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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 EVsTrump transition weighs plan to cancel USPS contracts to build large EV fleet
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.
Actually yes. They want to privatize it so that they can make money on it. Failure is the goal.
“Failure is the goal” needs to be the subtitle of every news story for the foreseeable future.
Yeah but even if that’s the play - could private business even fill the gap? USPS stretches the final miles deep into places not profitable to deliver to. Businesses, doing business stuff, use it to economically have their products available to the rural communities that voted these policies in… it’s all so confusing.
Is mailing a letter automated space communism? Sheesh.
And ironically, it’s the flyover deep red parts of the country that are the most rural, and therefore the most unprofitable legs of these delivery services. As with so many other GOP policies, it would mostly impact their supporters.
The worse it gets, the more they’ll blame the libs
They don’t care if there’s gaps, those people just won’t get mail service. They’re only interested in extracting as much money as they can from the rotting husk of the US economy. They’ve just hollowed out so much of the middle class now that they’re scraping the bottom of the barrel and need to start squeezing the last dregs out of the barely profitable things like the USPS.
No. Not only can it not fill the gap there isn’t an intent to.
It’s just, sell off a chunk of the government so someone can make money on a service.
Actually yes. They want to privatize it so that they can
make money on itfurther exploit the working class. Failure is the goal.Although you’re right, I like to call out what it will do to everyone so it’s more explicit and will hopefully click in people’s minds.