USPS announces new chief financial officer – Joseph Corbett to retire and be succeeded by Luke Grossmann

Grossmann, who will begin his new duties Saturday, Nov. 30, joined USPS in 2005 and previously served as a district manager and as director of operations research, insight and continuous improvement.

Postal Service could save $400 million on cheap gas

By Andy Medici – May 11, 2015 The Postal Service has saved about $200 million so far this fiscal year as gas prices remain lower than expected, according to the agency. Joseph Corbett, the chief financial officer at the Postal Service, said in a conference call with reporters May 8 that if the low gas … Read more

Will The US Postal Service Turn Profitable With A $10 Billion Investment?

The US Postal Service posted another loss of $1.96 billion in the third quarter. CFO Joseph Corbett said the agency needed $10 billion to upgrade infrastructure and replace aging fleet The US Postal Service’s CFO, Joseph Corbett, stated that the agency required an investment of up to $10 billion to continue providing competitive services. The … Read more