Latest News and Highlights

USPS Releases Second Quarter Finances On May 7, the U.S. Postal Service released its financial reports for the 2021 second quarter ending March 31.  The USPS reported a net loss of $82 million, compared to a net loss of approximately $4.5 billion for the same quarter last year, and total revenue of approximately $18.9 billion, an increase of approximately $1.1 billion, or 6.0 percent, compared to the same quarter last year.  The agency attributed loses to the pandemic surge in demand for package deliveries, increased operating costs and a continued decline in revenue from mail services. The USPS also showed that service performance improved in the quarter, with improvements continuing.   

PostCom Files "Mailer Petitioner Initial Brief" On April 13, PostCom joined other mailing associations in filing a "Mailer Petitioner Initial Brief" with the DC Circuit court as part of our ongoing effort to roll back the rate regulations put in place after the Postal Regulatory Commission's (PRC) 10-year review.

PRC Issues its ACD for FY2020 On March 29, the Postal Regulatory Commission (PRC) issued its Annual Compliance Determination (ACD) for FY2020. The ACD found that the Postal Service did not comply with the requirement that all products generate sufficient revenue to cover their attributable costs, citing numerous products (both market-dominant and competitive) where revenues were not sufficient to cover costs.  Also, a number of workshare incentives were declared non-compliant because the discounts exceeded the avoided costs of the workshared activity and in most cases the Postal Service did not achieve its service performance targets. Overall, the ACD admonishes the Postal Service for its failures to meet service standards and sets forth additional reporting requirements designed to encourage improvement.

USPS Creates Joint Task Force with Union Leaders  On March 23, the United States Postal Service announced it has created a Joint Task Force on Service Performance with Union leaders in order to identify and address service issues at select locations across the country.  The National Task Force will also ensure resources are allocated, lines of communication are open and concerns that are not resolved locally are escalated quickly.  

USPS Unveils its Ten Year Plan On March 23, the United States Postal Service unveiled its highly anticipated ten year plan,  "Delivering for America: Our Vision and Ten-Year Plan to Achieve Financial Sustainability and Service Excellence".   The plan aims to meet or exceed 95 percent network-wide, on-time delivery and is projected to achieve a positive net income within three years while maintaining universal six-day mail delivery and expanding seven-day package delivery.

Chairman Maloney Introduces New Postal Bills On March 5, Rep. Carolyn B. Maloney, the Chairwoman of the Committee on Oversight and Reform, has introduced new postal bills: The Vote by Mail Tracking Act will make it easier for election officials and voters to track the status of their ballots and for the Postal Service to identify, process, and deliver ballots more effectively.  The legislation has been included in an amendment to H.R. 1, the For the People Act. The Nonpartisan Postmaster General Act would designate the Postal Service Board of Governors, the Postmaster General, and the Deputy Postmaster General as “further restricted employees” under the Hatch Act to prevent them from holding any political position while in office and to ensure that these positions are filled by qualified experts rather than political operatives.