Despite cutting 40,000 career employees, getting a $4 billion break on retiree health benefit payments, and taking other cost containment measures, the Postal Service reported a net loss of $3.8 billion for its 2009 fiscal year. The bleak report, issued November 16, showed $1 billion more red ink than a year earlier. The report also […]
WASHINGTON — The U.S. Postal Service today updated the list of retail stations and branches that remain under review for possible consolidation, with only 241 offices still under review. Unlike most federal agencies, America’s national mail system receives no tax subsidy for operating expenses and relies on the sale of postage, products and services to […]
LOUISVILLE, KY – U.S. Attorney Candace G. Hill of the Western District of Kentucky announced today that a federal grand jury returned an indictment against Joseph Bourg, age 44, of Louisville, Kentucky, in Jefferson County, on charges of theft of mail matter. The Indictment alleges that between 2008 through August of 2009, Bourg rifled through […]
APWU News Bulletin APWU-represented postal workers will receive a 1.2 percent increase in their annual salaries effective Nov. 21. The raise will be reflected in the paychecks issued Dec. 11, and will be based on the grades and levels in effect on Sept. 6, 2006. The increase will apply to employees covered by the APWU-USPS […]
All Post Offices Will be Closed on Thanksgiving Day, Nov. 26 According to USPS: Some post offices will be closed on Wednesday, Nov. 25 and Friday, Nov. 27, and some may curtail hours on those days. But regular mail delivery will continue, according to a news release Also, some of the Post Offices in the […]
Consumer Advocate Praises Continued Performance Improvement CHICAGO, IL—Despite continuing economic challenges, the U.S. Postal Service continues to deliver high levels of service – and the Chicago District has become a major contributor to that success. The district continued its outstanding recent record of service performance in fourth quarter of fiscal year (FY) 2009, from July […]
National Safety Council Honors Brainard’s Dwayne “Oley”Raskey BRAINARD, NE — Rural Carrier Dwayne “Oley” Raskey, who has faithfully delivered the mail for 50 years now without an accident, has been named the recipient of the prestigious Joseph M. Kaplan USPS National Safe Driver of the Year by the National Safety Council (NSC). Raskey was among […]
APWU President William Burrus Update As the Postal Service struggles with severe financial losses, postal commentators pontificate on the steps that must be taken to ensure its return to solvency. The standard line espoused by spokesmen for the major mailers is that the postal workers must lower their expectations for wages, benefits and working conditions. […]
PMG Potter earned $734,650 “Salaries for executive level officers were frozen for calendar year 2009. The salary amounts vary from FY09 and FY08 because USPS salaries are based on the calendar year and not the fiscal year. Therefore, FY08 salary numbers include a portion of 2007 salary figures. In addition, the values in the above […]
2010 Financial Plan Predicts More Losses Next Year WASHINGTON—The U.S. Postal Service (USPS) today filed its 2009 fiscal year-end financial results, showing a net loss of $3.8 billion for the year — despite cost-cutting efforts resulting in $6 billion in cost savings and a $4 billion reduction in required payments for retiree health benefits. Cost […]