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Workhorse Pursues Long-Shot Bid To Overturn Postal Truck Award (From American Journal Of Transportation)
Lexington’s Paul Steidler was quoted in an American Journal of Transportation story about Workhorse Group Inc.’s loss of a $6 billion contract with the Postal Service to Oshkosh Defense, and steps Workhorse is taking to challenge the loss. One avenue t ...
Lawmaker Seeks To Stop Postal Service Contract With Limited EVs (From Bloomberg Government)
Lexington’s Paul Steidler was quoted by Bloomberg Government in a story about efforts by Rep. Jared Huffman (D-CA) to block a six billion-dollar, ten-year contract between the U.S. Postal Service (USPS) and Oshkosh Defense. The Congressman wants USPS t ...
DeJoy’s Plan To Overhaul Postal Systems Draws Criticism (From NPR)
Lexington’s Paul Steidler was quoted in a National Public Radio segment about Postmaster General Louis DeJoy’s 10-year strategic plan for the U.S. Postal Service. The draft plan reportedly includes downgrading of first-class mail standards, which Steid ...
Bloomberg Assails NASA Space Launch System With Misconceptions And Faulty Logic (From Forbes)
The editorial board at Bloomberg News published a critique of NASA's Space Launch System (SLS) last week that was full of questionable assertions and as a result came to erroneous conclusions. It complained about schedule delays and cost increases when ...
Raytheon To Challenge Lockheed’s Takeover Of Aerojet, CEO Says (From Defense News)
A Forbes piece by Lexington COO Loren Thompson was quoted in a piece by Defense News on the recent Lockheed-Aerojet merger. The article, titled “Five Issues Washington Should Consider In Reviewing A Lockheed-Aerojet Merger,” opined that regulators shou ...
US Lawmakers Urge UK To Help End Complicity In Saudi Arabia’s War In Yemen (From The Guardian)
Lexington COO Loren Thompson was asked by the Guardian to comment on the Biden administration’s pressure on the United Kingdom to end its support for Saudi Arabia’s war in Yemen, which the United States has already announced. The same week, officials i ...
Congress Reintroduces USPS Reform Bill To Eliminate Pre-Funding Mandate (From Federal News Network)
Lexington’s Paul Steidler was quoted in a Federal News Network story about the reintroduction of the USPS Fairness Act, a measure that would eliminate the Postal Service’s obligation to pre-fund retiree health benefits. Steidler warned in a January 28 ...
Data Show Decline In USPS Mail Service (From Linn’s Stamp News)
Lexington’s Paul Steidler was featured in a Linn’s Stamp News article about the sharp deterioration in mail service. The piece cited Steidler’s January 22 report on the Lexington Institute website, where he documented that mail service “is worse than i ...
What’s The Defense Production Act? Biden Plans To Use It For COVID Vaccine Production (From The Modesto Bee)
Lexington COO Loren Thompson was quoted by the Modesto Bee of Modesto, California in an article explaining the Defense Production Act. Dr. Cecilia Gounder, a member of President-elect Biden’s COVID-19 advisory board, told CNBC that he planned invoke th ...
Postal Service Gets Favorable Borrowing Terms In Stimulus Bill (From FreightWaves)
Lexington’s Paul Steidler was quoted in a December 23rd FreightWaves article about the forgiveness of a $10 billion loan to the Postal Service as part of the COVID-19 stimulus and government funding bill passed by Congress that month. Once the Postal ...