The United States Postal Service (USPS) is looking to improve its fleet of vehicles. A contract in 2022 was met with backlash as it focused less on electric vehicles than expected, something it is looking to improve going forward.

USPS recently awarded a number of postal truck contracts, some of which addressed this issue.

What Happened: In 2022, the USPS announced a contract award with Oshkosh Corp (NYSE:OSK) valued at around $3 billion for 50,000 next-generation delivery vehicles.

The contract had Oshkosh getting a 10-year deal to produce up to 165,000 vehicles beginning in 2023. The initial 50,000 vehicle deal included only 10,019 battery-powered electric...