USPS: CFO Corbett reviews latest financial results (video)

In his latest “Dollars and Change” video, Chief Financial Officer Joe Corbett reviews the Postal Service’s financial results from fiscal 2019’s third quarter (April 1-June 30). USPS recorded total revenue of $17.1 billion and operating expenses of $19.3 billion, leaving the organization with a net loss of $2.3 billion. The net loss was driven by…

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NALC: USPS Fairness Act reaches bipartisan majority

The USPS Fairness Act (H.R. 2382), which would repeal the retiree health benefit pre-funding requirement, passed the threshold for bipartisan majority support in the House Of Representatives with 218 co-sponsors. However, more support is needed for this bill. With new House rules, legislation that reaches 290 or more co-sponsors can be scheduled directly for a…

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Analysis/Opinion: Don’t take USPS’ word for it

Analysis/Opinion – August 6, 2019 “Reforming the Postal Service” (Web, July 28) points to USPS’ shipping and package capabilities as its one redeeming quality amid the agency’s rapidly growing losses. USPS’ $143 billion in total unfunded liabilities and debt are disregarded as an afterthought — and apparently so are the nation’s taxpayers who may be…

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APWU: Join the USPS Fairness Act Nationwide Phone Action

On July 23, 2019, postal workers and the communities we serve are standing up for our public Postal Service. It’s time to protect America’s most cherished institution. We are telling our elected representatives to pass the USPS Fairness Act. In 2006, Congress saddled our public Postal Service with an unfair and unsustainable burden of pre-funding…

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USPS: PMG Brennan updates employees on business

http://a248.e.akamai.net/f/248/60653/1d/usps.download.akamai.com/60653/streaming/vod/BizFocus070219.mp4 Postmaster General Megan J. Brennan’s latest “Business Focus” video updates USPS employees on service improvements, efforts to develop a 10-year business plan for the organization and other topics. The Postal Service’s latest data trends show improvements in on-time performance, Brennan reports. The organization is using this information to drive process improvements and to deliver…

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Rep. Collins Introduces Legislation to Protect Community Post Offices

Jun 19, 2019 – Press Release WASHINGTON—Rep. Doug Collins (R-Ga.) today introduced H.R. 3333, the Community Post Office Act, to require the United States Postal Service (Postal Service) to receive written approval from local governments before relocating any post office facility. “As cities across the country are experiencing rapid growth, post offices are struggling to…

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