Trump Considers Scrapping USPS Electric Vehicle Contract

Donald Trump's transition team is considering canceling the U.S. Postal Service's contracts to electrify its delivery fleet, aligning with Trump's campaign promises to reverse President Biden's climate policies. This move could affect multibillion-dollar contracts with companies like Oshkosh and Ford for electric mail trucks and charging stations. While Oshkosh shares fell following the news, analysts suggest a complete cancellation is unlikely, though a shift towards more fuel-powered vehicles could occur. The USPS's autonomous status may complicate any contract changes.