Prysmian Group, an energy and telecom cable manufacturer with North American headquarters in Lexington, has joined the SmartWay Transport Partnership, a collaboration with the U.S. Environmental Protection Agency that aims to improve freight transportation efficiency.
Launched in 2014, SmartWay measures the impact of global supply chain movement on the environment and public health. With freight activity growing by more than 50% between 1990 and 2013 and expected to nearly double again by 2040, corporations are looking to streamline shipping operations to use less fuel and generate less pollution.
The voluntary, public-private partnership has grown to more than 3,500 members. Since its inception, the program’s partners have saved more than 196.5 million barrels of oil, lowered fuel costs by $27.8 billion and reduced air pollutant emissions by 94 million tons.
“Around the world, Prysmian Group is committed to protecting and conserving natural resources for our customers, our environment and our business,” said Hakan Ozmen, CEO of Prysmian Group North America. “This SmartWay partnership will help us set and improve supply chain sustainability as we continue to implement sustainable practices throughout our organization.”
Last year, Prysmian Group North America partnered with Transplace, a third-party logistics provider, to optimize transportation management and improve supply chain visibility.