PRC Report Finds $50 Billion Discrepancy In USPS Payment Of Retirement Benefits

Washington, DC – The Postal Regulatory Commission today submitted to Congress, the Office of Personnel Management (OPM) and the United States Postal Service, an independent actuarial report on the allocation of the Civil Service Retirement System (CSRS) benefits paid to former Post Office Department employees. The Postal Service asked for an independent review of current […]

USPS Reports $642 Million Loss for Month Of May

The US Postal Service filed its May 2010 (unaudited) preliminary financial report on Friday, June 24, 2010 with the Postal Regulatory Commission. USPS reported a net income/ loss of $642 million. The total Fiscal Year to year loss is $2.9 billion ($382 lost for April; $381 lost for month of March; $611 lost in February;  $592 […]

Senators ask for field hearings in Hawaii and Alaska on Postal Service proposal to reduce mail delivery to five days a week

The following is a press release from the office of of Senator Daniel Inouye: June 17, 2010 WASHINGTON, D.C. – U.S. Senators Daniel Inouye (D-Hawaii), Daniel Akaka (D-Hawaii), Lisa Murkowski (R-Alaska) and Mark Begich (D-Alaska) today urged the Postal Regulatory Commission to hold field hearings in Hawaii and Alaska on a Postal Service proposal to […]

Postal Worker’s Letter to PRC: Don’t End Saturday Delivery – Save Money Elsewhere

A Texas Postal Worker in a letter to the Postal Regulatory Commission regarding the elimination of Saturday mail delivery he wrote: Greetings Everyone! My name is Bill Hall and I have been a mail processing clerk in the Amarillo, Tx facility for the past 18 years. What I see on a daily basis is the […]

USPS Reports $382 Million Loss For April 2010 And YTD Employee Bonus Payments

The US Postal Service filed its February 2010 (unaudited) preliminary financial report yesterday with the Postal Regulatory Commission. USPS reported a net income/ loss of $382 million. The total Fiscal Year to year loss is $2.3 billion ($592 million lost for the month of January, $179 Million gain the month of December; $255 million lost […]

PRC: Witness List For Hearings In Dallas and Memphis To Consider USPS 5-Day Mail Delivery

Witness List for the Postal Regulatory Commission Field Hearings On U.S. Postal Service Six-Day to Five-Day Mail Delivery Proposal Monday, May 17, 1:00 p.m.Dallas City Hall L1 Auditorium 1500 Marilla Street Dallas, TX Panel 1 Phil Major Editor Wise County Messengerr Decatur, Texas Roy Robinson Publisher, VP, Graham Newspapers Graham, Texas The Honorable Bruce R. […]

APWU Urges PRC To Reject Five-Day Delivery Proposal

APWU Urges Postal Commission To Save Saturday Service APWU  News Testifying at a Las Vegas field hearing, APWU Western Region Coordinator Omar Gonzalez urged the Postal Regulatory Commission to reject the USPS proposal to end Saturday delivery. The plan will “hasten the call for elimination of the private express statutes and legal monopolies, which ensure […]

PRC: Measuring the Social Value of Postal Services to the Nation

Measuring the Social Value of Postal Services to the Nation U.S. Postal Regulatory Commission REQUEST FOR PROPOSAL (RFP) Issued May 7, 2010 The Postal Regulatory Commission (PRC or Commission) is an independent establishment of the executive branch of the federal government with regulatory oversight over the United States Postal Service (USPS or Postal Service). It […]

PRC: Witness List For May 12 Hearing In Sacramento To Consider USPS 5-Day Delivery

Witness List for the Postal Regulatory Commission Field Hearing Sacramento, California Wednesday, May 12, 2010 Panel 1Mury Salls Senior Vice President, DST Mailing Services/President, Major Mailers Association El Dorado Hills, CA Sharif M. Sleiman Director, Global Procurement, eBay, Inc. San Jose, CA Grady Hesters CEO, Audio Editions Auburn, CA Joe Ridout Consumer Services Manager, Consumer […]

PRC: Witness List For May 10 Hearing To Consider USPS 5-Day Delivery

HEARING TO CONSIDER USPS 6-DAY TO 5-DAY DELIVERY INITIATIVE 2010 LAS VEGAS, NEVADA MAY 10, 2010 Witness List Panel 1: Tom Underkoffler, Director, Corporate Logistics, Medco Health Solutions Doug Bowen, Administrator/Central Graphics, Southwest Gas Corporation Arnie Goldstein, Postal Solutions, Inc. Panel 2:Yul Melonson, Las Vegas District Manager, U.S. Postal Service Omar Gonzales, Western Region Coordinator, […]