The Postal Service’s financial stability is improving, but significant challenges remain, says PMG Pat Donahoe. In his latest message to employees, Donahoe reviews the Postal Service’s financial results for the first half of the fiscal year (Oct. 1-Mar. 31) and discusses strategies for moving forward. “From a financial standpoint, compared to last year, we’re about […]
In a May 9, 2014 press release, the Postal Service issued another quarterly press release turning an operating profit (of $261 million) into a loss. The supposed loss, an accounting fiction, was caused entirely by the 2006 law which generates a long-term loan to the Federal treasury, under the guise of “pre-funding” employee benefits. In […]
As chairman of the House Oversight and Government Reform Committee, Congressman Darrell Issa (R-CA) has dogged the Obama administration since 2011. Issa has tried to tied Obama on reports of IRS bias in tax exemption forms, at the Benghazi attacks of 9/11/12, Healthcare.gov website fiasco, bring down the U.S. Attorney General Eric Holder and anything […]
On page A3 of your April 28 issue, you carried an Associated Press article entitled “Smaller towns adjusting to post office changes.” It is absolutely unbelievable papers such as yours would carry something like this without at least an accompanying article to rebut some of the info put forth in this article. It is very […]
Urges Congress to Pass Comprehensive Postal Legislation First-Class Mail Volume Declines by 4.1 percent Approximately $64 Billion in Liabilities Exceed Assets by $42 Billion Eight Percent Growth in Shipping and Package Services Drives Revenue Increase of $379 Million WASHINGTON— The U.S. Postal Service ended the second quarter of its 2014 fiscal year (Jan. 1, […]
WASHINGTON, DC – Today, U.S. Rep. Bill Pascrell, Jr. (D-NJ-09) urged U.S. Postal Service (USPS) Postmaster General Patrick Donahoe to keep the Carlstadt Post Office open following a destructive fire that gutted the facility. USPS recently announced in a letter to postal customers they are studying the Carlstadt facility for “discontinuance” following the devastating blaze. […]
What: U.S. Postal Service FY 2014 Second Quarter Financial Briefing Who: Patrick Donahoe Postmaster General and CEO Joseph Corbett Chief Financial Officer and Executive Vice President
30 California members call for protection of thousands of postal workers WASHINGTON, D.C. – Congressman Alan Lowenthal and 29 other members of the California Delegation sent a letter today urging U.S. Postmaster General Patrick Donahoe to reject the United States Postal Service’s (USPS) recent pilot program with Staples office supply chain. On November 10, 2013, […]
http://youtu.be/ytMunpXT2VE Recent events on Capitol Hill are signs the Postal Service along with Congress and the Obama Administration are headed down a promising path, says PMG Pat Donahoe. In his latest message to employees, Donahoe reports the White House and key decision makers in the House appear to share support for major reforms. He is […]
(KTVI) – The US Postal Service has been struggling over the past decade, losing billions of dollars because of the decline in mail volume and the rise of the internet and electronic mail. Now there are new strategies and new partnerships in place to keep the US Postal Service going. Randi Naughton talked with US […]