WASHINGTON — The Postal Service has been named one of the 40 Best Companies for Diversity in the July issue of Black Enterprise magazine. The results were based on a survey Black Enterprise sent to the top 1,000 publicly traded U.S. companies and the 50 leading global companies with U.S. operations. The survey focused on […]
The following report comes directly from an Office of Inspector General audit that was released July 1, 2010. I think it speaks for itself: “We also found that union representatives received excessive payments from grievance settlements. Union representatives in four districts (Colorado/Wyoming, Alabama, Mid-America, and Capital) were involved with the allocation of class-action grievance settlements […]
Major Mailers Go Ballistic Over Rate Increase Attempt to Shift the Burden to Postal Employees Burrus Update 10-2010, July 9, 2010 The Postal Service has filed a request to increase postage rates effective Jan. 2, 2011, and is proposing to raise the price of first-class, single-piece letters from 44 cents to 46 cents. Increases for […]
From PostCom Here’s a quote from a USPS executive published by Logistics Management. It’s a beaut. “We are facing this problem because of a massive drop in mail volume and the fact that the bulk of our costs are fixed by laws, contracts, or regulations. Our operating flexibility is severely limited right now. Our network […]
Letter carriers union says fixing pension errors will solve USPS’ financial woes – Cutting Saturday delivery and other measures are not long-term solutions WASHINGTON – NALC President Fredric V. Rolando issued the following statement today in response to proposed measures to solve the USPS’ budget deficit, including rate increases and cutting Saturday delivery: “What is […]
This has been an extremely busy year, as we respond to the postal policies and decisions triggered by the recent decline in mail volume. Despite a modest improvement in the economy, advertising mail has not yet rebounded. Coupled with the diversion to electronic messages, the recession has reduced mail volume to 1994 levels. The geniuses […]
Washington, DC – The Postal Regulatory Commission today received proposed rate changes for market dominant products, averaging about 5.6 percent, filed by the Postal Service to take effect on January 2, 2011. This is the first time the Postal Service has claimed that extraordinary or exceptional circumstances justify an increase that exceeds the cost of […]
Talkin’ about the box: PO Boxes offer revenue opportunities Cutting workhours, budgets and programs are important steps in helping the Postal Service overcome its economic challenges. But revenue generation — and more of it — is an equally important factor as USPS moves toward a more secure financial future. That’s why increasing PO Box revenue […]
To help close revenue gap: USPS price change request expected to generate $3 billion in FY 2012 Facing a projected deficit of nearly $7 billion next fiscal year, the Postal Service continues to aggressively pursue its action plan — outlined by PMG Jack Potter in an announcement March 2 — to help USPS close a […]
A new Forever Stamp image will be available as part of a pricing package that would add less than 13 cents a month to the average American household’s budget. The U.S. Postal Service Governors recommended increasing the price of a First-Class stamp 2 cents to 46 cents and authorized the production of a pane of […]