A new Office of Inspector General (OIG) report has urged the US Postal Service not only to address the challenge posed by the overall decline in First Class Mail (FCM) volumes, but also examine the reasons for the “widely varying levels of demand” in different geographical areas.
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An audit of the US Postal Service delivery fleet has found that current vehicles can only sustain services until 2017 but that replacement plans have not yet been fully funded or approved.
Read MoreThe US Postal Service inspector general has come back with a fresh estimate of the USPS federal pension surplus – estimating it to be worth $12.48bn.
Read MoreThe US Postal Service confirmed today that barring last minute action by Congress, it will default on a $5.5bn payment to the federal government due on Wednesday (1 August).
Read MoreWith the US Postal Service now in the process of consolidating its mail processing network, its Inspector General has called for lessons to be learned from a particularly problematic consolidation carried out last year.
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