Pilot Program for Postal Banking Encouraged by Legislators

May 6, 2021 Last week a group of U.S. Legislators sent a letter to Congress urging consideration of pilot programs for postal banking as part of the Fiscal Year 2022 Financial Services and General Government Appropriations Bill. The letter asks for $6,000,000 to implement the pilot programs which are intended to “expand its [the USPS]…

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…

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…

Rep. Stephen Lynch Seeks to Continue USPS as a Federal Agency

On January 13, 2021 Representative Stephen Lynch introduced House Resolution 47, which seeks to avoid privatization of the US Postal Service. The Resolution has been referred to the Committee on Oversight and Reform. The Resolution reads, “Expressing the sense of the House of Representatives that Congress should take all appropriate measures to ensure that the United States…

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…

Postal Bills Introduced in House of Representatives

March 8, 2021 Representative Carolyn Maloney, Chair of the House Oversight Committee, has introduced two postal related bills. The first, H.R. 1307, introduced 2-24-2021, would “amend Title 39 of the US Code to require mail-in-ballots to use the Postal Service barcode service, and for other purposes.”  The second, H.R. 1582 introduced 3-3-2021, would “clarify and…

Oshkosh Defense to Build Next Generation Delivery Vehicle

The USPS has awarded the contract to build its Next Generation Delivery Vehicles (NGDV) to Oshkosh Defense. Oshkosh Defense, will build between 50,000 and 165,000 NGDVs over the next 10 years. 2023 is the year the new vehicles will begin service. NGDVs will be both electric and gasoline powered. Additionally, looking toward the future and…