The following is a legislative update from the National Association of Postmasters of the United States: Postmaster General Legislative and Financial Briefing On Tuesday, February 15, President Bob Rapoza and Director of Government Relations Bob Levi attended a postal briefing conducted by Postmaster General Pat Donahoe, Chief Financial Officer Joseph Corbett and Vice President for […]
The Postal Regulatory Commission issued the following press release: Washington, DC – Postal Regulatory Commission Chairman Ruth Y. Goldway announced Wednesday the appointment of Margaret Cigno to succeed John Waller, who has retired, as Director of the Office of Accountability & Compliance (OAC). Ms. Cigno has served as OAC’s Assistant Director of the Auditing and […]
Repealing a provision of the Postal Accountability and Enhancement Act is “so critical to the welfare of the Postal Service” that it should be the exclusive focus of a report to the president and Congress on the effectiveness of the law, the APWU wrote to the Postal Regulatory Commission on Feb. 1. The provision, which […]
The following is a press release from the Postal Regulatory Commission Washington, DC – The Postal Regulatory Commission is seeking public comment in Docket No. ACR2010 to review the FY 2010 performance of the United States Postal Service and to determine its compliance with the Postal Accountability and Enhancement Act of 2006 (PAEA). “The Annual […]
The Postal Regulatory Commission issued the following press release: Public Encouraged to Attend January 11 Meeting Washington, DC – The Postal Regulatory Commission will convene a public forum at 2:00 p.m., Tuesday, January 11, 2011, at Commission Headquarters to provide interested parties with the opportunity to comment on the effectiveness of current United States postal […]
The Postal Service has given notice to the Postal Regulatory Commission it intends to conduct a test of an experimental product: Gift Cards. This product will provide postal customers with the ability to purchase a card loaded with a specified sum of money, which can be sent as a gift through the mail. The test […]
$173 Million Net Loss for FY 2011 The US Postal Service yesterday filed with PRC its second month preliminary financial report of the 2011 fiscal year (unaudited) . USPS reported a net loss of $456 million for the month of November. This same period last year saw a $255 million net loss. In October USPS […]
Washington, DC – The Commission has begun work on Section 701 of the Postal Accountability and Enhancement Act (PAEA) as required to issue its report to the President and Congress concerning the operation of amendments made by the PAEA and other recommendations for any legislation or other measures to improve the effectiveness or efficiency of […]
Washington, DC – Postal Regulatory Commission (PRC) Chairman Ruth Y. Goldway today announced the election of Mark Acton as Vice Chairman of the Commission, succeeding Tony Hammond. PRC regulations provide that the Commissioners elect a member to serve as Vice Chairman for a term of one year. “I believe the Postal Service is at a […]
The US Postal Service yesterday filed its first month of the 2011 fiscal year (unaudited) preliminary financial report with the Postal Regulatory Commission. USPS reported a net profit of $283 million. This same period last year saw a $221 million net loss. Total Mail Services Volume was up 5.0%, revenue down 1.7% Total Shipping Services […]