Electric car startup Workhorse files formal protest after Failed to win the bid The contract could eventually be worth about $6 billion to build the U.S. Postal Service’s next-generation mail vehicle in February. The USPS instead gave the contract to defense contractor Oshkosh.

Did workhorse get a USPS contract?

WASHINGTON, June 16 (Reuters) – Electric vehicle company Workhorse Group (WKHS. It allows delivery of 50,000 to 165,000 hybrid and battery electric vehicles over 10 years. …

Who won the USPS contract?

Oshkosh Corp. in Wisconsin Won a contract for the Postal Service’s next-generation delivery vehicle. The contract is flexible, but it calls for Oshkosh to produce as many as 165,000 vehicles over the next decade. The contract was announced in February.

Did WKHS win the USPS contract?

Last week, Loveland, Ohio-based Workhorse was awarded the Postal Service 10-year contract, initial value of $482 million to Wisconsin. Oshkosh produces military vehicles, fire engines and ambulances.

Why didn’t Workhorse get a USPS contract?

this unattended vehicle Then roll down the slope into the ditch. « Not only has the USPS failed to acknowledge apparent driver error, it has dishonestly placed the blame on Workhorse, and it has seized on the incident as a ‘descendant’ reason for its inability to award the contract to Workhorse, » the company said.

That’s why WORKHORSE (WKHS) will win the USPS contract! ! ! (Oshkosh exposure)

40 related questions found

Is WKHS a good stock to buy?

The financial position and growth prospects of WKHS, demonstrating its underperforming market. It currently has a Growth Score of F. Recent price changes and earnings forecast revisions suggest this would be a good stock for momentum investors with a Momentum Score of A.

How many miles does a USPS truck get?

They are called « Long Life Vehicles ».But with 402,000 miles On the odometer, a delivery vehicle is single-handedly redefining the term.

Why did the USPS choose Oshkosh?

WASHINGTON (AP) — The U.S. Postal Service said Tuesday that it has chosen Oshkosh Defense to build its next-generation mail delivery vehiclepart of an effort to make the USPS greener by converting a portion of its vast fleet to electric vehicles.

Who will get the USPS vehicle contract?

The six selected suppliers include AM General, Karsan, Mahindra, Oshkosh, Utilimaster and VT Hackney The contract award value is $37.4 million. Suppliers may also cooperate or subcontract with other suppliers at their discretion, and some are expected to do so to develop finished prototypes.

Will major stocks rise?

Will Workhorse Group’s share price go up/up/up? yes. Shares of WKHS can range from $7.510 to $15.420 a year.

Who is bidding for USPS contracts?

The U.S. Postal Service awarded Tuesday Oshkosh Defense Contract with the government to build the first large modern transport fleet in 30 years. Ford Motor Company may also own part of the contract.

How soon can USPS deliver packages?

How late does USPS deliver mail and packages each day?Based on information obtained directly from the U.S. Postal Service, the « standard » delivery window for mail delivered by USPS officers will be 8am to 5pm daily.

How do I get a USPS contract?

To register your organization, visit the USPS eSourcing website.

1. After you register your organization, USPS will contact you about possible contract opportunities.
2. If you win the contract, USPS will contact you with further instructions on how to proceed.

Who will build the new USPS truck?

Oshkosh to ship new delivery vans to USPS, albeit ford Will be the one who actually makes the engine, transmission and other components for NGDV. Ford has announced that it will offer traditional gasoline-powered and battery-electric powertrains for these vehicles.

What engine is on a USPS truck?

Built on a General Motors chassis, the vehicle is 175 inches (440 cm) long, weighs 3,000 lbs (1,400 kg), can carry up to 1,000 lbs (450 kg) of mail, is 2.5-liter GM four-cylinder engine.

Does the mail car have AC?

Grumman’s « Long Life Vehicles » — the now ubiquitous delivery vans of the U.S. Postal Service, which first hit the streets in 1987 — have no rear windows. …

How many miles can a USPS truck travel in a day?

If truck drivers are following federal and legal (depending on state and interstate), their average speed is about 55 to 60 mph; this means that most truck drivers average about 605 to 650 miles per weekday– although mileage will vary depending on route, traffic and weather conditions.

Does the postman have a camera?

Interior cameras are mounted on the vehicle, one in the cabin and one in the cargo area. … the camera is designed to USPS available Get a 360-degree view of the delivery vehicle and log all letter carrier activity.

How many miles does the postman drive in a day?

If you choose this career path, invest in good shoes – some operators will be on the right track 12 miles per day. Rural carriers use personal vehicles and receive mileage reimbursement alongside regular pay. Country routes can be over 150 miles long and can include hundreds of individual mailboxes.

Is Workhorse a good long-term stock?

The main group stock is great long term buy at these depressed prices. Shares of Workhorse Group (NASDAQ: WKHS) are certainly an interesting growth option today. This is a stock that has risen sharply this year in incredible fashion. … Since then, the stock has fallen nearly 75% to $11 per share at the time of writing.

Will NIO stock rise?

stock price forecast

The 20 analysts who provide 12-month price forecasts for NIO include: The target median is 60.93, the highest estimate is 91.89 and the lowest estimate is 16.98. The median estimate is a 64.23% increase from the last price of 37.10.

Is Clne a buy or a sell?

Clean Energy Fuels has a Consensus Rating of Hold. The company has an average rating of 2.29, based on 4 purchase rating, 1 hold rating and 2 sell ratings.

How do I bid on USPS routes?

How to Bid Assignments/Routes on USPS LiteBlue

1. Visit LiteBlue (www.liteblue.usps.gov) and enter the PIN and employee ID number when instructed.
2. Click the « My HR » button on the top row.
3. Select « Craft Staff » in the right column under the « I Am » section…
4. Click « Enter Job Bid »

How much does USPS pay the owner-operator?

UPS owner-operator earns $66,000 per yearor $32 per hour, 10 percent higher than the national average of $60,000 per year for all owner-operators and equal to the national average wage for all working Americans.

Can you own a post office?

He said that while most people don’t know they can buy one, One California investor owns more than 200 post offices. . . The Post Office decides on a case-by-case basis whether to own or lease the building. « In buildings of 4,000 to 5,000 square feet or less, leasing is more economical, » Francis X.