USPS: PMGĀ and CFO Host Web Call on FY 2016 First Quarter Financial Results

WASHINGTON, DC, Feb. 2, 2016 (GLOBE NEWSWIRE) — What: Telephone/Web conference on U.S. Postal Service Fiscal Year 2016 First Quarter Results Who: Postmaster General and CEO Megan J. Brennan; CFO and Executive Vice President Joseph Corbett When: Tuesday, Feb. 9, 2016 at 10:00 a.m. ET Background: Postmaster General & CEO Megan Brennan and Chief Financial…

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Video: Laying Out the Reality of the United States Postal Service

Full Committee Hearing January 21, 2016 09:30AM Location: SD-342, Dirksen Senate Office Building Member Statements ChairmanĀ Ron Johnson R (WI) Download Statement (12 KB) SenatorĀ Thomas R. Carper D (DE) Download Statement (20 KB) Witnesses Panel I Megan J. Brennan Postmaster General and Chief Executive Officer U.S. Postal Service Download Testimony (114 KB) The HonorableĀ  Robert G….

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Does the USPS even need a board of governors?

By Kevin Kosar – January 11, 2016 The U.S. Postal Service Board of Governors is supposed to have 11 members. It currently has three: one governor, the postmaster-general and the deputy postmaster-general. By law, the board cannot discharge its duties unless it has a quorum, which requires six members be present. The board has been…

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APWU: Tell the Postmaster General to Make Postal Banking a Reality Now

Web News Article #: 218-2015 11/19/2015 – Did you know that nearly 28% of U.S. households are underserved by traditional banks? They turn instead to payday lenders, check cashers and other financial predators, spending on average nearly 10 percent of their income on fees. There is a simple solution: Postal Banking. The Campaign for Postal…

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Postal Protesters Meet With Postmaster General

For Immediate Release – Sept. 24, 2015 Contact Jamie Partridge: 503-752-5112 Postmaster General Megan Brennan met briefly with protesters after giving a speech to a conference of Portland mailers yesterday. Rev. John Schwiebert and retired letter carrier Jamie Partridge, leaders of Portland Communities and Postal Workers United, were invited in from the picket line to…

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Senator Casey Expresses Concern Over Erie Mail Delivery Delays

Press Release – September 10, 2015 Washington, D.C. ā€“ Today, U.S. Senator Bob Casey (D-PA) called on the United States Postal Service and to look into the noticeable mail delivery delays since the consolidation of the Processing and Distribution Facility in Erie, Pennsylvania. Members of the community have reported serious delays, resulting in penalties and…

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Sen. Bernie Sanders to PMG: Service Cuts, Plant Closures ā€˜a Disasterā€™

Web News Article #: 170-2015 08/27/2015 – In a sharply worded letter to Postmaster General Megan Brennan, Sen. Bernie Sanders (I-VT) called the Postal Serviceā€™s decision to close mail processing centers and eliminate overnight delivery ā€œa disasterā€ and urged her to ā€œre-instate overnight delivery standards and speed up the delivery of mail as soon as…

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USPS 3rd-quarter net loss reported, Shipping revenue continues to rise

The Postal Service has reported a net loss of $586 million during fiscal 2015ā€™s third quarter (April 1-June 30) compared to a $2 billion loss during the same period one year earlier. Operating revenue for the quarter was $16.5 billion, essentially unchanged from a year ago. Meanwhile, although First-Class Mail volumes fell 2.6 percent and…

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