USPS year-end financials discussed in video

Chief Financial Officer Joe Corbett reviews the Postal Service’s year-end financial report in a new “Dollars and Change” video. USPS recorded $70.6 billion in total revenue in fiscal 2018 (Oct. 1, 2017-Sept. 30, 2018), up 1.5 percent from the previous fiscal year. Total operating expenses for the year were $74.4 billion, up 3.1 percent. This…

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USPS reviewing task force’s report

USPS is reviewing the recommendations of the Trump administration’s task force on the nation’s postal system. The task force, which was announced in April, issued its report Dec. 4. “The recommendations contained in the report should be evaluated together with legislative and regulatory reforms to address our urgent financial challenges. Reforms are necessary to enable…

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U.S. Department of the Treasury releases Postal Task Force Report

Press Release – December 4, 2018 Washington – The U.S. Department of the Treasury today released the Task Force report on the United States Postal System. The report, United States Postal System: A Sustainable Path Forward, provides a series of recommendations to overhaul the United States Postal Service’s (USPS) business model in order to return…

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USPS OIG: Fall 2018 Semiannual Report to Congress

The Office of Inspector General is tasked with ensuring efficiency, accountability, and integrity in the U.S. Postal Service. We also have the distinct mission of helping to maintain confidence in the mail and postal system, as well as to improve the Postal Service’s bottom line. We use audits and investigations to help protect the integrity…

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New Ad Against The Sale of the Public Postal Service

11/15/2018 – Watch the new advertisement below produced by the American Postal Workers Union and the National Association of Letter Carriers against the White House’s proposal to sell the postal service to private corporations. See:

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PMG Brennan discusses mail, other topics in “Business Focus” video

USPS is continuing to promote Marketing Mail as an effective method for businesses to promote their products and services to consumers, Postmaster General Megan J. Brennan reports in her latest “Business Focus” video. “We know direct mail works. It increases return on investment for the sender and has value for the receiver,” Brennan says. “Hard…

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Anti-Privatization Resolution Picks Up Support; Status of Postal Task Force Report Unknown

By Bob Levi – August 22, 2018 The legislative resolution that proclaims House of Representatives opposition to a White House proposal to privatize the U.S. Postal Service picked up significant support during the August recess. H.Res. 993 expresses “the sense of the House of Representatives that Congress should take all appropriate measures to ensure that…

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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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