Category: Press

Exclusive Management ‘My plan is about growth’: DeJoy charts path for USPS to thrive, not just survive Jory Heckman@jheckmanWFED July 24, 2023 8:09 am 19 min read       The Postal Service no longer teeters on the brink of a crisis. Postmaster General Louis DeJoy is trying to keep it that way. USPS no longer finds…

Postmaster General Louis DeJoy Eschews Oversight, Rips into PRC May 17, 2023 Ina Steiner Postmaster General Louis DeJoy testified at an oversight subcommittee hearing on Wednesday (May 17, 2023) about his Delivering for America plan, and when questioned by one lawmaker, laid into the Postal Regulatory Commission (PRC), which is an independent Federal agency that…

Mailers defend the PRC’s public inquiry into Delivering for America May 13, 2023 On April 20, the Postal Regulatory Commission opened a Public Inquiry docket to examine the Postal Service’s Delivering for America plan, particularly the initiative to relocate carriers from post offices to large Sorting & Delivery Centers. On May 5, the Postal Service filed a motion arguing…

New Postal Rates Might Spike 8.1% by Richard H. Levey on April 11th, 2023 Inflation rates, along with a drop in U.S mail volume, are boosting the case for postage rate increases, according to a memo from The Alliance of Nonprofit Mailers. U.S. Postal Services officials filed its case at the Postal Regulatory Commission yesterday.…

The Postal Service has suffered significant volume losses so far this fiscal year, leading to an overall dip in revenue. Justin Sullivan/Getty Images Management USPS Is Losing a Lot More Money in 2023 Than It Expected The Postal Service has gotten rising costs under control, but mail volume losses are accelerating. March 27, 2023 The…

Agency Oversight USPS falling behind on financial goals for FY 2023, doubles projected losses Jory Heckman@jheckmanWFED March 2, 2023 10:42 am 6 min read        The Postal Service, as it moves ahead with plans to make long-deferred upgrades to its vehicle fleet and delivery network this year, is falling behind on its financial goals for…

The Postal Service could borrow up to $3 billion in any given year. NurPhoto / Contributor Getty Images Management USPS Opens a New Line of Credit With Treasury The Postal Service has grown its liquidity immensely, but is eligible to borrow up to an additional $5 billion. February 10, 2023 02:19 PM ET The U.S.…

Postmaster General Louis DeJoy is not happy that some groups are once again seeking to block USPS from using its full authority to raise rates above inflation. Graeme Jennings-Pool/Getty Images Management Louis DeJoy Laments the Existence of USPS’ Regulator The postmaster general jokes he would be better off without the regulatory commission, which exists to…

US Stamps New 40¢ stamp good for both mass mailers and collectors Nov 2, 2022, 10 AM This United States 40¢ Red Fox stamp is scheduled to be issued in 2023. Philatelic Foreword by Jay Bigalke Among the many new 2023 United States stamps revealed in late October was a 40¢ Red Fox stamp that…

US Stamps The story behind the upcoming 2023 40¢ Red Fox stamp Oct 28, 2022, 10 AM A 40¢ stamp picturing a red fox is part of the United States Postal Service’s 2023 U.S. stamp program. The stamp is intended for use by bulk mailers on their postage-paid return envelopes. Washington Postal Scene by Bill…