New video explains USPS finances

Chief Financial Officer Joe Corbett reviews the Postal Service’s latest in a “Dollars and Change” video released this week. During fiscal 2019’s second quarter (Jan. 1-March 31), USPS recorded revenue of $17.5 billion. Operating expenses were $19.6 billion, leaving the organization with a net loss of $2.1 billion. Several factors contributed to the net loss,…

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NALC: Bipartisan legislation introduced to repeal USPS pre-funding mandate

On April 28, Reps. Peter DeFazio (D-OR), Tom Reed (R-NY), Xochitl Torres Small (D-NM), and Brian Fitzpatrick (R-PA) introduced the USPS Fairness Act (H.R. 2382) which would repeal the mandate that USPS “pre-fund” decades’ worth of health benefits for its future retirees, enacted through the Postal Accountability and Enhancement Act (PAEA) of 2006. As letter…

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Privatization: A real threat to the USPS employee

The United States Postal Service first began moving the mail on July 26, 1775. The Service was created a year before the Thirteen Colonies proclaimed their independence in 1776 as the United States of America. The employees of the US Postal Service have been sorting and delivering the mail to the citizens of the United…

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NALC Statement on USPS Q3 Financial Report for FY 2018

August 10, 2018 NALC President Fredric Rolando’s statement on the release of the U.S. Postal Service’s financial statement for the third quarter of Fiscal Year 2018, covering the months of April, May and June of 2018: The Postal Service’s quarterly financial report shows the Postal Service’s underlying business strength while also indicating the need to…

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APWU Looks to Address USPS Workforce Mix in Labor Talks

By Louis C. LaBrecque – June 22, 2018 A union that represents about 200,000 postal workers is looking in upcoming labor talks with the U.S. Postal Service to reduce the service’s reliance on non-career employees. That’s from Mark Dimondstein, president of the American Postal Workers Union. The union’s goals as it begins bargaining June 26…

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NALC submits postal workforce recommendations to White House

In a meeting with the White House today, NALC President Fred Rolando delivered policy recommendations to the White House Task Force on the Postal Service. The Task Force, comprised of the heads of OPM, OMB and the Department of the Treasury, was established in April via executive order from President Trump. It has been charged…

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Senator Sanders Statement on Trump Review of Postal Service

BURLINGTON, Vt. April 13 – U.S. Sen. Bernie Sanders (I-Vt.) issued the following statement Friday after President Donald Trump signed an executive order demanding an evaluation of the Postal Service’s finances: “President Trump is right that it would be useful to take a serious look at the United States Postal Service. He is dead wrong,…

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NALC lauds bipartisan effort to advance postal reform legislation

March 22, 2018 Today, Sens. Tom Carper (D-DE), Jerry Moran (R-KS), Heidi Heitkamp (D-ND), and Claire McCaskill (D-MO) introduced S. 2629, “The Postal Service Reform Act of 2018,” a bill that incorporates elements of both the House Oversight and Government Reform Committee’s Postal Service Reform Act of 2017 (H.R. 756) and Sen. Carper’s “Improving Postal…

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