Oshkosh Corporation Introduces AI-Enabled Material Contamination Detection Technology Developed by McNeilus

OSHKOSH, Wis.--(BUSINESS WIRE)--Mar 19, 2026--

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles, equipment and services, announced today the introduction of its new artificial intelligence-enabled technology designed to detect material contamination in real time during refuse and recycling collection. Developed by Oshkosh’s McNeilus Truck and Manufacturing business in collaboration with Lixo, an industry leader in waste-stream analysis, the solution represents a significant step forward in enabling data-driven and sustainable refuse operations across North America.

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The system leverages artificial intelligence, edge computing and cloud-based analytics to identify material contaminants in real time during refuse and recycling collection. By detecting and categorizing materials as they are deposited into the hopper, the technology can help haulers, municipalities and sustainability leaders manage contamination and divert more waste from landfills, while helping meet regulatory and environmental goals. Using computer vision and machine learning, the system can identify more than 80 contaminants with excellent accuracy, including plastic bags, yard waste, textiles and hazardous materials.

“Artificial intelligence and connected data systems are transforming how essential industries operate,” said Jay Iyengar, executive vice president and chief technology and strategic sourcing officer, Oshkosh Corporation. “At Oshkosh, we are integrating these technologies into the vehicles and equipment that support critical infrastructure to aid efficiency and sustainability in the communities they serve.”

The technology was developed in collaboration with Lixo, a Paris-based leader in intelligent waste-stream data analysis, combining McNeilus’ decades of refuse and recycling vehicle innovation with Lixo’s advanced artificial intelligence capabilities. This collaboration uses proven technologies and real-world deployments to deliver a new solution to customers.

“Material contamination detection represents the next evolution in refuse and recycling collection,” said Lee Dreas, president, McNeilus Truck and Manufacturing. “By giving customers real-time visibility into what’s entering the waste stream, this technology helps haulers demonstrate compliance, gives municipalities the data they need to improve recycling performance and enables both to operate more efficiently and sustainably.”

This innovation underscores Oshkosh’s commitment to delivering essential vehicles, technologies and services to customers operating in resilient, growing markets where rising demand for sustainability and data-driven solutions is transforming how work is performed.

Material contamination detection technology is available as a factory-installed option on new McNeilus vehicles and as a retrofit kit for mixed fleets. Integration with McNeilus’ ClearSky™ Intelligence telematics platform will allow customers to view contamination insights alongside fleet and operational data.

To learn more about McNeilus’ smart material contamination detection for clean collection, visit McNeilus Contamination Detection. To learn more about how Oshkosh is applying advanced technologies to help modernize essential industries, visit oshkoshcorp.com/brands-innovations.

About Oshkosh Corporation

At Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs over 18,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Pierce®, MAXIMETAL, Oshkosh® S-Series™, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™ Communications, Oshkosh® Airport Products, Oshkosh AeroTech™ and Pratt Miller. For more information, visit oshkoshcorp.com.

About McNeilus

McNeilus Truck and Manufacturing, Inc. is a refuse and recycling collection vehicle innovator with leading advancements in electrification, intelligent products, active safety and advanced manufacturing. Product offerings include an expansive lineup of front loaders, rear loaders and side loaders, including EV solutions. McNeilus provides OEM parts and also partners with top equipment dealers across North America to provide best-in-class support and access to service and parts close to home. For more information, visit https://mcneilusgarbagetrucks.com/.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward Looking Statements

This news release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.

Oshkosh Corporation announced today the introduction of its new artificial intelligence-enabled technology designed to detect material contamination in real time during refuse and recycling collection. Developed by Oshkosh’s McNeilus Truck and Manufacturing business in collaboration with Lixo, an industry leader in waste-stream analysis, the solution represents a significant step forward in enabling data-driven and sustainable refuse operations across North America. The system leverages artificial intelligence, edge computing and cloud-based analytics to identify material contaminants in real time during refuse and recycling collection. Using computer vision and machine learning, the system can identify more than 80 contaminants with excellent accuracy, including plastic bags, yard waste, textiles and hazardous materials.

NEW YORK (AP) — Another rise for oil prices shook stock markets on Friday, as hopes withered on Wall Street for a possible cut to interest rates this year by the Federal Reserve because of the war with Iran.

The S&P 500 fell 1.5% and is heading for a fourth straight losing week, its longest such streak in a year. The Dow Jones Industrial Average was down 470 points, or 1%, with an hour remaining in trading, and the Nasdaq composite was 2% lower.

The market's losses deepened after oil prices shook off an early dip and accelerated higher in the afternoon. Brent crude, the international standard, rose 3.3% to settle at $112.19 per barrel. Benchmark U.S. crude gained 2.3% to $98.32 per barrel.

Stocks also bent under the weight of leaping yields in the bond market. Higher yields will make mortgage rates and other borrowing more expensive for U.S. households and companies, slowing the economy, and grind down on prices for all kinds of investments. Treasury yields have been jumping since the war began because it could cause a long-term spike in oil and natural gas prices that drives up inflation.

Worries have gotten so high that traders have canceled nearly all their bets that the Federal Reserve could cut interest rates this year, according to data from CME Group. Some even think the Fed could raise rates in 2026, which was a nearly unthinkable scenario before the war began.

“I think it would be market shaking,” Ann Miletti, head of equity investments at Allspring Global Investments, said about a rate hike. But she also said that if oil prices stay high for a long time, they would likely drag so much on the economy that the Fed would not consider raising rates.

Lower interest rates would give the economy and investment prices a boost, and they're something President Donald Trump has angrily been calling for. Before the war, traders were betting heavily that the Fed would cut rates at least twice this year.

But lower rates risk worsening inflation. And investors now see little room for central banks worldwide to cut interest rates to help their economies. Besides the Federal Reserve, central banks in Europe, Japan and the United Kingdom also held their interest rates steady this past week.

The price of Brent crude has zigzagged sharply on its way from roughly $70 per barrel before the war began to as high as $119.50 this week. Big swings have struck hour to hour as financial markets try to handicap how long the war will last and how much damage it will do to oil and gas production in the Persian Gulf.

The U.S. stock market has a history of bouncing back relatively quickly from past conflicts in the Middle East and elsewhere, as long as oil prices don't stay too high for too long. Oil prices aren't at a red-flag point yet, Miletti said, but “we're getting close if the duration is long enough.”

“If three months from now, we're in a similar situation, not only myself but a lot of other investors will be much more cautious,” she said. While companies can adjust to gradual rises in oil prices, Miletti said they're less able to quickly change their business models after a sudden spike becomes a new normal.

On Wall Street, Super Micro Computer sank 31.6% and helped drag the U.S. stock market lower. The U.S. government accused a senior vice president of the company and two others affiliated with it of conspiring to smuggle billions of dollars of computer servers containing advanced Nvidia chips to China.

The company said it has been cooperating with the investigation and is not a defendant in the indictment. It placed its two accused employees on administrative leave and terminated its relationship with an accused contractor.

Roughly four out every five stocks in the S&P 500 fell in a broad wipeout. Stocks of smaller companies, which can feel the pinch of higher interest rates more than their bigger rivals, led the way lower. The Russell 2000 index of smaller stocks fell a market-leading 2.5%.

Among the few winners was FedEx, which rose 1.1% after delivering a much stronger profit for the latest quarter than analysts expected.

In the bond market, the yield on the 10-year Treasury jumped to 4.39% from 4.25% late Thursday and from just 3.97% before the war started. That's a significant move for the bond market.

The two-year Treasury yield, which more closely tracks expectations for what the Fed will do, leaped to 3.89% from 3.79% late Thursday and is near its highest level since the summer.

Outside of Wall Street, indexes fell sharply in Europe following their wipeouts on Thursday. Indexes also sank in China, though South Korea’s Kospi added 0.3%.

AP Business Writers Chan Ho-him and Matt Ott contributed.

Traders work on the floor at the New York Stock Exchange in New York, Thursday, March 19, 2026. (AP Photo/Seth Wenig)

The New York Stock Exchange is seen in New York, Thursday, March 19, 2026. (AP Photo/Seth Wenig)

Anthony Matesic, left, and James Denaro work on the floor at the New York Stock Exchange in New York, Thursday, March 19, 2026. (AP Photo/Seth Wenig)