Objective The Postal Service develops a range of financial projections as part of its financial planning. A financial projection is an estimate or forecast of a future situation or trend based on a study of present and historical trends. The main projection the Postal Service completes is the annual financial plan, which estimates revenue, volume,…
April 29, 2020 President Dimondstein appeared on Democracy Now! with Amy Goodman and Juan Gonzalez today. The interview covered the financial crisis facing the U.S. Postal Service, the impact of the Coronavirus on the USPS and the vital role of our public Postal Service in carrying out civic life across the country. Part 1 Part…
The Postal Service is facing âan unprecedented financial crisisâ and will be unable to fix its problems unless Congress gives the organization more flexibility, a new report concludes. USPS has about $22 billion in assets and $113 billion in liabilities, including liabilities related to a law that requires the organization to âprefundâ health benefits for…
So Why is Postal Management Cutting Service? Web News Article #: 090-14 May 9, 2014 – Midway through the fiscal year, the USPS is reporting a $1 billion profit from operations, with $261 million of that amount from the second quarter. But you wonât read that in the mainstream media. Instead, youâll hear that â…
