DeJoy outlines USPS plans to close, consolidate facilities across its delivery network
5.18.2022 – Federal News Network reports: “DeJoy said USPS will consolidate network operations into Sort and Delivery Centers, with enough space, docks and mail processing equipment to operate more efficiently than what its current infrastructure can provide. “We will place large carrier operations inside our mail processing plants, dramatically reducing transportation, reducing mail handlings, increasing reliability, and decreasing time to delivery,” DeJoy said.” – DeJoy Outlines Drastic USPS Network Overhaul – GovExec: USPS Plans to Close More Facilities and Repurpose Those That Remain – Comments (Count)
USPS Reports Second Quarter FY 2022 Results
5.05.2022 – USPS reports: “The U.S. Postal Service today announced its financial results for the second quarter of its fiscal year 2022, reporting an adjusted loss of approximately $1.7 billion for the quarter, essentially flat compared to the same quarter last year. Adjusted loss excludes non-cash workers’ compensation adjustments for the impacts of actuarial revaluation and discount rate changes, which are outside of management’s control. On a U.S. generally accepted accounting principles (“GAAP”) basis, the Postal Service had a net loss of $639 million for the quarter, compared to a net loss of $82 million for the same quarter last year.” – NALC Statement – Comments (Count)