Louis DeJoy’s Former Company New Breed Logistics May Have Overcharged Postal Service By $53 Million

A 2001 U.S. Postal Service Inspector General audit found that noncompetitve contracts awarded to New Breed Logistics, run by now-Postmaster General Louis DeJoy, may have cost the USPS at least $53 million more than if the contracts had been competitively awarded, NBC News reports, raising scrutiny that DeJoy may have overbilled the USPS and marking the latest in a string of damaging reports tied to the controversial postmaster general’s work in the private sector.

DeJoy, through a spokesperson, told NBC that “there was no finding in the review that [New Breed] did not fulfill the terms and conditions of the contract,” and that the 2001 audit was scrutinizing Postal Service contracting rather than New Breed. The Postal Service and its management took issue at the time with aspects of the IG’s findings, claiming that New Breed’s “proposed prices were more realistic than the competitive contractors’ cost proposals,” and describing the $53 million calculation as “misleading.”

CONTINUE READING AT » www.forbes.com
Notify of
Inline Feedbacks
View all comments

Oh man. I can’t believe an honest Trump loving individual as Louie screwing the postal service with inflated prices.

he is a shady character