OIL - Hexagon Agility renews master service agreement with UPS and receives new fuel system orders for UPS' heavy duty renewable natural gas trucks | Benzinga
OSLO, Norway, May 16, 2024 /PRNewswire/ -- Hexagon Agility, a business of Hexagon Composites, signed a 3-year extension of its master services agreement with UPS in February 2024 to supply renewable natural gas (RNG) fuel systems for medium- and heavy-duty trucks. UPS is the world's premier package delivery company and a leading provider of global supply chain management solutions.
Under the extended agreement, Hexagon Agility has received new orders totaling USD 57.7 million (approx. NOK 620 million) for delivery of RNG fuel systems for heavy-duty trucks. The orders include trucks utilizing the new 15-liter (X15N) natural gas engine.
"In the past decade Hexagon Agility has supported the deployment of over 100,000 near-zero emission vehicles globally," said Eric Bippus, EVP of Sales and System Development at Hexagon Agility. "UPS has been a pioneer in sustainable transportation. Once again, they are taking the lead and are among the first companies enhancing their fleet with the game-changing X15N engine and our fuel systems."
RNG in heavy-duty transport results in ...