Latest News and Highlights  

Senator Gillibrand Unveils Bill to Create a Postal Bank. U.S. Senator Kirsten Gillibrand announced major new legislation to create a Postal Bankwhich would establish a retail bank in all of the U.S. Postal Service’s 30,000 locations. The Postal Bank would effectively end predatory payday lending industry practices overnight by giving low-income Americans, particularly communities of color and rural communities, access to basic banking services that they currently don’t have

Task Force on the United States Postal System. On April 12, President Trump issued an Executive Order establishing a "Task Force on the United States Postal System". The Task Force has broad authority to investigate issues impacting the Postal Service and the broader postal ecosystem and will "consider the views of the USPS workforce; commercial, non-profit, and residential users of the USPS services; and competitors in the marketplace." A report from the TF is due within 120 days of the issuance of the executive order.

Senate Hearings on Board of Governor Nominees. The Senate Committee on Homeland Security and Government Affairs has scheduled hearings Wednesday April 18 to examine the nominations of David Williams, of Illinois, Robert M. Duncan, of Kentucky, and Calvin R. Tucker, of Pennsylvania, each to be a Governor of the United States Postal Service. Information about the hearing can be found here.

The Postal Regulatory Commission releases Financial Analysis Report.The Postal Regulatory Commission (Commission) released its Financial Analysis report, which analyzes the overall financial position of the United States Postal Service in Fiscal Year (FY) 2017.  In FY 2017, the Postal Service recorded its first net loss from operations, since FY 2013, of $1.3 billion, largely due to declining mail volume, the expiration of the exigent surcharge, and higher operating costs. However, including non-cash workers’ compensation costs and retirement expenses, the net loss from operations increases to a total net loss of $2.7 billion in FY 2017. This is an improvement of $2.8 billion compared to the total net loss in FY 2016. 

The Postal Regulatory Commission issued its Annual Compliance Determination. On March 29, 2018, the Postal Regulatory Commission issued its Annual Compliance Determination (ACD), a mandated assessment of the U.S. Postal Service’s compliance with pricing and service performance requirements in fiscal year 2017. The Commission identified several compliance issues related to workshare discounts, noncompensatory Market Dominant products, Competitive products, service performance, and continued cost and service problems with flat-shaped mail (flats).

Senators Carper, Moran, Heitkamp & McCaskill Introduce Bipartisan Bill to Stabilize & Improve Postal Service. On March 22, 2018, U.S. Senators Tom Carper (D-Del.), Jerry Moran (R-KS), Heidi Heitkamp (D-ND), and Claire McCaskill (D-MO) introduced The Postal Service Reform Act of 2018: Improving Postal Operations, Service, and Transparency to stabilize, preserve and improve the Postal Service – an essential part of our nation’s infrastructure and economy. Specifically, the bill: Increases Sustainability, Improves and Stabilizes Postal Service and Operations, Prioritizes the Postal Customer with Service Improvements & Protections and Innovates and Modernizes Existing Postal Business Model and Increases Transparency.

President Trump Initiative to Stop Opioid Abuse and Reduce Drug Supply and Demand. On March 19, 2018, the White House released an initiative to Stop Opioids Abuse and Reduce Drug Supply and Demand. The strategy contains three parts: reduce demand and over-prescription, cut off supply, and enhance support services.

Mail-Industry Leaders File Joint Comment in Opposition to Massive Postal Rate Increases. On March 1, 2018, MPA - the Association of Magazine Media, the Alliance of Nonprofit Mailers, the Association for Postal Commerce (PostCom), Idealliance and the American Catalog Mailers Association filed a public comment with the Postal Regulatory Commission (PRC) in response to the 10-year review proposal that would dramatically increase postage rates for some classes of mail by as much as 40 percent.  

More News

 

Five Things You Need to Know

1. PRC issues 2017 ACD

2. Final Ruling in Green & Secure was released

3. USPS had Net Operating Loss of $1.3 Billion in FY2017

4. USPS proposes new rules on Overweight Packages. Comments due 5/21.

5. USPS to Retire Process of Sealing Postal Trailers at Seamless DMUs

 

 

 

 

 

 

 


Upcoming PostCom Events

**NEW DAY!** April 18, 1pm ET.  2018 National Postal Forum Executive Overview.  Register Here

May 7-9.  National Postal Forum San Antonio TX.   

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June 5-6, PostCom Study Day & Board of Directors Meeting. Alexandria, VA

June 19, 3pm ET PostCom Member Webinar  Register Here

Oct 16-17, PostCom Study Day & Board of Directors Meeting. Alexandria, VA

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