The US Postal Service filed its first month preliminary financial report of the 2012 fiscal year (unaudited) with the Postal Regulatory Commission (PRC) . USPS reported a net operating loss of $139 million for the month of October 2011. This same period last year saw a $283 million net profit. USPS reported a drop of […]
Washington, DC – Officially sworn in on October 8th, Postal Regulatory Commissioner Robert Taub assumed his new responsibilities, while Vice Chairman Mark Acton began his second term. They join PRC Chairman Ruth Y. Goldway and Commissioner Nanci Langley. Currently, the Commission is engaged in crucial deliberations regarding the future of the United States Postal Service, […]
September 21, 2011 – RAO Initiative Candidate Facility Status Update submitted to the Postal Regulatory Commission. The list of post offices no longer review are highlighted. Update: List Of Post Offices No Longer Under Review For Closure
75 House Members Call for New USPS Business Model, Not Post Office Closures in Bi-Partisan Letter to PRC Chairwoman Ruth Goldway Congressmen Gerry Connolly (D-VA) Don Young (R-AK), joined by 73 other bipartisan members of Congress, have written Postal Regulatory Commission (PRC) Chairwoman Ruth Goldway to urge the PRC to reject thousands of Post Office […]
The following are excerpts of comments submitted to the Postal Regulatory Commission regarding the Retail Access Optimization Initiative: The financial challenges that face the Postal Service today are, at heart,manufactured, the result of dysfunctional Congressional oversight and a myopic postal management that seeks at every turn to undermine the very basis for its existence. The […]
USPS preliminary net loss for July 2011 –$1.327 Billion, year to date nearly $2 Billion more than planned. The US Postal Service filed its preliminary financial results for ten months of Fiscal Year 2011 with the Postal Regulatory Commission (PRC). USPS reported a net operating loss of $1.327 billion ending on July 31, 2011. After […]
According to PostCom : ♪♫”Oh I heard it — Heard It — Yes, I heard it through the grapevine. . . .” ♫♪ The word has it that the USPS will be submitting its network realignment as a major service change to the PRC in mid September. My understanding is that the PRC will have […]
Washington, DC (August 19, 2011) – The Postal Regulatory Commission yesterday published proposed rules designed to simplify the procedures for people wishing to appeal a post office closing or consolidation, and allow for a speedier decision. Although the law gives the Commission up to 120 days to issue its decision in appeal cases, the proposed rules […]
From The National Association Of Postmasters of the US: On August 11, the Postal Regulatory Commission issued a ruling on the joint NAPUS/League complaint that certain provisions in the USPS’ March 31 proposed post office closing regulations violated current law. (While most of the provisions of the proposed regulations were implemented on July 14, none of […]
From C-SPAN| Washington Journal | August 6, 2011 – Mark Acton, Postal Regulatory Commission Vice Chairman “Mark Acton talked about how the postal service decides which offices to close, when the closures are expected, how much the postal service is losing in revenue, the possible elimination of Saturday service and what all this means for […]