PRC Requests Retiree Health Benefit Fund (RHBF) Liability Examination

Request for Proposal (RFP) For Retiree Health Benefit Fund (RHBF) Liability Examination 1. Introduction and Purpose of the Request for Proposal (RFP) 1.1. Background on Retiree Health Benefit Fund (RHBF) The Postal Regulatory Commission (PRC or Commission) is an independent establishment of the executive branch of the federal government with regulatory oversight over the United…

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Things are looking up: The Postal Service’s financial report for January 2015

February 26, 2015 The Postal Service released its financial statement for January 2015 yesterday.  It shows that for the first four months of Fiscal Year 2015 (Oct. – Jan.), the Postal Service posted a $1.325 billion profit in Controllable Operating Income.  That’s compared to a $912 million profit for the same period last year (SPLY)….

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Will the U.S. Postal Service Be Broke Again in 4 Years?

The Post Office grew revenues 2 percent in the third fiscal quarter of 2014, raking in $16.5 billion in operating revenue. (Hurray!) But it still managed to lose $2 billion on its business. (Boo!) So what’s the real story with the United States Postal Service? Is business booming, or is the Post Office going bust?…

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It’s Time for Postal Unions and Mailers To ‘KISS’ on USPS Reform

The editorial below from “an anonymous PostCom board member” appeared in this week’s issue of PostCom Bulletin, the organization’s newsletter. I thought the insights about how to get postal reform moving and about the U.S. Postal Service’s governing body were worth sharing with a wider audience, so I’m republishing it with the permission of PostCom. A…

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