Topic: National Association of Letter Carriers
All Content
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Losing $25M a day? Congress shrugs off USPS losses
The United States Postal Service is losing $25M a day, but Congress voted against cutting Saturday deliveries. The USPS might still choose to deliver nothing but packages on Saturdays, some analysts say.
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Will Saturday cuts save the Postal Service?
Postmaster General Patrick R. Donahoe announced plans to reduce Saturday deliveries beginning in August. The Postal Service says the changes will save $2 billion annually. Though The Postal Service lost $15.9 billion last fiscal year, some in Congress and elsewhere oppose the Saturday cutbacks.
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Post Office record loss hits $15.9 billion. Retiree benefits to blame.
Post office record loss reached $15.9 billion for the year, with more losses expected in 2013. Heath benefits for retirees accounted for the bulk of the post office record loss.
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US Postal Service defaults. Fate lies with Congress.
US Postal Service defaults on $5.6 million payment to US Treasury. Having squeezed costs, postmaster general says future of US Postal Service depends on Congress.
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US Postal Service to default on multi-billion dollar payment. Again.
The US Postal Service to default on a $5.6 billion debt it can't afford to pay. The US Postal Service default is its second missed multi-billion dollar payment in just as many months.
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Stamp prices: Up another penny in 2012
Stamp prices will rise from 44 cents to 45 cents for a one-ounce first-class letter. Rise in stamp prices takes effect Jan. 22.
10/19/2011 01:56 am
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