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Quarterly Earnings

Workhorse Hit with COVID-19, Revises Volume Targets

The maker of commercial electric vehicles won’t meet its projected production target of 300-400 vehicles in 2020 in part due to more than 36% of its production-related staff having contracted the coronavirus or quarantined awaiting results.

What First-Quarter Fleet Earnings Tell Us

The 3.2% first-quarter GDP figure released by the Commerce Department seems to portray a stronger volume environment than was experienced by the trucking industry, judging by first quarter fleet earnings.

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