Postal News Roundup
Postal Banking to the Rescue in Both Canada and the U.S. - CNW
A study of banks and payday lending companies in the United States and Canada shows a real need for a postal bank exists, especially in areas where post offices abound but few banks offer their services.
Bad Fuel Calculations Cost Postal Service Millions, Investigation Says - Washington Times
An OIG investigation had led the watchdog to think the USPS is paying contractors for more gas than they use. “This can create an environment for fraud, waste, and abuse,” the IG said. “The risk is that suppliers may use excess gallons for non-Postal Service operations, which is prohibited.” Using more up-to date calculations and putting the excess fuel to better use could save the Postal Service nearly $200 million over the next two years, investigators said. Postal Service officials disagreed with the IG’s concerns over waste.