Cincinnati-based electric vehicle-maker Workhorse Group, which was a finalist for the multi-billion dollar postal service contract but whose all-electric offering was passed over, now appears to be the heir apparent to the deal, though there’s no guarantee the contract would go to Workhorse, Reuters reported.

2021-02-25

It will purchase about 180,000 vehicles will be purchased over five to seven 2020-12-03 · The USPS is in the process of replacing its iconic yet aging white right-hand-drive delivery trucks and Workhorse is the only contract bidder left offering an all-electric option. Overall, three 2021-03-04 · Missing out on the USPS contract had sent Workhorse's stock plunging 47.5% on Feb. 23 to $16.46, and the stock has lost another 18.2% since then, putting it on track for the lowest close since June Workhorse shares lost nearly half their value on Feb. 23 after USPS said it would award Oshkosh Defense, a unit of Oshkosh Corp, the 10-year contract. Workhorse shares rose 7.2% Monday to $17.34 on 2021-01-26 · In winning the USPS contract, Workhorse will cement itself as a viable leader in the electric delivery van market. At the same time, thanks to the USPS partnership, Workhorse will likely be able to 2021-03-12 · The contract is worth nearly $6 billion, and Workhorse was long considered the favorite before the decision came down on Feb. 23.

Workhorse usps contract

In winning the USPS contract, Workhorse will cement itself as a viable leader in the electric delivery van market. At the same time, thanks to the USPS partnership, Workhorse will likely be able to A particular prospect that raised its share price from less than $2 in March to more than $40 this month was its bid for a big contract from the United States Postal Service to start replacing the Workhorse shares are down nearly 50 percent after losing the deal for a new fleet contract with the USPS. Frank Holland joins 'Closing Bell' to report. WASHINGTON — Lordstown Motors isn't fazed by Tuesday's announcement that its affiliate and part-owner Workhorse Group was passed over for a multi-billion-dollar U.S. Postal Service contract.

News • Mar 29, 2021. Hedge fund manager Bill Ackman says capitalism is 'the most powerful potential source' for solving society's problems, touts ESG investing 2021-02-24 · Workhorse, a small truck maker said he was shocked that the company wasn’t given part of the contract. “We had anticipated Workhorse would play a role, USPS.

Specifically, much of the hype surrounding Workhorse stock in 2020 has centered around the company winning a 165,000 unit, $8.1 billion contract with the Untied States Postal Service (or USPS).

WKHS – Will They Secure The USPS Contract!? Jul 14, 2020104 views. USART USC/M USCG USDA USG/M USIA USMC USN USO USP USPS USS contraband/MS contrabass/M contraception/SM contraceptive/S contract/GD workday/MS worker/M workfare/S workforce/S workhorse/SM workhouse/SM Real local trucking company specialising in big construction contracts and heavy If the W900B is the workhorse of Kenworth's North American fleet, the USPS.

The Ratings Game: Workhorse stock falls again as shock USPS contract loss prompts a downgrade, price target cut · 24 februari, 2021 0

Talk about a big ticket, this contract is worth $6.3 Billion and 180,000 el WASHINGTON — Lordstown Motors isn't fazed by Tuesday's announcement that its affiliate and part-owner Workhorse Group was passed over for a multi-billion-dollar U.S. Postal Service contract.

The Workhorse Group and VT Hackney team competing for the multi-billion-dollar U.S. Postal Service mail truck contract has broken up. Workhorse Group, a Ed Burman USPS contract. It's done. WKHS is out, OSK is in.…Visa mer. 1. · 12 tim.
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The massive selling in WKHS stock came after the electric delivery van maker lost a multi-billion dollar U.S. Postal Service (USPS) contract to rival, Oshkosh Corp. USPS Contract. USPS was selecting a company to contract with for its future delivery vehicles. Workhorse Group was one of the top four finalists being eyed by USPS for the ten-year contract.

The winner [OSK] finished up 7%. For comparison, the S&P 500 gained 0.1%. USPS Contract.
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2021-02-26

2021-03-08 · Workhorse officials indicated late last week the company could take other action to try to get part of the USPS contract. They met Wednesday with USPS representatives to talk about the contract and 2021-03-09 · Mar 9th 2021 at 9:30AM 0 Comments Workhorse Group rose as a House panel made plans to examine the U.S. Postal Service’s awarding of a blockbuster truck-building contract to Oshkosh Corp. and 2021-02-23 · Electric-vehicle maker Workhorse Group Inc. plunged on Tuesday, triggering multiple trading halts, after a key U.S. Postal Service contract that some had expected it to win went to rival Oshkosh 2021-02-25 · Shares of Workhorse Group Inc. kept falling Wednesday, extending the previous session’s near-record plunge, amid disappointment over losing out on the U.S. Postal Service delivery trucks contract Workhorse, of course, wants to overturn the award made to truck maker Oshkosh (OSK) or, at least, win part of the yearslong, multibillion-dollar contract. Figuring out if Workhorse will be 2021-02-24 · Oshkosh beats Workhorse for USPS contract, new vehicles may use fossil fuel powertrains Posted February 24, 2021 by Charles Morris & filed under Newswire , The Vehicles .

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USPS was selecting a company to contract with for its future delivery vehicles. Workhorse Group was one of the top four finalists being eyed by USPS for the ten-year contract. The contract is estimated to be worth $6.3 billion. USPS announced on February 23, 2021, that it had awarded the ten-year contract to Oshkosh Defense. 2021-03-08 · Why Workhorse Group Stock Jumped 30% Today The company may have gotten more help over the weekend in its fight for a USPS truck contract.