USPS Reports Second Quarter Fiscal 2019 Results

The Postal Service has reported its financial results for fiscal 2019’s second quarter (Jan. 1- March 31). Here are some highlights: • Revenue. Total revenue was $17.5 billion, essentially flat from the same period one year earlier. First-Class Mail revenue declined 3.3 percent, while Marketing Mail revenue declined 3.9 percent. Shipping and packages revenue increased…

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UPMA: Overview of Senate HSGA hearing on Postal Reform

Overview of Senate Homeland Security and Government Affairs hearing on Postal Reform By Frank Augustosky – 03/15/19 The Senate Committee on Homeland Security and Governmental Affairs held a hearing on Tuesday, March 12 to address “A Path to Sustainability: Recommendations from the President’s Task Force on the United States Postal Service.” Chairman Ron Johnson (R-WI)…

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President Trump Appoints Kubayanda to be a Commissioner of PRC

Michael Kubayanda of Ohio, to be a Commissioner of the Postal Regulatory Commission for the remainder of a six-year term expiring November 22, 2020. Mr. Kubayanda serves as a board member and privacy officer for a digital health startup. Michael previously worked with the Office of Inspector General (OIG) of the U.S. Postal Service, ending…

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NALC: Executive orders on federal employees

May 31, 2018 NALC is currently investigating if the executive orders issued by President Trump on Friday May 25 have any impact on the United States Postal Service. We will report our findings as information becomes available. The executive orders: https://www.whitehouse.gov/presidential-actions/executive-order-developing-efficient-effective-cost-reducing-approaches-federal-sector-collective-bargaining/ https://www.whitehouse.gov/presidential-actions/executive-order-ensuring-transparency-accountability-efficiency-taxpayer-funded-union-time-use/ https://www.whitehouse.gov/presidential-actions/executive-order-promoting-accountability-streamlining-removal-procedures-consistent-merit-system-principles/ Source: National Association of Letter Carriers AFL-CIO  

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USPS: PMG discusses forum, other topics in video

The National Postal Forum, USPS finances, public policy matters and other topics are addressed in Postmaster General Megan J. Brennan’s latest “Business Focus” video. In discussing the forum, Brennan says the annual industry conference helps the Postal Service generate sales and showcase emerging technologies. She also shows a brief, fast-paced video from the event that…

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NPMHU Meets with Presidential Task Force During 120 Day Study of USPS

The Trump Administration issued an Executive Order creating a task force charged with evaluating the operations and finances of the U.S. Postal Service, covering topics like pricing, USPS policies, and workforce costs. Specifically, the Task Force is being chaired by the Secretary of the Treasury or his designee, and other members include the Director of…

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USPS FY 2018 second quarter results

Postmaster General and CEO Megan J. Brennan and Finance and Planning Vice President Luke Grossmann hosted a telephone/Web conference call to discuss the financial results in more detail. The call at 9:00 am ET on May 11, 2018, was open to news media and all other interested parties. Click Here for PDF Press Release –…

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Update on the Postal Service’s Share of CSRS Pension Responsibility

May 7, 2018 (RARC-WP-18-009) When Postal Service employees retire under the Civil Service Retirement System (CSRS), somebody has to pay for their pensions. For people who used to work for the former Post Office Department and then later worked for the Postal Service, the federal government and the Postal Service split pension costs. Under the…

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