The Shyft Group’s Utilimaster Secures $53 Million Add-On Truck Body Contract From United States Postal Service

| October 27, 2021

USPS places order for over 400 Utilimaster dry freight truck bodies to be used for heavy bulk mail delivery

Utilimaster® has been awarded a $53 million contract from the United States Postal Service (USPS) for 447 Utilimaster truck bodies to be used for bulk mail delivery. Utilimaster – a go-to-market brand of The Shyft Group’s Fleet Vehicles & Services business unit (NASDAQ: SHYF), North America’s leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty vehicle markets – delivers dependable, efficient utility vehicles specifically designed to meet customers’ exacting requirements and help them reach their business goals. This USPS order is in addition to the previous $214 million multi-year contract for more than 2,000 vehicles, which was completed during the third quarter of 2019.

“For more than 40 years, Utilimaster has been designing and manufacturing purpose-built parcel delivery vehicles that improve delivery efficiencies and driver ergonomics and safety. We take great pride in delivering on our promises and in providing high-quality fleets to our customers,” said Daryl Adams, President and Chief Executive Officer of The Shyft Group.

The USPS order will be built on both cab-over and cab-behind chassis, featuring 18- and 24-feet long bodies. The order is expected to be manufactured during the second quarter of 2022 and will be completed in 2023.

“Our quality and experience are what makes Utilimaster a leader in the delivery space. We set ourselves apart from the competition by building strong, long-term relationships with our clients and providing high-quality products,” said Chad Heminover, President, Shyft Fleet Vehicles and Services. “By offering delivery vehicles across Classes 1 through 7 and by providing vocation-specific custom upfits, we’re uniquely positioned to service mid-mile and last-mile delivery fleets.”

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