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USPS supporter in Senate criticizes postmaster general

Sen. Susan Collins (R-Maine), a staunch USPS supporter, takes Postmaster General Patrick Donahoe to task for pursuing a plan to close thousands of postal facilities in order to save $7.1 billion annually.

Tags: USPS , Postal Service , Susan Collins , Senate , Congress , Jason Miller , Joe Lieberman , Tom Carper

Tuesday - 03/20/2012, 07:27am EDT

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.

Tags: Joe Corbett , pay and benefits , USPS , FEHBP ,

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.

Tags: USPS , Congress

Friday - 02/17/2012, 07:53am 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.

Tags: USPS , Joe Corbett , financial management , Congress , Darrell Issa , Emily Kopp , budget

Thursday - 02/09/2012, 02:12pm EST

VIDEO: Protesters interrupt Postmaster General Donahoe's speech

Protesters marched outside the National Press Club Monday before luncheon featuring Postmaster General Patrick Donahoe. They shouted, "Hey ho! Donahoe has got to go!" and carried signs that said, "Save America's Postal Service."

Tags: USPS ,

Monday - 11/21/2011, 02:58pm EST

Tweets from Donahoe's address at National Press Club

Postmaster General Patrick Donahoe brought the latest news of the Postal Service's future at a National Press Club luncheon on Monday.

Tags: USPS ,

Monday - 11/21/2011, 03:37pm EST

Postal service needs big regulatory changes to survive, experts say

Congress, unions, new Postmaster General all agree current payment structure for retirees is killing chances of USPS survival.

Tags: In Depth , Francis Rose , Senate Homeland Security & Governmental Affairs Co , Tom Carper , Tom Coburn , USPS , CSRS , FERS , pay and benefits

Monday - 12/06/2010, 05:01pm EST

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.

Tags: USPS , APWU , Cliff Guffey , union contract , pay and benefits , pay raise , COLA , health contributions , Jolie Lee ,

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

USPS makes a case for debt relief

The Postal Service asked Congress Tuesday to change laws requiring them to pre-pay health benefits and overfund the Federal Employees' Retirement System. Republicans say USPS needed to do much more to "right-size" its costs and operations.

Tags: management , pay and benefits , Congress , USPS , Darrell Issa , Louis Giuliano , James Miller , American Postal Workers' Union , FERS , Dennis Ross , Ed Towns , Gerry Connolly , John Buckner

Wednesday - 04/06/2011, 07:46am EDT
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