Postal Service Now Going on 12 Years of Losses
The Postal Service has suffered 12 straight years of net losses with the announcement of its FY 2018 financial results.
🇺🇸 In honor of those who gave everything in service to this nation — FedSmith observes Memorial Day with gratitude. 🇺🇸
Stay informed on news and policy developments involving the U.S. Postal Service (USPS), including workforce changes, operational updates, legislative actions, and issues affecting postal employees and retirees. Explore analysis of USPS reform efforts, delivery standards, labor relations, pay and benefits policies, and agency‑wide initiatives that shape the postal workforce. Find clear explanations and timely updates on retirement benefits for former USPS employees, including FEHB, annuities, and Social Security considerations, along with broader developments impacting the Postal Service and its employees.
The Postal Service has suffered 12 straight years of net losses with the announcement of its FY 2018 financial results.
A Postal Service manager has been arrested on charges that he stole over $600,000 worth of stamps to fund his gambling activities.
The Postal Service has taken the first major step towards enacting price increases for its services.
The author recounts how a postage stamp helped her overcome depression, ultimately leading her to meet Oprah Winfrey.
How bad is the financial condition of the Postal Service's retirement fund? A new GAO report analyzes the situation.
A Postal employee has been arrested on allegations that he claimed to be totally disabled, yet spent five days a week running flea markets.
With mid-term elections looming, the Hatch Act always comes into play. This Postal Service case may have longer-term implications than most cases.
Although it continues to suffer large net losses, the Postal Service showed some improvements in its finances for the 2018 third quarter.
The Postal Service has a new advocate: an alliance of businesses that want to keep "reliable postal package delivery services."
A GAO report says the Postal Service will likely face difficult decisions in the near future because of its financial situation.