The Shyft Has Finalized An Agreement With Rush Enterprises To Sell And Service The Company's Blue Arc Class 3, 4 And 5 All-electric Delivery Vehicles
Portfolio Pulse from Benzinga Newsdesk
Shyft Group (SHYF) has finalized an agreement with Rush Enterprises to sell and service Shyft's Blue Arc Class 3, 4, and 5 all-electric delivery vehicles. This partnership is expected to expand Shyft's reach and potentially increase its revenues.
October 02, 2023 | 11:41 am
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Shyft Group's agreement with Rush Enterprises to sell and service its all-electric delivery vehicles could potentially increase its revenues and expand its market reach.
The agreement with Rush Enterprises allows Shyft Group to expand its sales and service network for its all-electric delivery vehicles. This could potentially increase Shyft's revenues and market share in the electric vehicle sector, which is expected to grow significantly in the coming years. Therefore, this news is likely to have a positive impact on SHYF's stock price in the short term.
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