Tag: USPS

UPS Says Postal Service Wields Unfair Advantage

Posted by | Apr 25, 2002 | |

If you’re going to compete like a private business, you shouldn’t also have the advantages of a federal agency.

That’s the message United Parcel Service is sending to Congress. Earlier this month, the U.S. Postal Service submitted a financial transformation plan to Congress that would allow it to operate more in the manner of a for-profit business.

“They want to go in and offer negotiated service agreements that target larger shippers that we already does business with,” UPS spokesman Bruce D.D. MacRae said. “They also subsidize their first-class mail to offset pricing flexibility for their package delivery.” The government agency is UPS’s biggest competitor, MacRae said, and the federal agency already operates with inherent advantages.

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US Postal Service, Carriers Reach Deal

Posted by | Apr 24, 2002 | |

The Postal Service has reached a tentative five-year contract agreement with one of its largest unions, the National Association of Letter Carriers.
The last few contracts between the post office and letter carriers were settled by arbitration when the two sides could not reach agreement.
The new contract will be retroactive to last November, when the previous contract expired.

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U.S. PMG Opens National Postal Forum

Posted by | Apr 23, 2002 | |

Postmaster General John E. Potter today told mailing industry representatives that the universal mail service their companies and the American public rely on will be in jeopardy, unless there is a fundamental restructuring of the legislative and regulatory framework within which the Postal Service must operate. But a blueprint for change is on the table – a Transformation Plan for the U.S. Postal Service. Submitted to Congress earlier this month, the plan offers recommendations for fundamental long-term legislative reform, while addressing more immediate steps the Postal Service can take to reduce costs and foster growth. Speaking here to more than 2,500 delegates attending the National Postal Forum, Potter emphasized that the plan is not solely about the needs of the Postal Service. ‘It’s about you and the nine million other people who work in the nation’s $900 billion mailing industry,’ he said. ‘It’s about connecting people — preserving a national universal mail service that connects 280 million people, 125 million households, and 10 million businesses.

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USPS Seeks More Control of Rates, Labor

Posted by | Apr 12, 2002 | |

The U.S. Postal Service’s transformation plan sent to Congress this month recommends turning the postal service into a commercial government operation with financial and labor flexibility more commonly found in the private sector.
This is the best way for the USPS to compete in a changing economy while maintaining universal service, postmaster general John E. Potter said in announcing the plan April 5.

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USPS' 2Q Loss Was $303 Million

Posted by | Apr 10, 2002 | |

The U.S. Postal Service had a second-quarter net loss of $303 million, $123 million greater than planned, USPS chief financial officer and executive vice president Richard J. Strasser Jr. told the agency’s Board of Governors at its monthly meeting yesterday. Strasser also said the USPS expects continuing loss in volume during the third quarter, which ends May 22. He said the USPS could lose as much as $800 million in the third quarter if the economy fails to improve enough to increase mail volume. The postal service’s second quarter was from Dec. 1 to Feb. 22.

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