APWU: Seventh and Final COLA under 2015 CBA Announced

Posted on August 10, 2018August 12, 2018 by 21cpw

Web News Article #: 78-2018 08/10/2018 – In accordance with the 2015-2018 APWU/USPS Collective Bargaining Agreement (union contract), career employees represented by the APWU will receive a 31 cent per hour cost-of-living adjustment (COLA), effective September 1, 2018. It will appear in paychecks dated September 21, 2018 (Pay Period 19-2018), and will total $645.00 per…

USPS records third-quarter net loss of $1.5 billion

Posted on August 10, 2018August 10, 2018 by 21cpw

The Postal Service has reported its financial results for fiscal 2018’s third quarter (April 1-June 30). Here are some highlights: Revenue. Total revenue was $17.1 billion, up 2.4 percent compared to the same period one year earlier. First-Class Mail revenue declined 2.2 percent compared to a year ago, while Marketing Mail revenue increased 1.6 percent….