Latest News and Highlights

USPS Updates on “COVID-19".  The Postal Service is continuing to monitor the circumstances around the novel coronavirus, also known as “COVID-19.”  Currently there are no service related interruptions or operational impacts, but the USPS will provide any necessary updates on their website at: https://about.usps.com/newsroom/service-alerts/. Other resources: 

PRC Releases the 2019 Annual Compliance Determination. On March 25, the Postal Regulatory Commission (Commission) issued its 2019 Annual Compliance Determination (ACD), an assessment of the U.S Postal Service’s rates and service performance in Fiscal Year 2019. The Commission is required to issue its ACD 90 days after the filing of the Postal Service’s Annual Compliance Report (ACR).

Maloney and Connolly Urge Senate to Pass Emergency Funding for Postal Service Facing Bankruptcy On March 23, House Democrats unveiled a stimulus package that would include provisions offered by Maloney and Connolly.  These provisions would: provide a $25 billion emergency appropriation; eliminate the Postal Service’s current debt; and require the Postal Service to prioritize medical deliveries and allow it flexibility to meet crisis conditions.

MPA and Coalition Comments to Postal Regulatory Commission on Proposed Rate Increases MPA and other leading mailers including PostCom submitted comments asking the Postal Regulatory Commission to withdraw its proposal that would significantly increase postal rates, preserve the inflation-based price cap as required by law, and focus on solutions that will actually lead to a more efficient and successful Postal Service.  MPA and the coalition issued a press release.

PostCom Recognizes Board Member Phil Thompson PostCom presented Phil Thompson of Quad with the J. Edward Day Award. “The J. Edward Day Award is named in honor of the man who, for many years, served as AMMA's general counsel and who also served as Postmaster General in the Cabinet of President John F. Kennedy. The Day Award is presented in recognition of an individual's "extraordinary service to the mailing community and the nation."  

USPS Releases First Quarter FY 2020 Results. On February 6, 2020, the U.S. Postal Service released the financial results from the First Quarter of Fiscal Year 2020.  The Postal Service reported a revenue of $19.4 Billion, which reflected a decrease of $363 million, or 1.8 percent, compared to the same quarter last year.  The net loss for the quarter totaled $748 million, a decrease in net loss of $789 million, compared to a net loss of $1.5 billion for the same quarter last year. 

House Votes to End USPS Prefunding Obligations On February 5, the House of Representatives passed the USPS Fairness Act (H.R. 2382) which, if passed by the Senate and signed by the President, would end retirement prefunding obligations for the Postal Service.