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MedSpeed Announces "25 by 25" Electric Vehicle Commitment


News provided by

MedSpeed

Mar 31, 2023, 11:00 ET

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Healthcare logistics provider strengthens its commitment to sustainability with initiative to electrify fleet

ELMHURST, Ill., March 31, 2023 /PRNewswire-PRWeb/ -- MedSpeed, the market-leading provider of same-day transportation services to the healthcare industry, announced its new electric vehicle initiative, "25 by 25." The company has committed to convert 25 percent of its current eligible fleet to electric vehicles by the end of 2025.

"Health isn't just what happens in a doctor's office or hospital, it's about the environment around us and everything people need to live healthy lives," said Jake Crampton, CEO of MedSpeed. "MedSpeed has made a concerted effort to contribute to the health of our communities by reducing the number of miles driven, digitizing paper processes and helping our customers reduce waste. This commitment to the electrification of our fleet reflects our company values and we are super excited to take that forward."

Health isn’t just what happens in a doctor’s office or hospital, it’s about the environment around us and everything people need to live healthy lives. This commitment to the electrification of our fleet reflects our company values.

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In 2022, MedSpeed partnered with the General Motors fleet team to begin its electrification efforts. After evaluating the electric vehicle options, MedSpeed placed an initial order for 50 Chevy Bolts. Placing this order was a first strong step toward meeting the company's "25 by 25" pledge, as the order made up more than one-third of MedSpeed's eligible vehicle replacements.

"Each of the Bolt EVs we've placed in operation in California is equivalent to the annual atmospheric cleaning power of 375 mature trees," said Natalie Laackman, MedSpeed CFO. "As MedSpeed continues to add EVs into our fleet, we are making a cleaner environment for the future, reducing operational costs and contributing to a better way of life in the communities where we operate."

In addition to its electric vehicle initiative, MedSpeed continues to contribute to sustainability in other ways.

  • Smart network design -- MedSpeed's smart network design process reduces the number of miles driven by an average of 25 percent per customer
  • Reduce redundant transportation -- MedSpeed reduces redundant transportation (and other shipping) by consolidating other movements into its customers' existing routes
  • Waste avoidance -- MedSpeed's customers avoid waste from product expiration by sharing items through the connected network
  • Paperless to digital -- MedSpeed has a digital ecosystem that reduces paper consumption through paperless invoicing as well as paperless activity logging and reporting
  • Quality -- MedSpeed's leading quality rating leads to fewer unnecessary miles driven to correct errors

"Sustainability is something we all own," continued Laackman. "It's important that as a business and as leaders, we champion making a difference through authentic change. We see this as a first step in our ongoing journey."

To celebrate the first electric vehicles the company added to its fleet, in mid-January MedSpeed held an event at its San Diego hub, which has been outfitted with charging stations. The company will be adding charging stations for its expanded fleet to several other hubs around the U.S. later this year.

About MedSpeed
MedSpeed integrates healthcare organizations through the enterprise-wide movement of physical materials: specimens, pharmaceuticals, supplies and more. It transforms transportation into a strategic asset that more effectively utilizes scale, reduces risk, eliminates redundancies and centralizes services. The company has grown from a Chicago-based startup into a national enterprise with over 150 hub operations across 32 states. Its client base includes 29 of the top 100 health systems in the country. http://www.medspeed.com

Media Contact

Shawn-Laree O'Neil, MedSpeed, 1 7738020377, [email protected]

SOURCE MedSpeed

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