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Posts related to ‘USPS’

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USPS Deficit Shrinks

Posted: February 8, 2013 at 1:22 pm

The U.S. Postal Service said today that its fourth-quarter deficit totaled $1.3 billion. That’s $2 billion less than the deficit the service ran in the fourth quarter of 2011. The ...
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Pension Obligations and Lower Volume Driving $5.2 Billion Postal Service Loss

Posted: August 9, 2012 at 11:03 am

The U.S. Postal Service is posting a whopping $5.2 billion loss for its June quarter. The losses are widening and its metrics keep getting worse. Concerns are growing as mail volume continues ...
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Post Office Unveils Plan to Cut Costs, Retain Rural Stations

Posted: May 9, 2012 at 12:16 pm

Faced with considerable consumer and political pressure to review its plan to close hundreds of the country’s smallest post offices, the US Postal Service announced today that it would propose ...
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U.S. Post Office Will Cut Service, Close Processing Stations

Posted: December 5, 2011 at 2:24 pm

In a more detailed explanation of planned service cuts floated last September, the U.S. Postal Service has now published some details to its cuts in first-class mail delivery and the ...
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Postal Service Cuts and the Threat to Unemployment

Posted: August 12, 2011 at 6:25 am

The U.S. Postal Service will try to cut 120,000 to 220,000 workers; the number depends on the source of the information. The Washington Post was the first medium to report ...
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A US Post Office Plan To Reshape Its Future

Posted: March 30, 2011 at 5:48 am

The USPS has made a proposal the would allow it to close Post Offices with greater ease. The Postal Regulatory Commission and Congress can have a say in this matter ...
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