In The News
Riding The Wave: Defense Revenues Rise Despite A Dark 2020 (From Defense News)
Lexington’s Dan Goure was quoted in a Defense News piece describing the growth of U.S. defense spending in FY2020 despite the COVID-19 pandemic. Revenues in the defense industry recorded in this year’s Defense News Top 100 list totaled $551 billion, an ...
Obscure Language In Postal Reform Bills Causes Stir (From FreightWaves)
Lexington’s Paul Steidler was quoted in an article on FreightWaves discussing the controversy surrounding Section 202 of the Postal Service Reform Act of 2021. Critics of the language say it would allow the U.S. Postal Service to use mail revenues to s ...
Navy Secretary Says DOD Plans New Multi-Year Contract For Arleigh Burke Destroyers (From News Center Maine)
A July 1 Forbes article (“Naval Shipbuilder Bath Iron Works Has Survived Many Setbacks. The Next Time Could Be Different.”) by Lexington COO Loren Thompson was cited by News Center Maine in a piece discussing the new multi-year contract to build Arleig ...
Do You Think The Postal Service Does A Good Job? (From WWL First News With Tommy Tucker)
Lexington’s Paul Steidler was interviewed by Tommy Tucker on his WWL-AM/FM First News radio program and discussed why the United States Postal Service’s focus on package shipping has led to mail delivery delays. “In the 1970s the Postal Service was del ...
Don’t Give The Postal Service A Blank Check On Package Delivery (From National Review)
Lexington’s Paul Steidler was quoted in a National Review article discussing the language in Section 202 of the Postal Service Reform Act of 2021. The article contends the provision will hide significant costs related to the shipping of packages, there ...
Why Is The Mail Still So Slow? (From The Dispatch)
Lexington’s Paul Steidler was extensively quoted by The Dispatch in an article discussing the continued delays of first-class mail delivery in the U.S. The article predicts it will be a while before delivery times return to what they were in 2019. Stei ...
An Army Brigade Posted To Taiwan, And Other Ways To Counter China Being Floated (From Army Times)
Lexington COO Loren Thompson was quoted in an Army Times article arguing that if the U.S. Army is serious about deterring aggression from China in the Pacific, it needs to consider stationing a permanent Armored Brigade Combat Team in Taiwan. The only ...
Years Of Work Set Stage For Kroger’s First Drone Delivery (From The Pittsburgh Post-Gazette)
Lexington COO Loren Thompson was quoted in a piece by the Pittsburgh Post-Gazette discussing Kroger’s first drone delivery in Centerville, Ohio. At the time of the flight’s authorization, Thompson said that the Dayton-Springfield region of Ohio might b ...
USPS Says Stamp Prices Will Rise This Summer Under DeJoy’s 10-Year Overhaul Plan (From CBS News)
Lexington’s Paul Steidler was quoted in a CBS News story about the U.S. Postal Service’s announcement that it will raise mail prices an average of nearly 7 percent. The price of a first-class stamp will rise from 55 cents to 58 cents. The plan comes wh ...
USPS Raises Stamp Price To 58 Cents As Part Of DeJoy’s 10-Year Plan (From The Washington Post)
Lexington’s Paul Steidler was quoted in a Washington Post story about the Postal Service announcing that the cost for a standard letter stamp is increasing from 55 to 58 cents and overall mail prices are increasing by 6.9 percent this summer. The aggre ...