Page 114 - லார்ட்ஸ்டவுன் மோட்டார்கள் கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share: Defense contractor Oshkosh Truck Corp. (NYSE: OSK) won a 10-year contract to build next-generation delivery vehicles (NGDVs) for the U.S. Postal Service, beating out electric delivery van maker Workhorse Group Inc. Day traders had driven Workhorse (NASDAQ: WKHS) shares to record levels in recent months, anticipating that at least a piece of the multibillion-dollar contract would be awarded to the company. It was one of three finalists. The Postal Service delayed awarding the contract for several years after inviting seven companies to build prototypes for evaluation. Workhouse shares closed down 47.45% to $16.47 on Tuesday. It continued to lose ground in after-hours trading, dropping an additional 5% to $15.88. Oshkosh shares closed 6.14% higher at $109.62.

United statesUnion cityMorgan olsonJohn pfeiferDonald trumpSteve burnsFord motor coUs postal serviceNavistar international corpWorkhorse group incKansas city assembly plant in claycomoLordstown motors corpPostal serviceOshkosh truck corpGrumman corpMotors co