The Postal Wire


Postal News Roundup

Linn's Stamp News: Should Post Offices Offer Banking Services?
A May 21 report by the United States Postal Service Inspector General has reignited the question of whether the nation’s post offices should offer banking services.

Sanders Welcomes Postal Service Decision to Back Off Plans to Close Plants This Year
“I am pleased that the Postal Service has decided not to shut down virtually all of the 82 mail-processing plants this year,” Sanders said, “but much more needs to be done to ensure that Americans throughout the country receive their mail in a timely manner.” 

Boston Globe: Staples CEO Pay Climbs While Retailer Business Struggles
One person who has prospered through the rocky reshaping of the business is chief executive Ronald Sargent. His annual total compensation has nearly doubled to $12.4 million over the past three years.

Southeast Missourian: Cape Mail-Processing Center May Keep Some Tasks for a While
 Local postal workers opposed to consolidation have claimed the postal service is profitable despite reports of financial loss. They also worry shifting operations caused delayed delivery times and misplaced mail.