For the ninth consecutive year, UPS and its employees have led the nation in supporting the annual United Way campaign.
With more than 249,000 individuals participating, UPS employees and retirees pledged more than $53 million to United Way during this year's campaign, more than any other participating company. UPS's matching contribution, to be determined early next year by The UPS Foundation, is expected to push UPS's total donation for 2008 over $60 million.
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As part of a public-private partnership to increase the commercial availability and use of alternative fuel vehicles, UPS announced its first purchases of a little-known technology the hydraulic hybrid vehicle that promises dramatic fuel savings and environmental benefits.
The technology, originally developed in a federal laboratory of the Environmental Protection Agency, stores energy by compressing hydraulic fluid under pressure in a large chamber. UPS was the only company in its industry asked to road-test the technology two years ago and now becomes the first delivery company to place an order for hydraulic hybrid vehicles (HHV).
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