With over 1,000 pure-electric Class 8 terminal trucks already operational in terminals nationwide for the past eight years, Orange EV has solidified its position as a leading provider of electrified yard trucks, catering to the diverse needs of the food distribution and logistics industries.
“CTL and Orange EV share a commitment to support fleets across various industries in their pursuit of zero-emission solutions. Our collaboration is driven by the increasing demand for electric trucks like the Orange EV e-TRIEVER,” stated Corey Eisen, Vice President of CTL. “Orange EV has emerged as a leader in the electric yard truck space, and we are excited to partner with them to meet the growing customer demand for electric vehicle (EV) transportation.”
Beyond the environmental advantages, CTL and Orange EV anticipate substantial cost savings for fleets, projecting potential savings ranging from $20,000 to $90,000 per truck annually. These savings are attributed to the reduced fuel and maintenance costs associated with electric trucks. Additionally, electric yard trucks like the e-TRIEVER contribute to operational efficiency, resulting in decreased downtime and lower operator turnover costs.
“As we expand our leasing offerings within the electric vehicle asset class, our partnership with Orange EV aligns with our commitment to provide sustainable and cost-effective transportation solutions,” added Eisen.
CTL, recognized as a full-service truck and trailer lessor boasting a fleet exceeding 55,000 trailers, remains one of the largest operations of its kind in the United States. The collaboration with Orange EV underscores the industry's broader shift toward eco-friendly and economically viable transportation alternatives.