Submitting OIG:
Report Description:
The U.S. Postal Service implemented Freight Auction (FA) in October 2021 to solicit bids to transport mail on an “as needed” basis with the flexibility to schedule trips without requiring contractual changes. The FA program supports the Delivering for America vision with the goal to improve financial sustainability and service performance. Implementation of FA provides the Postal Service the opportunity to use the spot freight market to get competitive market pricing on surface trips and improve trailer utilization. The Postal Service spent about $159.5 million and $385.2 million for fiscal years (FY) 2022 and 2023, respectively, for FA trips.
Date Issued:
Tuesday, August 6, 2024
Agency Reviewed / Investigated:
Submitting OIG-Specific Report Number:
23-162-R24
Location(s):
Agency-Wide
Type of Report:
Audit
Questioned Costs:
$199,099,335
Funds for Better Use:
$0
Number of Recommendations:
10
Report updated under NDAA 5274:
No
View Document:
| Attachment | Size |
|---|---|
 23-162-R24.pdf | 5.31 MB |