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RARE PHOTOS: Oshkosh corp - The Real Truth

Postal Service increases EV commitment to 40% of new delivery trucks

WASHINGTON — The United States Postal Service plans to make at least 40% of all new delivery vehicles battery electric, including at least 50% of the trucks purchased from Oshkosh Corp.

Tribune News Service · Jul 20, 2022

Oshkosh Q1 Tops Street View; Cuts FY22 Outlook On Inflationary Pressures, Supply Chain Woes

Oshkosh Corp (NYSE:OSK) reported first-quarter FY22 sales growth of 3% year-on-year, to $1.95 billion, beating the consensus of $1.88 billion. Sales from the Access Equipment segment increased 19.6% Y/Y, the Defense segment fell 12.9%, and Fire & Emergency declined 7.9%. Gross margin for the quarter contracted by 630 basis points Y/Y to 10.3%.…

Benzinga · Apr 27, 2022

Oshkosh Bags $2.9B Order From USPS For Next Generation Delivery Vehicles

The U.S. Postal Service (USPS) has placed an order of Next Generation Delivery Vehicles (NGDV) with Oshkosh Defense, a subsidiary of Oshkosh Corp (NYSE:OSK). The initial order is for 50,000 NGDVs and is valued at $2.98 billion. The first order will include a minimum of 10,019 BEVs. Oshkosh won the competitively awarded NGDV…

Benzinga · Mar 24, 2022

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Oshkosh's McNeilus Acquires CartSeeker Vehicle Automation Technology

Oshkosh Corp (NYSE:OSK) subsidiary McNeilus Truck and Manufacturing, Inc., has acquired the CartSeeker curbside automation product from Eagle Vision Systems, Inc. and Waterloo Controls, Inc. Deal terms were not disclosed. CartSeeker curbside automation is a patented AI-based recognition technology that identifies and locates curbside waste carts and helps automate the operation of the…

Benzinga · Mar 8, 2022

Evercore ISI Upgrades Timken & Downgrades Oshkosh - Read Why

Evercore ISI analyst David Raso upgraded Timken Co (NYSE:TKR) to Outperform from In-Line and raised the price target to $78 (an upside of 12.9%), from $76. Raso downgraded Oshkosh Corp (NYSE:OSK) from Outperform to In-Line and set a price target of $124 (an upside of 7.4%). With Q4 earnings season "largely complete" for the Industrial Machinery names he covers, Raso notes…

Benzinga · Feb 15, 2022

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