Postage Rate Increases on the Horizon

The United States Postal Service plans to raise rates in August of 2021. As part of its 10-year plan, “Delivering for America,” a request for these increases was filed with the Postal Regulatory Commission on May 28.  According to a USPS press release, the proposed Mailing Services price changes include: Product Current Prices Planned Prices…

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USPS Reports Second Quarter Results

May 7, 2021 WASHINGTON – The U.S. Postal Service today announced its financial results for the 2021 second quarter ended March 31, reporting a net loss of $82 million, compared to a net loss of approximately $4.5 billion for the same quarter last year, as a pandemic surge in demand for package deliveries was not enough…

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Letter to Congress Requesting Funds for Postal Banking Pilot Program

April 28, 2021 The Honorable Mike Quigley The Honorable Steve Womack Chairman Ranking Member Subcommittee on Financial Services and General Government House Appropriations Committee Washington, D.C. 20515 Dear Chairman Quigley and Ranking Member Womack, We write to strongly encourage you to include the below language supporting postal non-bank financial services pilot programs in the Fiscal…

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Joint Task Force to Review Service Performance Issues

The USPS joined with leaders from six organization representing Postal Service employees to identify problems and create solutions to the service performance issues that have plagued the USPS. The National Task Force, which will focus on specific facilities held its first meeting on March 22, 2021. “Recognizing that issues in certain facilities across the country…

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