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Exclusive: Trump may cancel US Postal Service electric mail truck contract, sources say (www.reuters.com)

submitted 2 days ago by Stamau123 to c/news

77 comments fedilink hide all child comments

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Trump transition weighs plan to cancel USPS contracts to build large EV fleet
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Postal service plans to spend billions on EV chargers and roughly 66,000 new trucks Contract cancellation likely part of sweeping executive order on EVs

Dec 6 (Reuters) - Donald Trump's transition team is considering canceling the U.S. Postal Service's contracts to electrify its delivery fleet, as part of a broader suite of executive orders targeting electric vehicles, according to three sources familiar with the plans.

The move, which could be unveiled in the early days of Trump’s administration that begins on Jan. 20, is in line with Trump's campaign promises to roll back President Joe Biden’s efforts to decarbonize U.S. transportation to fight climate change – an agenda Trump has said is unnecessary and potentially damaging to the economy.

Reuters has previously reported that Trump is planning to kill a $7,500 consumer tax credit for electric vehicle purchases, and plans to roll back Biden's stricter fuel-efficiency standards.

The sources told Reuters that Trump’s transition team is now reviewing how it can unwind the postal service's multibillion-dollar contracts, including with Oshkosh (OSK.N), and Ford (F.N) for tens of thousands of battery-driven delivery trucks and charging stations.

Oshkosh shares fell by roughly 5% to 105.65 per share after the Reuters report.

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[–] cybervseas 77 points 2 days ago (2 children)

Not to mention that carriers love the new trucks.

[–] Mirshe 13 points 2 days ago

Because they're heated and actually safe to drive and don't break down every two months like the old mail vehicles.

[–] [email protected] 4 points 2 days ago (1 children)

They'll still get the gas powered ones. Pretty much have to; those old mail trucks are far past their expiration date.

[–] [email protected] 6 points 1 day ago

You’re assuming trump intends to keep the USPS. He wants to destroy/privatise it. He said so all the way back in 2021, but at the time, didn’t have a mandate to actually accomplish it.

His cronies stand to make billions if the USPS is dismantled and all mail and shipping can go through their companies instead.