USPS Financial Solutions Must Include Eliminating Worksharing Discounts

Postmaster General’s Testimony Offers Little Insight Burrus Update The long-awaited announcement about the Postal Service’s plans regarding the dramatic decline in mail volume and revenue was presented on Jan. 28 to the Senate subcommittee with jurisdiction over postal affairs, when Postmaster General John E. Potter explained the crisis facing the USPS, and outlined management’s proposed […]

USPS In Financial Crisis, PMG Potter Tells Congress

PMG Jack Potter today told a U.S. Senate subcommittee that worsening conditions in the economy now point to a further 12-15 billion mailpiece decline and a net financial loss of $6 billion or more in FY 2009.  Potter also proposed changes in current law to give the USPS Board of Governors the flexibility to reduce […]

PMG Potter to Address Worsening USPS Finances Wednesday

Source: National Association of Postal Supervisors (NAPS) Legislative and Regulatory Update – January 26, 2009 (   Rumors have been swirling throughout the Postal Service in recent weeks about big changes coming: significant plant consolidations, area and district staffing reductions, craft work-hour cutbacks, the list goes on.  The Postal Service has remained mum about these […]

Postmaster General Names New Chief Financial Officer

Postmaster General Jack Potter today announced appointments to key leadership positions. Joseph Corbett has been named chief financial officer and executive vice president. Susan Plonkey has been named vice president, Sales.Corbett has more than 25 years of accounting, finance and consulting experience. Most recently, Corbett was president and managing director of FinSol, a finance and […]

Postal Employees FYI: Next Contract Cost of Living Adjustment May Be ZERO?

From Contract COLA =0% There was no projected accumulation toward the fourth regular cost-of-living adjustment (COLA) for letter carriers under the 2006-2011 National Agreement following the January 15 release of the December Consumer Price Index (CPI). The next COLA will reflect the increase in the CPI, if any, between July 2008 and January 2009, […]

Burrus Questions Keeping The Current Levels Of Postal Management While Reducing Craft Employees

APWU President WIlliamBurrus Update Significant Changes Expected; Sacrifices Must Be Shared, Burrus Says Over the past several months I have attempted to alert APWU members to the financial crisis that is confronting the Postal Service, and the substantial impact it will have upon postal employees. Although some in the postal community dismissed my warnings as […]

APWU President Addresses Postal Rumors

Ask the President Question: Would you be able to address any of the rumors that are floating around the Postal Service? President Burrus: Thank you for inquiry about rumors that are circulating throughout the Postal Service. Your question is timely, given the current events in the USPS and in the nation. Over recent months I […]