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Stock impact report

Exclusive-Trump may cancel US Postal Service electric mail truck contract, sources say [Yahoo! Finance]

Oshkosh Corporation (Holding Company)Common Stock (OSK) 
Last oshkosh corporation (holding company)common stock earnings: 4/29 06:50 am Check Earnings Report
Company Research Source: Yahoo! Finance
contracts to electrify its delivery fleet, as part of a broader suite of executive orders targeting electric vehicles, according to three sources familiar with the plans. The move, which could be unveiled in the early days of Trump's administration that begins on Jan. 20, is in line with Trump's campaign promises to roll back President Joe Biden's efforts to decarbonize U.S. transportation to fight climate change – an agenda Trump has said is unnecessary and potentially damaging to the economy. Reuters has previously reported that Trump is planning to kill a $7,500 consumer tax credit for electric-vehicle purchases, and plans roll back Biden's stricter fuel-efficiency standards. The sources told Reuters that Trump's transition team is now reviewing how it can unwind the postal service's multi-billion dollar contracts, including with Oshkosh Corp. and Ford, for tens of thousands of battery-driven delivery trucks and charging stations. Oshkosh shares fell by roughly 5% to 105.65 Show less Read more
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