The US Postal Service today filed its August 2010 (unaudited) preliminary financial report with the Postal Regulatory Commission. USPS reported a net income/loss of $1.6 billion. The total Fiscal Year to Date loss is $7.7 billion (July, $764 Million; June, $2.5 Billion; May, $642;$382 lost for April; $381 lost for month of March; $611 Million […]
Excerpts from a report issued by the USPS Office of Inspector General: We also found that 24 of the 68 (or 35 percent) of the noncompetitive contracts we reviewed were not sufficiently supported per Postal Service policy. Policies contain minimum requirements for noncompetitive justifications, market research, and endorsement and approval requirements. Compliance with these requirements […]
Injured employees who undergo the National Reassessment Process (NRP) and are told by the Postal Service either that there is only partial-day work available or that there is no work available, should consider applying for unemployment compensation. This temporary financial assistance can serve as an important monetary bridge during the time that an employee is […]
Stamps, Stamped Products Cradle to Cradle Certified WASHINGTON — For more than two centuries, the U.S. Postal Service has issued postage stamps and postal stationery to portray the American experience to a world audience. Now, those stamps and stamped products are Cradle to Cradle Certified CM. Products meet Cradle to Cradle requirements when every ingredient […]
“Roadmap to Recovery” for Postal Service Legislation introduced today by Sen. Tom Carper (D-DE) is a roadmap to recovery for the Postal Service. It incorporates many of the key elements we have identified as necessary and essential to allow the Postal Service to meet the changing needs of its customers. The Postal Operations Sustainment and […]
One option is to “Eliminate duplicative staff positions and better position area management to work strategically with headquarters by relocating all area offices to headquarters.” A recent audit report issued by the USPS Office of Inspector General: Since 1992, the Postal Service’s workforce has decreased by almost 106,992 employees (13 percent); the cumulative total factor […]
Bill to address current financial problems with long-term solutions WASHINGTON – Today, Sen. Tom Carper (D-Del.) introduced the Postal Operations Sustainment and Transformation (POST) Act of 2010. The POST Act addresses the current budget issues plaguing the U.S. Postal Service by proposing a series of provisions including: easing postal employee pension and retiree health costs; […]
Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, today announced that a federal grand jury has returned an indictment charging Brenda Moore, age 48, of East Cleveland, Ohio, with theft of mail by a postal employee and unauthorized opening of mail by a postal employee. The indictment charges that on June […]
In recent days, the nation’s postal workers have been subjected to some misleading attacks in the news media. From NALC President Fred Rolando: Last Thursday, for example, a panel of conservative guests on the Fox Business Network’s “Money Rocks” program trotted out the notion that the United States Postal Service is no longer relevant and […]
A Columbia postmaster arrested in March on suspicion of attempting to steal clothing and sunglasses from a Columbia department store pleaded guilty Tuesday. Joyce M. Herron, 55, of Mexico, Mo., entered a plea of guilty to misdemeanor stealing in city court. She was sentenced to two days in the Boone County Jail and was permitted […]