The U.S. Postal Service is reeling from inflation in ways its private sector competitors can avoid, according to a new report, due to restrictions on its investments, requirements of its labor agreements and limits on its rate increases. Two-thirds of USPS’ $82 billion in annual expenses goes to labor costs, and...
In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Regarding the U.S. Postal Service, the CARES Act stated: …[I]f the Postal Service determines that, due to the COVID–19 emergency, the Postal Service will not be able to fund operating expenses without borrowing money — (1) the Postal Service may borrow money...
America’s crime wave is coming to your front door, if it has not hit there already. Porch piracy — the theft of brand-new, unopened items in packages lying just outside the sanctuary of your home’s living space — is a hot trend. Especially coveted items include large-screen televisions, cell phones and...
The Postal Service’s two largest unions are weighing in, more than a year into Postmaster General Louis DeJoy’s 10-year agency reform plan. The National Association of Letter Carriers and the American Postal Workers Union are calling for USPS to increase hiring, adding that long-term understaffing is taking a toll on employee...
The Universal Postal Union (UPU) has opened a public consultation on how it can better engage and collaborate with broader postal stakeholders, including the private sector. To view a news release and related questionnaire, please click here....