GlobeNewswire Inc | Nov 30, 2021 04:30PM EST

November 30, 2021

LAFAYETTE, Ind., Nov. 30, 2021 (GLOBE NEWSWIRE) -- Wabash (NYSE:WNC), the innovation leader of engineered solutions for the transportation, logistics and distribution industries, today announced the launch of a new light-duty, home delivery refrigerated truck body with the companys patented molded structural composite (MSC) technology. A large national grocery retailer has placed an initial order over $10 million for delivery in the first half of 2022.

Wabashs new home delivery refrigerated truck body is designed to maximize both cargo capacity and delivery productivity on sub-10,000 GVWR chassis. The purpose-built design facilitates a rack and tote system unique to the food distribution industry while creating easy access to separate temperature zones for fresh and frozen goods.The design features walk-in side doors that provide cargo access for the driver.

Additional engineered solutions for the refrigerated home delivery market are currently in development, as Wabash anticipates an increasing need from customers to compete in a changing logistics and distribution environment fueled by ecommerce disruption.

Collaborating with our customers on innovative efforts to improve grocery home delivery has been a rewarding journey, said Kevin Page, Wabashs senior vice president customer value creation. As a visionary leader in our industry, our approach is different because were different. We begin all of our R&D efforts with our eyes on what customers will need in the future. Over the last year, we saw the need to deliver a sustainable solution that helps grocery retailers meet home delivery goals while reducing their carbon footprints. This is one way Wabash is fulfilling its purpose of Changing How the World Reaches You.

The new light-duty refrigerated truck body features Wabashs innovative MSC technology, which improves thermal efficiency up to 30%, reduces weight and provides a longer asset life. The improvement in thermal efficiency, compared to conventional refrigerated product designs, coupled with a lightweight design allows the operator to achieve better fuel efficiency as the refrigeration unit draws less energy to maintain temperature. In addition, the lightweight properties of Wabashs MSC technology can facilitate the adoption of an electric chassis in a refrigerated application.

Our MSC technology has undergone careful development, including extensive on-road testing to document the composite materials ability to maintain temperature efficiently, reduce weight and lengthen asset life, Page added. The time is right to scale production of this technology for the refrigerated transportation space. Customers are realizing that sustainability initiatives help their bottom line, and Wabash is moving quickly to provide solutions that improve asset performance while reducing environmental impact.

About Wabash As the innovation leader of engineered solutions for the transportation, logistics and distribution industries, Wabash (NYSE:WNC) is Changing How the World Reaches You. Headquartered in Lafayette, Indiana, the companys mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from first to final mile. Wabash designs and manufactures a diverse range of products, including: dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment. Its innovative products are sold under the following brand names: Wabash National, Benson, Brenner Tank, Bulk Tank International, DuraPlate, Supreme, Transcraft, Walker Engineered Products, and Walker Transport. Learn more at www.wabashnational.com.

Media Contact:Dana StelselDirector, Communications (765) 771-5766dana.stelsel@wabashnational.com

Investor Relations:Ryan ReedDirector, Corporate Development & Investor Relations (765) 490-5664ryan.reed@wabashnational.com