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6:41 am, August 30, 2014

USPS News

Friday morning federal headlines - August 19

On today's Federal Drive: OMB's budget guidance calls for cuts to agency spending, the SEC is hit by allegations of destroying documents and the USPS begins negotiating with two postal unions.

Friday - 08/19/2011, 08:26am EDT

USPS puts cuts to labor on bargaining table

The Postal Service has begun contract negotiations with the National Association of Letter Carriers and the National Postal Mail Handlers Union. Last week USPS said it would ask Congress to let it break union contracts in order to lay off workers and take control of its health care and retirement plans.

Thursday - 08/18/2011, 07:51pm EDT

Postal Service plans to cut 220,000 jobs

Postal officials said 100,000 job cuts would come from attrition. For the remaining 120,000 career positions, the agency will ask Congress to eliminate layoff protections in postal collective bargaining agreements. That idea does not sit well with labor unions.

Friday - 08/12/2011, 03:52pm EDT
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Postal Service considers cutting 120,000 jobs

Facing a second year of losses totaling $8 billion or more, the agency also wants to pull its workers out of the retirement and health benefits plans covering federal workers and set up its own benefit systems. Congressional approval would be needed for these changes.

Friday - 08/12/2011, 01:09pm EDT
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Friday morning federal headlines - August 12

On today's Federal Drive: USPS announced it's considering massive job cuts, Veterans Affairs large-scale IT contract under siege from bid protests and expanded benefits to the post-9/11 GI Bill.

Friday - 08/12/2011, 08:20am EDT

Postal Service: Out of cash next month

Postal Service officials said they will be insolvent by the end of September unless Congress gives them more control and flexibility over their finances. The USPS board of governors met Friday as the organization reported a third-quarter loss of $3.1 billion.

Monday - 08/08/2011, 06:06am EDT
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Commission begins review of USPS closures

The Postal Regulatory Commission is scheduling public hearings on the Postal Service's plan to consider shutting down nearly 3,700 post offices nationwide.

Friday - 07/29/2011, 10:45am EDT

USPS identifies 3,700 post offices for possible closure

Facing budget pressures and decreased demand from customers, the U.S. Postal Service identified 3,700 retail post office locations that could be closed. As potential replacements, USPS has proposed the use of "village post offices," which would be operated by third-parties, such as local businesses.

Tuesday - 07/26/2011, 01:06pm EDT
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Postal Service looks to reinvent itself

David Yacobucci, deputy director of the Postal Service's Risk Analysis Research Center, discussed a new strategy for Postal Service transformation. The high-level strategy recommends reducing the number of distribution centers and focusing on consistency over speed in delivery.

Wednesday - 07/20/2011, 10:41am EDT
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Analysis: How can USPS get out of its financial hole?

The United States Post Office has been making a lot of changes and shakeups, as it tries to climb out of a multi-billion dollar hole.

Tuesday - 07/05/2011, 05:06pm EDT
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Friday Morning Federal Newscast - July 1, 2011

USPS cancels bonuses for executives, officers and administrative staff.

Friday - 07/01/2011, 07:45am EDT

USPS FERS suspension raises legal questions

After Rep. Darrell Issa (R-Calif.) questioned the Postal Service's decision to stop paying to FERS, attorney Bill Bransford said Issa may be concerned that USPS is setting a precedent for subsidizing other financially unstable agencies.

Thursday - 06/30/2011, 01:18pm EDT
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Issa says USPS sets 'dangerous precedent' on FERS

In a letter to the Office of Personnel Management, the head of the government's watchdog committee said the U.S. Postal Service's decision to halt contributions to employees' retirement fund sets a "dangerous precedent" for other cash-strapped agencies.

Tuesday - 06/28/2011, 08:08pm EDT

USPS: What's left to cut?

The Postal Service is looking for costs to cut even as Congress makes it spend more. Deputy Postmaster General Ron Stroman explains.

Monday - 06/27/2011, 10:08am EDT
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A new vision for USPS?

Wednesday - 06/15/2011, 03:56pm EDT

Postal Service reduces greenhouse gas emissions

The U.S. Postal Service (USPS) reduced the amount of carbon dioxide it emitted by more than 1 million metric tons. Federal News Radio asked Emil Dzuray, acting chief sustainability officer, to explain how the agency pulled it off.

Thursday - 06/09/2011, 04:24pm EDT
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Considering a buyout? Think before you act

Bill Bransford is a partner at the law firm, Shaw, Bransford & Roth. He joins the Federal Drive with information on the legal rights of employees who may feel targeted to accept buyouts.

Thursday - 06/09/2011, 09:41am EDT
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USPS set to release Specific RIFs

The Postal Service's redesign continues, and employees may receive Specific RIF notices tomorrow.

Thursday - 05/26/2011, 07:10pm EDT

USPS warns of default on retiree benefits

Without action from Congress, the U.S. Postal Service will default on its obligations to future retirees' health care accounts. Next up are payments to employees and vendors, the postmaster general told Congress Tuesday.

Wednesday - 05/18/2011, 07:41am EDT
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Postal workers ratify contract with 3.5 percent raise

Members of the U.S. Postal Service's largest union voted Thursday to accept a new contract that includes a 3.5 percent raise and cost-of-living adjustments over four years.

Thursday - 05/12/2011, 12:45pm EDT
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