Lawmaker: Congress will claw back most EVs in Postal Service contract [Yahoo! Finance]
Oshkosh Corporation (Holding Company)Common Stock (OSK)
Last oshkosh corporation (holding company)common stock earnings: 4/29 06:50 am
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Source: Yahoo! Finance
electric vehicles and increase the number of carbon-emitting vehicles built under the contract. At a House Oversight Committee meeting on Tuesday, Rep. William Timmons, R-S.C., grilled Postmaster General Louis DeJoy on his decision to deviate from his original plan in 2021 to fulfill the Postal Service's Next Generation Delivery Vehicle (NGDV) contract with 90% internal combustion engine (ICE) vehicles and 10% electric vehicles to a plan closer to 70% EV and 30% ICE. “When I came [to lead the Postal Service in 2020], we needed vehicles, the purchasing department made the selection, we ordered 50,000 vehicles under a 90/10 ratio, and I said let's dip our toe to see what EVs could do for us,” DeJoy said. He had also received pushback from Democrats in Congress to align the NGDV contract, with Oshkosh Corp. [ NYSE: OSK ] subsidiary Oshkosh Defense, closer to the goals of President Joe Biden, who had issued an executive order in January 2021 to move federal fleets to zero emission.
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News
- Oshkosh Co. (NYSE: OSK) had its price target raised by analysts at Truist Financial Co. from $113.00 to $116.00. They now have a "hold" rating on the stock.MarketBeat
- Oshkosh Corporation to Showcase Breakthrough Innovations at CES for Airports, Neighborhoods and Job SitesBusiness Wire
- Oshkosh Corporation Announces Leadership Transition at Oshkosh AeroTechBusiness Wire
- Oshkosh Co. (NYSE: OSK) had its price target lowered by analysts at UBS Group AG from $129.00 to $125.00. They now have a "buy" rating on the stock.MarketBeat
- Oshkosh Corporation Named Among Best Places to Work in IT by Computerworld for Fourth Consecutive YearBusiness Wire
OSK
Earnings
- 10/30/24 - Beat
OSK
Sec Filings
- 12/17/24 - Form 4
- 12/16/24 - Form 3
- 12/2/24 - Form 8-K
- OSK's page on the SEC website