USPS OIG Report: What’s Driving Postal Transportation Costs?

The Postal Service’s transportation costs have increased over the last 10 years, despite an overall decline in mail volume and the relaxation of First-Class Mail service standards. Nearly 40 percent of the increase cannot be explained by changes in mail volume and transportation-related inputs alone. While costs in general are expected to increase over time…

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Postal Service could save $400 million on cheap gas

By Andy Medici – May 11, 2015 The Postal Service has saved about $200 million so far this fiscal year as gas prices remain lower than expected, according to the agency. Joseph Corbett, the chief financial officer at the Postal Service, said in a conference call with reporters May 8 that if the low gas…

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OIG: Plant Load Agreements – Greensboro District

Audit Report – MS-AR-14-003 – 04/30/2014 WHAT THE OIG FOUND: The Greensboro District was not adequately approving or monitoring plant load agreements. Documents were missing, lacked signatures, and were not reviewed as required. These conditions occurred because the district did not have a system to monitor compliance with the agreement. During our audit the district…

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