The fiscal 2010 year-to-date net loss is $5.4 billion Cash Shortfall Likely in 2011; Customer Service Scores Remain High WASHINGTON — The U.S. Postal Service ended the third quarter of fiscal year 2010 (April 1 – June 30) with a net loss of $3.5 billion, compared with a net loss of $2.4 billion for the […]
Aug. 5 (Bloomberg) — The U.S. Postal Service, which has predicted it may lose $7 billion this year, posted a loss of $3.5 billion in its fiscal third quarter alone. The net loss in the quarter ended June 30 widened from a year-earlier $2.4 billion, the agency said today in Washington. An $800 million adjustment to […]
The Board of Governors met today in closed session Wednesday, August 4 at 10 a.m. (Closed) 1. Strategic Issues. 2. Pricing. 3. Financial Matters. 4. Personnel Matters and Compensation Issues. 5. Governors’ Executive Session— Discussion of prior agenda items and Board Governance. WASHINGTON — The Board of Governors of the U.S. Postal Service will meet […]
Remarks by Louis Giuliano, Chairman, Board of Governors United States Postal Service Association for Postal Commerce (PostCom) Board of Directors Meeting Washington, D.C. June 9, 2010 Note: Remarks as delivered may vary from prepared text. Thank you for that kind introduction – and thank you for this opportunity. I was scheduled to speak here in […]
Statement of Senator Thomas R. Carper Committee on Homeland Security and Governmental Affairs June 10, 2010 Nomination of Dennis Toner The committee will come to order. Today, we’ll be considering the nomination of Dennis Toner to be a member of the Postal Service’s Board of Governors. Mr. Toner is no stranger to those of us […]
On June 8, 2010 the White House announced the withdrawal of the nomination of Paul Steven Miller to the USPS Board of Governors. There was no explanation given for this withdrawal of nomination. Miller was nominated on January 29, 2010 “for a term expiring December 8, 2016, vice Carolyn L. Gallagher, term expired.” According to […]
The U.S. Postal Service, which has said it may lose $7 billion this year, narrowed its fiscal second quarter loss to $1.6 billion. The net loss in the quarter ended March 31 shrank from $1.9 billion a year earlier, the agency said today in Washington. Mail volume dropped 6.3 percent in the past six months, […]
WASHINGTON — The Board of Governors of the U.S. Postal Service will meet in open session May 6 at Postal Service headquarters, 475 L’Enfant Plaza, SW. The public is welcome to observe the meeting beginning at 8:30 a.m., in the Ben Franklin Room on the 11th floor. The Board is expected to discuss the following […]
Announces Launch of Website WASHINGTON – The U.S. Postal Service Board of Governors today approved management’s request to move forward with its five-day delivery proposal and to file a request for an advisory opinion with the Postal Regulatory Commission (PRC) on March 30. Postal Service Vice President Sam Pulcrano, who has been leading an internal […]
WASHINGTON — The Board of Governors of the U.S. Postal Service will meet in open session March 24 at Postal Service headquarters, 475 L’Enfant Plaza, SW. The public is welcome to observe the meeting beginning at 8:30 a.m., in the Ben Franklin Room on the 11th floor. The Board is expected to discuss the following […]