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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USPS records third-quarter net loss of $1.5 billion

The Postal Service has reported its financial results for fiscal 2018’s third quarter (April 1-June 30). Here are some highlights: Revenue. Total revenue was $17.1 billion, up 2.4 percent compared to the same period one year earlier. First-Class Mail revenue declined 2.2 percent compared to a year ago, while Marketing Mail revenue increased 1.6 percent….

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Privatization of the USPS — Postal Hub podcast

July 30, 2018 The Trump Administration recently announced that privatization is on the cards for the US Postal Service. Mark Fallon, President and CEO of the Berkshire Company, joins me to analyse the announcement. We cover: What the announcement really means, including whether or not it is binding The possibility of Congress passing legislation to…

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AFL-CIO: No Postal Service Privatization

AFL-CIO Executive Council Statement No Postal Service Privatization July 26, 2018 The U.S. Postal Service, which was created as the Post Office Department in 1792, has its founding principles in the U.S. Constitution. To this day, it remains a national treasure belonging to the people of this country. The Postal Service has remained a self-sustaining,…

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NALC: Contact your rep on privatization resolution before August recess

NALC Legislative Update – July 25, 2018 Last week, a group of 10 bipartisan representatives including Reps. Rodney Davis (R-IL), Stephen Lynch (D-MA), Brian Fitzpatrick (R-PA), Paul Cook (R-CA), Brian Mast (R-FL), Don Young (R-AK), Cedric Richmond (D-LA), Stephanie Murphy (D-FL), Dave Loebsack (D-IA) and Marcia Fudge (D-OH) introduced a House Resolution (H. Res. 993)…

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NARFE: Postal Reform Bill Tracker – August 2018

NARFE Magazine – August 2018 H.R.756 – Postal Service Reform Act of 2017 S.2629 – Postal Service Reform Act of 2018 H.Res.15 – Expressing the sense of the House of Representatives that the United States Postal Service should take all appropriate measures to ensure the continuation of its 6-day mail delivery service. H.Res.31 – Expressing…

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Joint letter urges House leaders to prohibit Postal Service banking

CUNA joined other trade association in sending a letter to House leaders urging the adoption of Rep. Patrick McHenry’s (R-N.C.) amendment to the Financial Services and General Government (FSGG) appropriations bill to prohibit the U.S. Postal Service from providing banking services. Joining CUNA in the letter addressed to House Speaker Paul Ryan (R-Wis.) and Minority…

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