Post Office Boxes Face Competition Postal Service Seeks Change in Service Classification WASHINGTON — The U.S. Postal Service today is filing a request with the Postal Regulatory Commission (PRC) to change the designation of some Post Office Boxes from monopoly to competitive designation – a move to allow greater flexibility to meet the needs of […]
Press Release from Postal Regulatory Commission March 10, 2010 Washington, DC – The Postal Regulatory Commission today issued an Advisory Opinion to the U.S. Postal Service in its “Station and Branch Optimization and Consolidation Initiative” in Docket N2009-1. The Postal Service is required to seek an Advisory Opinion if its actions constitute a nationwide change […]
The US Postal Service filed its January 2010 (unaudited) preliminary financial report today with the Postal Regulatory Commission. USPS reported a net income/ loss of $592 million. The total Fiscal Year to year loss is $887 million ($255 million for lost for November and $179 Million gain the month of December) . Mail volume was […]
PRC Press Release Washington, DC – The Postal Regulatory Commission yesterday issued a Notice establishing Docket SS2010-1 to conduct a review of the Civil Service Retirement System (CSRS) pension liability of the United States Postal Service. “This is an important study which will provide information regarding the financial health and viability of the Postal Service, […]
The Postal Regulatory Commission referred 46 inquiries to the Postal Service in December. Customers received responses on average within 13 days. Inquiries covered various topics that fell into three main categories: • Delivery services (13) – i.e., the time of delivery, forwarding, and method of delivery. • Customer services (15) – i.e., hours of service, […]
Press Release Washington, DC – The Postal Regulatory Commission today ordered the Postal Service to terminate two nonpostal services and issued guidelines for the sale of licensed CDs and DVDs by the Postal Service. Order No. 392 is available on the Commission’s website, www.prc.gov, and has been submitted to the Federal Register. This action is […]
Washington, DC – The Postal Regulatory Commission today extended by 30 days the initial comment and reply periods in its Investigation of Suspended Post Offices, Docket PI2010-1. Initial comments are now due by February 16, 2010; and reply comments are due by March 18, 2010. Order no. 389 is available on the Commission’s website, www.prc.gov, […]
The US Postal Service filed its November 2009 (unaudited) preliminary financial report yesterday with the Postal Regulatory Commission. USPS reported a net income/ loss of $255 million. The total Fiscal Year to year loss is $476 million ($221 million for the month of October) . Mail volume was down across all classes except shipping services […]
On Rolls and Paid Employee Statistics (ORPES) published last week shows that USPS career employees have decreased by 40,110 since Same Period Last Year (SPLY). Over a 3-year period there are 61,151 less career employees. The chart below covers the last 3 years from 2007 through Pay Period 20 2009 (September 25,2009). note: USPS Fiscal […]
Postal Regulatory Commission: “Within our regulatory framework, I would like to encourage a national conversation on the future of mail and hardcopy communications in the United States,” Chairman Ruth Y. Goldway. The Nation’s mail system faces serious financial challenges exacerbated by historic declines in mail volume. The Postal Service has responded by cutting costs, downsizing […]