The U.S. Postal Service (USPS) caused an uproar yesterday when it announced that it would be ending Saturday delivery of letter mail this August, saving an estimated $2 billion per year. Opponents—including many Members of Congress—expressed outrage at the move, arguing that it would cause hardships for postal customers and …
It is becoming hard to keep the billions of dollars in missed payments and recorded losses by the U.S. Postal Service (USPS) straight. Today, tack another multibillion-dollar chunk of change onto the list: The USPS reported a third-quarter net loss of $5.2 billion, bringing year-to-date losses to $11.6 billion. But …
Yesterday, faced with stiff congressional opposition to its plan to close over 3,600 post offices, the U.S. Postal Service (USPS) blinked. It was hardly a profile in courage on either side, with Members of Congress unable to resist the reverse NIMBYist urge to protect their local post offices at all …
The House Oversight and Government Reform Committee meets Thursday to consider the most substantive postal reform plan under consideration in Congress. The debate in Washington triggered a spending spree from postal unions opposed to the reforms, including a national TV ad campaign launched last month. Now the Oversight Committee is …
Neither snow, nor rain, nor heat is supposed to stop the United States Postal Service (USPS) from delivering mail, but can it be saved from mounting debt, plummeting volume, and the not-so-slow-motion postal train wreck coming quickly down the road? Last week, the USPS barely avoided default when Congress extended the …
The Postmaster General is warning that a postal budget crisis could cause mail delivery to be consolidated to just three days a week. Meanwhile, the American Postal Workers Union (APWU) is trying to convince lawmakers—and taxpayers—to keep all its union jobs. The APWU’s new radio ad airing in Washington, D.C., …
