Westlake Village, CA – August 24, 2009 – Zumbox, the world’s first and only paperless postal system, today announced the closing of its Series A funding with a total of $8 million raised. Investors include Art Bilger (Managing Member of Shelter Capital Partners, LLC) Rick Braddock (Chairman and CEO of Fresh Direct and former Chairman […]
Year-End Cash Shortfall Likely Despite $6 Billion in Cost Reductions; Customer Service Scores Remain High in Face of Economic Challenges The U.S. Postal Service ended its third quarter (April 1 – June 30) with a net loss of $2.4 billion, including a non-cash adjustment that increased workers’ compensation expense by $807 million. Ongoing electronic diversion […]
Press Release July 30, 2009 Washington, DC – The Postal Regulatory Commission (PRC) today submitted to Members of the U.S. House of Representatives Subcommittee on the Federal Workforce, Postal Service, and the District of Columbia its Review of Retiree Health Benefit Fund Liability as Calculated by Office of Personnel Management (OPM) and U.S. Postal Service […]
Press Release Letter Carriers’ union President Fredric V. Rolando urged Congress today to ensure that structural changes being made in U.S. Postal Service operations due to the nation’s current economic crisis do not cause more harm than good over the long term to its mission of delivering mail to the American people. Rolando, who assumed […]
Press Release – The National Right to Work Legal Defense Foundation has filed a formal complaint with the Federal Election Commission (FEC) asking it to investigate charges made by a Nashua-area postal worker who discovered his annual union membership dues were illegally diverted into the union’s political action committee (PAC).In July 2006, United States Postal […]
Press Release from Congressman Chris Smith (R-NJ) USPS Set to Shut Freehold Downtown Station Smith, Freehold Borough & Twp. Mayors: Post Office Breaking Its Promise Washington, Jul 15 – Congressman Chris Smith today blasted the U.S. Postal Service (USPS) ill-conceived plan announced Monday that it intends to close the Freehold Downtown Station in the borough that […]
Postal Regulatory Commission Press Release July 10, 2009 Washington, DC – The Postal Regulatory Commission today issued Order No: 244 establishing Docket N2009-1 to provide a public hearing and issue an advisory opinion on the national service implications of a U.S. Postal Service “Station and Branch Optimization and Consolidation Initiative.” The Postal Service has advised […]
Agency to Participate in Federal Fleet Upgrade Strategy WASHINGTON — One of the greenest civilian fleets in the world just got a little greener. The U.S. Postal Service will conduct a one-for-one replacement of 6,500 vehicles with 1,000 E-85 ethanol-capable and 900 gasoline/electric hybrid vehicles to its delivery fleet, part of a vehicle purchase by […]
PMG Jack Potter announced the selection of Steve Forte as the new senior vice president, Operations. Forte, who most recently served as vice president, Operations, New York Metro Area, will have overall responsibility for Engineering, Facilities, Sustainability, Network Operations, and Delivery and Post Office Operations. Tim Haney, vice president, Area Operations, Northeast Area, will serve […]
Press Release from the United States Attorney’s Office in Louisiana: BATON ROUGE, LA – United States Attorney David R. Dugas announced that three Louisiana residents were sentenced Friday, May 29, 2009, in federal court by United States District Court Judge James Brady on charges of making false writings and documents, delay of mail, and making […]