USPS Third Quarter Financial Report
According to financial results released on Aug. 9, the Postal Service has earned $1.3 billion in operating profit so far this year, making this the fourth straight year the USPS is operating in the black. Operating profits in 2015 and 2014 also...
OIG: USPS Cost-Cutting Strategies ‘Not Sustainable’
The Postal Service has cut labor costs by more than $10 billion since the Postal Accountability and Enhancement Act (PAEA) was passed in 2006, but its cost-cutting strategies are “not sustainable,” according to a recent report by the Office of...
Postal Service’s Financial Report Brings Good News
The Postal Service’s latest financial report, which showed an operating profit of $1.2 billion, is good news, said APWU President Mark Dimondstein.
“The report shows there is absolutely no justification for cuts in service to the American people or...