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Postal News Roundup

Profits at Canada Post show Crown corporation's potential
“Profits atCanada Post has once again turned a profit. The Crown corporation made $81 million in net profit in 2016 in spite of a management team that refuses to innovate, and despite management threats to lock out postal workers last summer, which scared away a hundred million dollars in business. The union representing the majority of postal workers says it's time to stop the doom and gloom. ‘Canada Post is a public sector success story,’ said CUPW National President Mike Palecek. ‘For years, they've tried to cut our public services and jobs by claiming the sky is falling. Their dire predictions have never materialized.’ Palecek pointed out that the postal system has consistently made money and will continue to, if it plots the right course…”

Protesters picket Vt. post office
“…Helping to coordinate the rally was John Dirzius, Northeast regional coordinator of the American Postal Workers Union, AFL-CIO, which represents postal workers in New England and New Jersey. ‘This is a post office where we’ve had problems for the past year and a half, two years,’ Dirzius said. ‘We have an issue of dignity and respect where they don’t respect the workers. …We have grievances that get settled but are never implemented. We have service issues — long lines going out the door because the right staffing isn’t on the windows. While we don’t represent letter carriers — they’re a different union — they’re also out till 7, 8, 9 o’clock at night because the staffing isn’t right…’”

10th anniversary of forever stamp prompts significant USPS accounting adjustments
“…However, postal accounting officials say they celebrated the anniversary last summer when they devised a new formula for calculating how the stamps are used. The new formula ‘really revolutionized’ how the U.S. Postal Service figures how many of the stamps are used, said Maura A. McNerney, USPS vice president and controller. Before forever stamps, she explained, the USPS had a pretty stable way of figuring how U.S. stamps were used. That formula assumed that most denominated stamps would be used within two years of their purchase. The ones that weren’t used were considered ‘breakage,’ stamps tucked into albums by collectors and those lost or destroyed…”

Workload From Hell: S Korea Post Office’s Election Blues
“…On Apr. 25, 47-year-old Gwak Hyun-koo, a mailman in South Chungcheong province, died of cardiac infarction. The Korea Post confirmed that he had died, but not in the middle of delivering a package, as some outlets reported. According to the Huffington Post , Gwak’s family and colleagues speculated that he had died from working too much...”