Author: Steve Kearney
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December 10, 2014: Mailer Notes
How to Define Charity Effectiveness by Wounded Warrior Project CEO Steve Nardizzi Things are looking up for Megan Brennan’s tenure as Postmaster General USPS 2014 10-K Opposition to Mickey Barnett re-appointment Replacement of Ruth Goldway Postal Board might lose its ability to function Senators push for delay of necessary plant closures Postal reform very unlikely…
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Word of a CPI Rate Increase Slips Out And Uncertainty Mounts 
December 10, 2014 During a teleconference with customers last week, a Postal Service employee revealed that the postal staff was working on a CPI rate case for possible implementation on April 26, 2015. This came during a discussion of pricing promotions for next year and when they likely would commence. It makes sense that, with the prospect of…
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USPS Submits its 2015 Financial Plan
December 10, 2014 The Postal Service plan for the fiscal year that started October 1, 2014 calls for an accounting net loss of $6.1 billion compared to a loss of $5.5 billion last year, and a controllable operating profit of $0.5 billion compared to $1.4 billion in 2014. The plan projects a decline in mail volume of…
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USPS Releases 10-K Financial Results for FY 2014
December 10, 2014 The official, audited financial results for FY 2014 were a huge improvement over recent years and represent the payoff from several factors: On-going efficiency improvements by postal management. Growing reliance on lower-wage employees. The exigent rate surcharge. The growing market for package delivery driven by e-commerce. The improving economy. The liquidity crisis…
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Robert Taub Appointed Acting Chairman of PRC Nanci Langley and Tony Hammond are Confirmed
December 10, 2014 On Thursday, December 4, the Postal Regulatory Commission (PRC) announced that President Obama had appointed Commissioner Robert Taub as Acting Chairman, replacing Ruth Goldway who had been Chairman since August 2009. She was first appointed by President Clinton in April 1998 to the predecessor agency, the Postal Rate Commission, and twice reappointed by…
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Postal Rates For 2015
Publishing Executive Postal rates might actually decrease, paper will likely rise D. Eadward Tree’s 2015 Postal & Paper Price Forecast December 2014 By D. Eadward Tree If you are trying to budget key price changes for 2015, forget recent history and put away the economics textbook. The monopolistic U.S. Postal Service will forego its usual…
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Tax Policies Top Agenda
Tax Policies Top Agenda For Lame Duck Congress By Mark Hrywna – The Nonprofit Times – December 2, 2014 Leaders at national nonprofits are unifying in an attempt to make permanent three charitable provisions in the tax code during the lame duck Congress before a new session begins in January. With Republicans taking control of…
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Senator Ron Johnson (R-WI) will be the New Chairman of the Senate Oversight Committee, Replacing Carper
November 19, 2014 Here is Chairman Johnson’s official biography: Both of Ron’s parents were born and raised on farms. Their work ethic and small-town values were naturally passed along to their own children. As a result, Ron has worked hard all his life. As a boy, he mowed lawns, shoveled snow, delivered papers, and caddied…
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Jason Chaffetz (R-UT) is Replacing Darrell Issa (R-CA) as House Oversight Chair
November 19, 2014 This is a huge promotion for young Jason Chaffetz (born March 26, 1967) who campaigned hard for this position. After being a record-setting placekicker on the Brigham Young University football team, he rose quickly on the staff of Jon Huntsman before running for Congress in 2008. In some ways he is very…
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Exigent Revenue Making a Difference
Nov 19, 2014 The USPS reported yesterday to the Postal Regulatory Commission (PRC) that it collected $495.8 million in exigent surcharge revenue in Q4 of FY 2014, and $1.351 billion in cumulative surcharge revenue toward the $3.2 billion cap set by the PRC. They are 42% of the way there. The cumulative breakdown by class…