From @GovExec: USPS posts $1.3B quarterly loss, as officials clash over fixes. Detailing its first quarter performance Thursday, postal leaders praised service improvements during the holidays season, while bemoaning the agency’s financial prospects. bit.ly/4topb0X
USPS begins penny-rounding policy.
This only applies to cash transactions when the coin is unavailable bit.ly/4sf5Uyx
From @savethepo: Implementation Update on the USPS Processing Network. STPO did a great job summarizing what's open and what's coming. bit.ly/4qxEAKn
From @fedweek: This Holiday Season, the Postal Service Matters More Than Ever bit.ly/48JWL9E
From @FreightWaves: US Postal Services wants retailers to compete for last-mile delivery. Leadership says it needs bigger revenue stream to stave off financial crisis bit.ly/3YBlNlj
From @GovExec: Postal Service hopes selling access to its final-leg delivery network will provide much-needed revenue bit.ly/4aUc0xZ
The Pittsburgh-based consulting firm Ship Matrix said that UPS’s on-time performance was 98.9%, followed by FedEx at 98.3% and the Postal Service at 97.2%.
Postal could take another hit. Section 205 of the INVEST Act directs the SEC to finalize a rule, permitting investment companies to switch to electronic-only delivery for financial information that is legally required to be sent to clients in hardcopy form.
From @savethepo: Implementation update on USPS Sorting & Delivery Centers bit.ly/44OT54b
From @BrookingsInst: How USPS network changes threaten prescription drug access for vulnerable populations bit.ly/3Ktvq29
From @CARandDRIVER: Special Delivery: We Drive the U.S. Postal Service's New Mail Truck
Yes, it looks dorky, but this battery-powered delivery van's weirdness is purposeful. bit.ly/3MhTS73
From @fedweek: How the USPS’s De-Policing Experiment Helped Usher in a Crime Wave bit.ly/4hLkVna
From @GovExec: With DeJoy out, postal stakeholders push for pause in criticized Delivering for America overhaul plan bit.ly/4l3fTDh
From @thehill: Postal Service joins Trump administration immigration enforcement effort bit.ly/4iJnhl5
From @dailykos: Trump turns USPS into trash as he appointed Anthony Lomangino to the Board of Governors. Known in Florida as the "trash kingpin" for his waste management companies, Lomangino donated $8.9 million to the Right for America super pac. bit.ly/44oUnDo
From @savethepo: NEW REPORT: 102 million Americans who live in suburbs, small towns, and remote areas would pay biggest price for postal privatization @bebtx @MailersHub bit.ly/42vcDK3
From @fedweek USPS Falling Short on Processing Facility Work Hour Reduction Goals, Says Audit @bebtx @MailersHub bit.ly/4lK3THt
From @PRNewswire: The Postal Service Must Pause All Major Decisions Until a New Postmaster General is on Board @bebtx @MailersHub bit.ly/424nevb
From federalnewsnetwork.com After DeJoy’s exit, USPS unions wary of Trump shakeup at agency Despite a positive first quarter in fiscal 2025, USPS posted a nearly $1.3 billion loss for February. @bebtx @MailersHub bit.ly/4j3heZa
