Breakthrough Collaboration with Schneider
Marks Critical Step Forward in Reducing Company's Scope 3
Emissions
PLANO,
Texas, April 13, 2023 /PRNewswire/
-- Frito-Lay North America (FLNA) today announces its
first-ever third-party shipment on an electric vehicle with
Schneider National Inc. (NYSE: SNDR), a premier multimodal provider
of transportation, intermodal and logistics services. This is the
first third-party transportation shipment on an electric vehicle
(EV) for PepsiCo globally and establishes FLNA and its beloved
snack products as the first to contract transport on Schneider's
electric truck fleet of Freightliner eCascadias.
"Today's milestone shipment underscores the importance of
cross-industry collaboration in building a more sustainable food
system and achieving Frito-Lay and PepsiCo Positive's goal of
net-zero emissions by 2040," said David
Allen, vice president and chief sustainability officer,
PepsiCo Foods North America. "As a company with massive scale,
Frito-Lay looks for opportunities to create positive change – but
we can't do it alone. By working with Schneider, we are taking an
important step forward in our efforts to reduce value chain
emissions and move our snack products in a more sustainable
way."
An emissions reduction of more than 70 percent1 is
expected this year from the initial EV routes, versus the same
shipments on diesel trucks, which is equivalent to eliminating more
than 180,000 miles driven by gasoline-powered passenger
vehicles2 from the road. Initial shipments on
Schneider's growing Freightliner eCascadia fleet will be intermodal
inbound and outbound dray moves in southern California, including service to Frito-Lay's
Rancho Cucamonga distribution
center.
"As we roll out our fleet of almost 100 new battery electric
trucks, we're thrilled to offer a cleaner mode of freight
transportation to valued customers like Frito-Lay, who share our
goal of operating in ways that are environmentally responsible,"
said Rob Reich, executive vice
president and chief administrative officer, Schneider. "For
decades, we have been committed to improving sustainability at
Schneider, and we're proud to now be able to positively impact our
customers' operations as well. Working together, we are decreasing
the carbon footprint of shipments in southern California and making a positive
difference."
Frito-Lay and PepsiCo's commitment to net-zero emissions by 2040
is guided by PepsiCo Positive (pep+), an end-to-end transformation
that puts sustainability at the center of how the company will
create growth and value by operating within planetary boundaries.
With third-party transportation and distribution forming 20 percent
of PepsiCo's emissions footprint, collaboration with partners from
whom these emissions originate is critical. Frito-Lay's partnership
with Schneider lays important groundwork for an expansion of low-
or zero-emissions vehicle use within its third-party transportation
footprint.
Within its company-owned fleet, Frito-Lay is also making
significant advancements. Among them is the recent transformation
of one of Frito-Lay's largest manufacturing facilities, located in
Modesto, Calif., as the first to
implement site-wide alternative fuel vehicles. To serve the
company's hometown market of Dallas-Fort
Worth, Frito-Lay also introduced 40 100% electric,
zero-emissions route trucks in 2022.
To learn more about pep+ and progress towards net-zero goals,
visit PepsiCo.com/PepsiCoPositive.
About Frito-Lay North America
Frito-Lay North America is the
$23 billion convenient foods division
of PepsiCo, Inc. (NASDAQ: PEP), which is headquartered in
Purchase, NY. Frito-Lay snacks
include Lay's and Ruffles potato chips, Doritos and Tostitos
tortilla chips and branded dips, Cheetos snacks, Stacy's pita
chips, PopCorners popped-corn snack, SunChips multigrain snacks and
Fritos corn chips. The company operates 30+ manufacturing
facilities across the U.S. and Canada, more than 200 distribution centers and
services 315,000 retail customers per week through its
direct-store-delivery model. Learn more about Frito-Lay at the
corporate website, www.fritolay.com, on Twitter (@fritolay), on
Instagram (@fritolay) and on Facebook (Frito-Lay).
About Schneider National
Schneider is a premier multimodal provider of transportation,
intermodal and logistics services. Offering one of the broadest
portfolios in the industry, Schneider's solutions
include Regional and Long-Haul Truckload,
Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing,
Supply Chain Management, Port Logistics and Logistics
Consulting.
With $6.6 billion in annual
revenue, Schneider has been safely delivering superior customer
experiences and investing in innovation for over 88 years. The
company's digital marketplace, Schneider
FreightPower®, is revolutionizing the industry giving
shippers access to an expanded, highly flexible capacity network
and provides carriers with unmatched access to quality
drop-and-hook freight – Always Delivering, Always Ahead.
For more information about Schneider, visit Schneider.com
or follow the company socially on
Facebook, LinkedIn and Twitter: @WeAreSchneider.
Cautionary Statement
Statements in this release that are "forward-looking statements"
are based on currently available information, operating plans and
projections about future events and trends. Terminology such as
"aim," "anticipate," "believe," "drive," "estimate," "expect,"
"expressed confidence," "forecast," "future," "goal," "guidance,"
"intend," "may," "objective," "outlook," "plan," "position,"
"potential," "project," "seek," "should," "strategy," "target,"
"will" or similar statements or variations of such words and other
similar expressions are intended to identify forward looking
statements, although not all forward-looking statements contain
such terms. Forward-looking statements inherently involve risks and
uncertainties that could cause PepsiCo's actual results to differ
materially from those predicted in such forward-looking statements.
Such risks and uncertainties include but are not limited to: damage
to PepsiCo's reputation or brand image; water scarcity; disruption
of PepsiCo's manufacturing operations or supply chain, including
increased commodity, packaging, transportation, labor and other
input costs; climate change or measures to address climate change;
failure to comply with applicable laws and regulations; and
potential liabilities and costs from litigation, claims, legal or
regulatory proceedings, inquiries or investigations..
For additional information on these and other factors that could
cause PepsiCo's actual results to materially differ from those set
forth herein, please see PepsiCo's filings with the Securities and
Exchange Commission, including its most recent annual report on
Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors
are cautioned not to place undue reliance on any such
forward-looking statements, which speak only as of the date they
are made. We undertake no obligation to update any forward-looking
statement, whether as a result of new information, future events or
otherwise.
1 Percentage determined through comparison of
expected mileage in 2023.
2 Equivalency sourced from U.S. Environmental Protection
Agency's Greenhouse Gas Equivalencies Calculator. Passenger
vehicles are defined as 2-axle 4-tire vehicles, including passenger
cars, vans, pickup trucks, and sport/utility vehicles.
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SOURCE Frito-Lay North
America