USPS CFO discusses 10-year plan in latest video

September 1, 2021 The Postal Service’s latest quarterly financial report highlights why the Delivering for America plan must be fully implemented, Chief Financial Officer Joe Corbett says in his latest “Dollars and Change” video. During fiscal year 2021’s third quarter (April 1-June 30), the organization’s total operating revenue was $18.5 billion and total operating expenses…

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Step into Tomorrow: USPS and Emerging Technology

August 26, 2021 (RISC-WP-21-007) Over the past decade, the Postal Service has focused its technology development efforts on two areas: mail innovations and data analytics. Advancements in these areas will continue to lead transformation in the postal industry going forward. Other emerging technologies that have not yet had a major impact on the Postal Service,…

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USPS OIG Report: Postal Inspection Service Oversight of Its Use of Cryptocurrency 

Objective Our objective was to evaluate the effectiveness of U.S. Postal Inspection Service policies and procedures for managing cryptocurrency in its law enforcement activities. Cryptocurrency is a decentralized form of digital currency that uses a blockchain, or public ledger, to record transactions. The anonymity of cryptocurrency transactions and the significant fluctuations in the value of…

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MSNBC Exclusive: Interview with member of USPS Board of Governors

August 19, 2021 The postal service is planning to start slowing the delivery of first-class mail in an effort to cut costs. It’s all part of a 10-year strategic plan outlined by Postmaster General Louis DeJoy. Joining Geoff Bennett for an exclusive interview is Amber McReynolds, a member of the US Postal Service Board of…

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USPS: Ethics Awareness Week – Aug. 16-22

The Postal Service will hold its first Ethics Awareness Week from Aug. 16-22, aiming to educate employees about the importance of conducting themselves with integrity. In a new video message to kick off the week, Postmaster General Louis DeJoy notes that USPS is consistently ranked as one of the nation’s most trusted public institutions. “This…

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USPS OIG Report: Embargoes and Redirections at Processing Facilities

Objective Our objective was to evaluate the operational impacts experienced by the Postal Service before and after the embargoes and redirections at mail processing facilities during the fiscal year (FY) 2021 peak mailing season. Each year, increased mail volume during peak mailing season — November through January — significantly strains the Postal Service’s processing and…

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USPS OIG Report: Mail Operations at the Raleigh P&DC

Background The Postal Service considers mail to be delayed when it is not processed in time to meet the established delivery day. Delayed mail can adversely affect Postal Service customers and harm the organization’s brand. To track mail conditions at processing facilities, the Postal Service launched the Mail Condition Visualization (MCV) system in January 2019….

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USPS seeks brief increase in package product prices for holidays

USPS has notified the Postal Regulatory Commission of plans to temporarily increase some package product prices for the peak holiday season. If approved by the commission, the increases will affect Priority Mail, Priority Mail Express, First-Class Package Service, Parcel Select, USPS Retail Ground and Parcel Return Service. International products won’t be affected. The temporary price…

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