The COVID pandemic continues to affect USPS results in both revenue and expenses. While Operating Revenue showed an increased of nearly $2 billion to $73.1 billion over 2019, OperatinSPExpenses for the year increased by $2.3 billion or 2.9% to $82.2 billion. Net loss for 2020 was $9.2 billion, an increase of $363 million over the…
Amazon looks into last mile delivery for its packages. An article in The Verge* states that Amazon would use shipping hubs in a wagon wheel, or hub-and-spoke concept for support of smaller shipping facilities in America’s rural areas. Further evidence of this goal is found in a September 2020 employment ad for a DSP Pricing…
In September 2020 U.S. District Judge Victor Marrero directed USPS to submit a list of steps necessary to return on-time delivery scores for first-class mail and marketing mail to the 93% high reported for the week of February 8, 2020. Judge Marrero’s directive came after delays in mail delivery prompted congressional hearings, lawsuits, and a…
On October 1, 2020 the House of Representatives passed an updated version of the HEROES ACT. The part of that Act dealing with the USPS includes dedicating $15 billion for the Postal Service to backfill revenue forgone due to the coronavirus pandemic, plus language providing additional protections to Postal workers. An additional $15 million is…
PMG DeJoy will testify on Friday, August 21 at 9am EST, before the Senate Homeland Security Committee on Finances and Operations of USPS during COVID-19 and upcoming elections. DeJoy will again testify before the House Oversight and Reform Committee on Monday, August 24, at 10am EST on protecting the timely delivery of mail, medicine, and…
National news Aug. 18, 2020 WASHINGTON, DC — Postmaster General Louis DeJoy issued the following statement today: “The United States Postal Service will play a critical role this year in delivering election mail for millions of voters across the country. There has been a lot of discussion recently about whether the Postal Service is ready,…
August 10, 2020 Since joining the USPS as Postmaster General on June 15, 2020, Louis DeJoy has attracted the attention of Congress and the American public with policy changes intended to cut costs. Early in the summer, Dejoy announced policy changes to help regain financial solvency at the USPS. The changes include a prohibition on…
The AUSPL PAC is a political action committee which raises funds to support political candidates who recognize the importance of universal mail service and the network of leased postal facilities. AUSPL member contributions to AUSPL PAC are critical in helping AUSPL ensure its message is heard by Congress. Members who would like to donate to…
On July 28, Secretary of the Treasury Steven Mnuchin announced the USPS and the Treasury Department have reached agreement on terms of the $10 billion line of credit line authorized in March 2020 by The CARES Act. The CARES Act included language allowing Secretary Mnuchin to negotiate terms of the loan. Conditions on the loan…
The USPS Board of Governors increased its numbers by two to create a quorum. Donald Lee Moak and Bill Zollars were added to the Board on June 20, 2020. Each will be serving the remainder of a 7 year term ending on December 8, 2022. Mr. Moak is the former president of the Air…