Postal Service to Offer Early Retirement to Some Employees
The Postal Service is offering early retirement to non-union employees as it consolidates postal districts in an effort to stem billions in red ink.
Postal Service
USPS Reports Net Income of $318 Million in Q1
The Postal Service has reported a net quarterly profit for the first time in quite a while, but the good news may not last.
Another Attempt Being Made to End USPS Pre-Funding Mandate
Another effort is being made in Congress to end the pre-funding mandate for USPS retiree health benefits.
COVID-19 Weighs on Postal Service’s FY 2020 Finances
The Postal Service reported a net loss of over $9 billion in FY 2020 amid economic challenges from the COVID-19 pandemic.
Postal Service Not Implementing Payroll Tax Deferral
The Postal Service announced that it has elected not to implement the payroll tax deferral for its employees.
Playing Politics with the Postal Service
A new report says that the recent politicization of the Postal Service is detracting from addressing the real problems facing the agency.
Report: Nearly Half of Postal Service Employees Had ‘Unauthorized Overtime’ Last Year
An IG report found that the Postal Service has a growing problem with costs stemming from what it calls “unauthorized overtime.”
Postal Service Announces Temporary Price Increase for Christmas Season
The Postal Service is planning a temporary price increase this fall for domestic commercial parcels.
Postal Service Becomes Pawn in New Political Battle
What to do about funding the ailing Postal Service has become fodder for a political fight between Democrats and Republicans.
Coronavirus Weighs on Postal Service as it Reports Another Quarterly Loss
The coronavirus pandemic continues to weigh heavily on the Postal Service, a fact reflected in its FY 2020 third quarter financial results.
