Postal Service awards $5 million contract to DeJoy's former company
Source: CBS News
Postmaster General Louis DeJoy's former company landed a $5 million highway-shipping contract last month with the United States Postal Service.
DeJoy continues to own a multimillion-dollar stake in XPO Logistics as of early October. The $5 million deal is the first regular contract for a postal route that XPO Logistics has signed with the USPS in more than a year. XPO's last highway contract with the USPS was in December and was temporary. The one before that was in signed in July 2019.
XPO's contract — to move mail for the next 18 months between Norfolk, Virginia, and Evansville, Indiana — has not been previously reported. The contract was negotiated in August and disclosed in mid-October as part of a quarterly update to a database of USPS suppliers.
The Postal Service will pay XPO $3.3 million annually to manage its route between the two cities, which are roughly 700 miles apart. The USPS database shows the contract has one of the highest annual rates out of more than 1,600 contracts the Postal Service initiated with outside firms in its most recent quarter, which is the first full quarter DeJoy has served as head of the agency.
Read more: https://www.msn.com/en-us/money/companies/postal-service-awards-5-million-contract-to-dejoy-s-former-company/ar-BB1akm8P?li=BBnbfcN&ocid=DELLDHP
The Trump Administration has taken sleaze to a whole new level
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