations, bringing the total number of stations to thirteen. The purpose of the extra fuelling infrastructure is to provide support for the operation of about one thousand LNG rigs owned by UPS, which will eliminate the need for twenty-four million gallons of diesel fuel each year. An alternative energy expert from Asia World Capital Group said that the United States Postal Service (UPS) has been using LNG cars for more than ten years, and throughout that period, they have resulted in significant cost savings due to the reduced pricing of the fuel. What is really required is for a greater number of businesses to follow their lead in order to demonstrate to the broader market that the shift to alternative fuels is now underway. David Abney, the Chief Operating Officer of UPS, said that the installation of the LNG fuelling stations constituted a “sound future investment.” This is due to the fact that cars are responsible for around 35 percent of the company’s carbon footprint. United Parcel Service (UPS) has one of the biggest private alternative fuel fleets in the logistics business, with more than 2,700 trucks that run on alternative fuels and innovative technologies. All-electric, hybrid electric, hydraulic hybrid, compressed natural gas (CNG),liquefied natural gas (LNG), liquid propane gas (LPG), biomethane, and lightweight fuel-saving composite body cars are included under its scope. Asia World Capital Group has a number of stocks featuring prominently on its conviction buy list that are associated with alternative energy and biofuels. The company also states that it anticipates the adoption of alternative energy by businesses as well as consumers to increase exponentially over the course of the next ten years. Concerning the Asia World Capital Group Inc. Bringing quality concerns to institutions, small and medium-sized enterprises (SME), and individual customers is the area of expertise of Asia World Capital Group, which is a firm that specializes in investment banking advisory, trade, and corporate finance. Their network of seasoned professionals gives their customers access to a wide variety of trade financing products, financial instruments, investment banking services, opportunities for pre-IPO and initial public offerings, investments in global stock markets, and high-quality professional advice to assist them in moving their businesses forward. Your objectives may be accomplished with the assistance of Asia World Capital Group by using their extensive network of affiliates, their great knowledge, and a variety of financial instruments. For further information, please contact the Asia World Capital Group Roger Bowden Room 2006-7, which is located in Tower Two of the Lippo Centre at 89 Queensway, Admiralty, Hong Kong. +85258084007 http://www.asiaworldcap.com info@asiaworldcap.com information@asiaworldcap.com
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