Xos Bags Multi-Million Dollar Truck Order From Route Consultant

Xos Inc. XOS has received a multi-million dollar purchase order for 40 Xos last mile delivery vehicles from Route Consultant, a broker, and a consultant for FedEx Corp's FDX FedEx Ground contractors. The financial terms were not disclosed.
The 40 last mile delivery vehicles are slated for delivery in 2022 across three cities in the Midwestern U.S.
Under this contract, ten trucks will be delivered to Springfield, Illinois, twenty to St. Louis, Missouri, and ten to Terre Haute, Indiana.
Price Action: XOS shares are trading higher by 1.08% at $3.75 on the last check Tuesday.