USPS, Treasury reach agreement on $10B coronavirus relief loan
7.29.2020 – Federal News Network reports: “Four months after Congress approved a $10 billion loan for the Postal Service under the CARES Act, the Treasury Department and USPS leadership have struck a deal on the terms of that loan. According to the terms of the loan, released by top Democrats in the House and Senate, USPS has agreed to give Treasury access to its biggest negotiated service agreements with industry partners.” – USPS will provide Treasury with proprietary info on NSAs – Terms (PDF) – Comments (Count)
DeJoy Issues Statement on Operational Excellence
7.29.2020 – USPS News Link reports: “Postmaster General Louis DeJoy issued a statement July 27 on the Postal Service’s efforts to achieve operational excellence and financial stability: “The Postal Service is in a financially unsustainable position, stemming from substantial declines in mail volume and a broken business model,” DeJoy writes. “We are currently unable to balance our costs with available funding sources to fulfill both our universal service mission and other legal obligations. Because of this, the Postal Service has experienced over a decade of financial losses, with no end in sight, and we face an impending liquidity crisis.” – Linn’s: PMG DeJoy Says Postal Service Must Make Changes – Comments (Count)
NALC: USPS Announces New ESAS Delivery Initiative Test
7.21.2020 – NALC reports: “Under the test, there is to be no casing of mail in the morning. Letter carriers will withdraw hot case preferential flats and are expected to route them in order of delivery on the street. Upon returning to the office, carriers will complete the normal return-to-office afternoon duties. After completion of these duties, carriers will then case and pull down all mail distributed to the route in preparation for the next day’s delivery.” – USPS reduces morning office time for letter carriers for more consistent delivery – GovExec: USPS Tests More Mail Delivery Changes as Lawmakers Push Back – Comments (Count)
Looking to Cut Costs, New USPS Leader Takes Aim at Overtime and Late Trips
7.15.2020 – GovExec reports: “This operational pivot is long overdue and today, we are talking about the first step in a journey we must take together, for the health and stability of the Postal Service,” management wrote in a prepared “stand-up talk” delivered to employees around the country in recent days. “The shifts are simple, but they will be challenging, as we seek to change our culture and move away from past practices previously used.” – FOX News – USPS warns staff of temporary mail delays as it cuts soaring delivery costs – Federal Times – Comments (Count)
Bipartisan Senate Bill Would Provide $25 Billion to USPS
7.06.2020 – GovExec reports: “The Postal Service Emergency Assistance Act (S. 4174), introduced by Sen. Susan Collins, R-Maine, and cosponsored by Sens. Diane Fienstein, D-Calif., Steve Daines, R-Mt., Doug Jones, D-Ala., and Jon Tester, D-Mt., would provide $25 billion to the mailing agency on the condition the funds be used to cover COVID-19 related losses or expenses.” – Comments (Count)