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TOP NEWS STORIES |
Postal Service Loses $1.5 Billion in Q1
2.08.2019 -
FedSmith.com reports: "The Postal Service's ongoing financial losses
widened in the first quarter in which it reported a net loss of $1.5 billion,
which is an approximately 178% higher loss than the same quarter last year in
which it only lost $540 million. On the bright side, total revenue was $19.7
billion, up 2.9% over the same quarter last year. Marketing mail revenue
increased by $218 million, and revenues from shipping and packages increased by
$516 million." -
USPS: $103 Million Controllable Loss -
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The price of 'Forever' stamps just went up
1.28.2019 -
CNN reports: "It just got more expensive to send mail. The price of a
"Forever" stamp has gone up a nickel -- to 55 cents. While not exorbitant, the
price increase is part of the biggest price jump on stamps in the United States
Postal Service history. And it's a result of the pressure the agency is facing
to dig itself out of a deep financial hole." -
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The FSS Slows, and the Red Ink Flows
1.06.2019 -
Dead Tree Edition reports: "For the third year in a row, productivity
of the U.S. Postal Service's Flats Sequencing System declined in 2018 - with no
end in sight to the money-losing machines' troubles. Hourly throughputs declined
5% during Fiscal Year 2018 and are 14% below where they were five years ago, the
USPS reported recently in its Annual Compliance Report. Leakage - the proportion
of mail that was supposed to be run on FSS machines but wasn't - rose from 20.1%
to 21.9%." -
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APWU and USPS at Impasse on Contract
12.24.2018 -
APWU reports: "The Rank and File Bargaining Advisory Committee had some
serious concerns with the tentative agreement and sent it back to the APWU
National leadership to reopen negotiations with management and attempt to
address their concerns. We did just that in two meetings on Wednesday December
19, 2018 and follow up discussions on Thursday December 20th. However, we were
unable to reach any changes or new agreements with the Postal Service. The APWU
and USPS are now at "impasse." -
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Trump Administration Proposes Major Overhaul of
USPS
12.04.2018 -
Washington Examiner reports: "The Treasury Department issued a report
Tuesday calling the U.S. Postal Service "unsustainable" financially and calling
for extensive changes to its operations. The recommendations include eliminating
certain delivery services, allowing the Postal Service to set prices without
Congress' consent, and eliminating collective bargaining over wages for USPS
employees. The report suggests privatizing the USPS as a possible solution."
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Seeks to Remove USPS Compensation From Collective Bargaining -
Could Inflame Tensions With Amazon -
Postal Task Force Report -
NALC Statement -
APWU -
Treasury Dept. Paid The MITRE Corporation $1.6 Million to Write Report? -
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Postal Holidays 2019 |
January 1 - New Year's Day (Tue)
January 21 -
Martin Luther King Jr. birthday (Mon)
February 18 -
Washington's Birthday (Mon)
May 27 - Memorial Day (Mon)
July 4 - Independence Day (Thu)
September 2 -
Labor Day (Mon)
October 14 - Columbus Day (Mon)
November 11 - Veterans Day (Mon)
November 28 -
Thanksgiving Day (Thu)
December 25 - Christmas Day (Wed) |
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