USPS could borrow as much as $10 billion

The Postal Service has reached an agreement with the U.S. Treasury Department on terms and conditions associated with a new lending authority that could allow USPS to borrow as much as $10 billion. The lending authority was established under the Coronavirus Aid, Relief and Economic Security Act — also known as the CARES Act —…

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USPS Board of Governors to Meet Aug. 7

WASHINGTON, July 28, 2020 /PRNewswire/ — The U.S. Postal Service Board of Governors will meet in open session on Aug. 7, 2020, at 9:00 a.m. ET. The Board is expected to discuss the following items: Call to Order and Remarks of the Chairman Remarks of the Postmaster General and CEO Approval of Minutes Committee Reports…

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USPS taking steps toward greater efficiency

Under the leadership of Postmaster General Louis DeJoy, the Postal Service is developing a business plan to ensure that the organization will be financially stable and able to continue to provide reliable, affordable, safe and secure delivery of mail and packages to all customers. This plan, which will be presented to the USPS Board of…

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USPS: Five-Year Strategic Plan 2020-2024

The Five-Year Plan aims to return the Postal Service to financial stability, preserve the affordability of mail and allow us to more readily adapt to a dynamic market place. The plan focuses on five major goals: Goal 1 — Deliver world-class services and customer experiences Goal 2 — Equip, connect, engage, and empower employees to…

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USPS: PMG Agrees to Delay Retirement

January 6, 2020 WASHINGTON – The Governors of the United States Postal Service are conducting a thorough, nationwide search for a successor to Postmaster General Megan J. Brennan, who announced her intent to retire effective Jan. 31, 2020. To facilitate the search and transition process, the Postmaster General has agreed to delay her retirement date….

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Trump nominates William Zollars to USPS Board of Governors

Board update. President Trump has announced his intention to nominate William Zollars, a Kansas resident, to be a member of the USPS Board of Governors. The nomination will be the remainder of a seven-year term expiring Dec. 8, 2022. The U.S. Senate must confirm nominees before they join the board. The governors are the principal…

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USPS: PMG Brennan updates employees on business

http://a248.e.akamai.net/f/248/60653/1d/usps.download.akamai.com/60653/streaming/vod/BizFocus070219.mp4 Postmaster General Megan J. Brennan’s latest “Business Focus” video updates USPS employees on service improvements, efforts to develop a 10-year business plan for the organization and other topics. The Postal Service’s latest data trends show improvements in on-time performance, Brennan reports. The organization is using this information to drive process improvements and to deliver…

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USPS BOG Elections held for chairman, vice chairman

Robert M. Duncan and David C. Williams have been elected chairman and vice chairman, respectively, of the USPS Board of Governors. The elections occurred Sept. 13 during an open meeting of the board’s temporary emergency committee (TEC). Also, Williams was appointed chairman, and Duncan, vice chairman, of the TEC. Both Duncan and Williams were recently…

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