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4:16 am, August 23, 2014

USPS News

USPS says piecemeal approach to cost-savings plan won't do

The Postal Service's revamped five-year business plan, which is aimed at putting the troubled agency on firmer financial ground, is made up of a number of elements. But Joe Corbett, the USPS chief financial officer, said that all of the changes the agency recommends need to be taken up in order to restore the Postal Service to financial stability.

Friday - 02/24/2012, 08:38pm EST
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USPS to shutter, consolidate more than half of mail-processing centers

The U.S. Postal Service recommends cutting its network of mail-processing centers in half, capping a five-month review of its facilities as part of a plan to restore it to financial stability. Of 264 facilities examined, 223 will be consolidated or closed. USPS officials projects the closures will affect 30,000 full-time employees.

Thursday - 02/23/2012, 04:47pm EST

Carper: USPS can take page from auto industry in fixing finances

Sen. Tom Carper (D-Del.), chairman of the Senate Homeland Security and Governmental Affairs subcommittee on federal financial management, told In Depth with Francis Rose the comparison between the Postal Service and Detroit auto-makers may seem "unlikely." But the plan that turned around the bailed-out auto industry could prevent having to bail out the Postal Service in the first place.

Wednesday - 02/22/2012, 09:15pm EST
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Postal Service plan proposes own health plan, workforce cuts

The Postal Service's strategic five-year plan proposes cutting the workforce by 155,000 by 2016 and creating its own health benefit program for employees and retirees to return to financial stability.

Friday - 02/17/2012, 10:27am EST

Post office: $18B loss without cuts, rate increase

In a letter to Congress, Postmaster General Patrick Donahoe described an updated five-year cost-cutting plan put together in coordination with Wall Street adviser Evercore Partners Inc.

Friday - 02/17/2012, 07:53am EST
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Air Force, USPS team up to grab cyber crook

A hacker had stolen the credit card information of more the 16,000 users of the Army and Air Force Exchange Service website.

Wednesday - 02/15/2012, 08:33am EST

Postal Service posts $3.3B loss for the quarter

The Postal Service said large losses would continue until the agency can trim its workforce, close some facilities, and restructure its healthcare program. The Postal Service posted a total loss of $5.1 billion in fiscal 2011.

Thursday - 02/09/2012, 02:12pm EST
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Cool Jobs: The Mural Preservationist

Dallan Wordekemper, federal preservation officer with the Postal Service, restores New Deal-era murals at U.S. post offices across the country.

Wednesday - 02/08/2012, 08:29am EST

Postal Service offers reduced rate on commercial mailing

This week, Postal Service introduced "2nd Ounce Free" pricing for businesses mailing First-Class Mail automation, presort letters.

Wednesday - 01/25/2012, 12:48pm EST

Postal Service, unions reach impasse in labor talks

Labor talks failed this weekend between the Postal Service and two postal unions the National Association of Letter Carriers and the National Postal Handlers Union.

Monday - 01/23/2012, 09:07am EST

Cummings: Fight ahead for federal pay raise

Rep. Elijah Cummings (D-Md.), the ranking member on the House Oversight and Government Reform Committee, anticipates strong opposition to President Obama's promised 0.5 percent pay increase for federal employees.

Wednesday - 01/11/2012, 11:29am EST
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USPS awards $168M communications contract to Verizon

Verizon will design and manage a private Internet protocol network for the Postal Service under a new six-year agreement. The New York-based telecom has provided IT services for the agency for two decades.

Tuesday - 01/10/2012, 02:49pm EST

Postal Service's plan to close post offices hits roadbumps

The Postal Regulatory Commission has criticized the Postal Service's proposal to consider closing more than 3,600 post offices as part of its plan to avoid a projected $14 billion loss this year. The plan is causing anxiety in communities that depend on their post offices and it would not save that much money, PRC Chairman Ruth Goldway told Federal News Radio. The commission will be watching the agency's cash flow closely in the coming months.

Wednesday - 01/04/2012, 07:47pm EST

Feds glad to bid adieu to 2011, but will 2012 be better?

Federal News Radio's Emily Kopp counts down the top federal workforce stories of 2011 and makes some predictions fo 2012.

Thursday - 12/22/2011, 05:42pm EST

Postal Service, unions to continue negotiating into January

Postal Service and the NALC and NPMHU extend talks through Jan. 20.

Monday - 12/19/2011, 07:04am EST

Postal Service to delay cutbacks until mid-May

The U.S. Postal Service has agreed to delay the closing of 252 mail processing centers and 3,700 local post offices until mid-May.

Wednesday - 12/14/2011, 08:33am EST

USPS, unions extend contract deadline again

The U.S. Postal Service and the two major Postal unions have agreed to extend the deadline for negotiating a new labor contract until Dec. 16. It is now the second extension agreed to by USPS and the two unions the National Association of Letter Carriers and the National Postal Mail Handlers Union. The initial deadline for labor negotiations was Nov. 20, which was then extended until midnight Wednesday.

Wednesday - 12/07/2011, 05:58pm EST

Postal Service addresses concerns uncovered by safety review

Judy Leonhardt, the acting deputy assistant inspector general for support operations in the Office of the Inspector General, says that Postal Service is putting safety first.

Wednesday - 12/07/2011, 11:18am EST
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USPS reviews closing 252 processing plants, cutting workforce

The IG's report outlined several recommendations, some of which the Postal Service have already started implementing.

Monday - 12/05/2011, 02:37pm EST

Video contest inspires public to answer GSA's everyday questions

General Services Administration names winners in contest that challenged videographers to answer questions like how do you let the government know you're moving and how do you obtain a Social Security card?

Monday - 12/05/2011, 10:35am EST
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