PicksThatMove: MeadWestvaco Corporation (NYSE:MWV) We have picks that move!
Jun 18, 2009 (M2 PRESSWIRE via COMTEX) --
Company: MeadWestvaco Corp. (MWV)
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Today's news alerts include: MWV Joins EPA SmartWay Transport Partnership
Company's Efficient Transportation Program Supports Sustainability Efforts
RICHMOND, Va., Jun 18, 2009 -- MeadWestvaco Corporation (NYSE:MWV) has been recognized by the U.S. Environmental Protection Agency (EPA) as a SmartWay(SM) Transport Partner. This innovative program brings the EPA, freight industry and shippers together to increase energy efficiency by reducing greenhouse gas emissions and fuel consumption associated with ground transportation.
Becoming a SmartWay Transport Partner establishes sustainability goals in ground transportation for member companies. For example, Transport Partners commit to shipping at least 50 percent of their goods with carriers who are also members of the program. Since joining the program in 2008, MWV has exceeded this goal by shipping 96 percent of its goods with certified carriers.
"At MWV, we incorporate sustainability into the entire supply chain," said Chris Osen, vice president of Supply Chain Management for MWV. "MWV is proud to be a member of this important program, which reflects our commitment to reducing emissions and supports a streamlined transportation approach. Further, by being a trusted partner in sustainability, we help our customers deliver on their sustainability promises."
MWV has set aggressive SmartWay goals for 2009, including:
-- Increasing the amount of freight shipped with SmartWay certified carriers.
-- Changing the way ground transportation metrics are tracked and reported from pounds to tons/mile.
-- Integrating SmartWay certification into the bidding process.
-- Implementing "No Idling" policies with carriers.
-- Increasing intermodal shipments and taking trucks off the road. The company has already reported reductions to transportation-related environmental impact by switching from trucks to rail. For example, MWV's Covington, Va., facility has taken more than 400 trucks per month off of Virginia's roads as part of this program.
For more information on stewardship and sustainability at MWV, please visit www.mwv.com.
About MWV
MeadWestvaco Corporation (NYSE:MWV), provides packaging solutions to many of the world's most-admired brands in the healthcare, personal and beauty care, food, beverage, media and entertainment, and home and garden industries. The company's businesses also include Consumer & Office Products, Specialty Chemicals, and the Community Development and Land Management Group, which sustainably manages the company's land holdings to support its operations, and to provide for conservation, recreation and development opportunities. With 22,000 employees worldwide, MWV operates in 30 countries and serves customers in more than 100 nations. MWV manages all of its forestlands in accordance with internationally recognized forest certification standards, and has been named to the Dow Jones Sustainability World Index for the fifth consecutive year. For more information, please visit www.mwv.com.
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Company: MeadWestvaco Corp. (MWV)
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