Recent Drop in USPS Package Volume

According to an August 9, 2019 Wall Street Journal article, package delivery volume at the US Postal Service dropped in the USPS’s most recent quarter for the first time in nine years.  The article attributed the volume reduction in part to the fact that delivery competitors such as UPS and FedEx appear to be keeping…

Senate Confirms USPS Board of Governors Appointments

Taking action that is long overdue, the U.S. Senate on August 1, 2019 unanimously confirmed three new members of the USPS Board of Governors. Roman Martinez IV, John McLeod Barger and Ron Bloom will join David Williams and Robert Duncan and raise to five the number of sitting members of the Board of Governors. Both…

USPS Adopts Addenda for Use With 2017 Lease Forms

From the time in the second half of 2017 that the USPS adopted new standard lease forms, the USPS has encountered problems putting them into general use. Because the 2017 lease forms are much less favorable to lessors than prior lease forms, postal lessors have resisted their use. Since the adoption of the new lease…

PRESIDENT’S TASK FORCE ISSUES REPORT ON THE USPS

PRESIDENT’S TASK FORCE ISSUES REPORT ON THE USPS In April of 2018, the President of the United States signed an Executive Order establishing the Task Force on the United States Postal System (the “Task Force”) and charged the Task Force with the tasks of evaluating the operations and finances of the United States Postal Service…

Packages are Getting Heavier at Post Offices

According to a recent article, packages at post offices around the country are getting bigger and heavier. This presents many challenges for lessors. The most obvious and immediate concern a lessor should have after hearing this news is think about the floor in their building. The vinyl-composite tile flooring was rated for a lighter workload.…

Resolution to Prevent Privatization of the USPS

July 16.  A bi-partisan group of Representatives led by Stephen Lynch of Massachusetts has proposed House Resolution 993.  The Resolution proposes to express “the sense of the House of Representatives that Congress should take all appropriate measures to ensure that the United States Postal Service remains an independent establishment of the Federal Government and is…

Bi-Partisan Criticism for Plan to Privatize the USPS

  Eric Katz of The Government Executive reports that President Trump’s recent plan to privatize the US Postal Service has met with criticism from both Democrats and Republicans.  Bi-partisan legislation to revitalize the USPS is currently working it’s way through both the House and Senate. Sponsors of those bills have voiced concern about the President’s…

Amazon Announces Last Mile Delivery Program

  CNBC reports that Amazon has unveiled Delivery Service Partners.  This is a last mile delivery service run by entrepreneurs who will deliver Amazon packages in their own delivery networks.  Amazon announced the service on Thursday, June 28.  The vans will be leased from Amazon and will have the Amazon logo. To Read The Entire…