Latest News and Highlights  

USPS Updates on “COVID-19".  The USPS will provide any necessary updates on their website at: https://about.usps.com/newsroom/service-alerts/.

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, 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.

Biden Announces Three Nominees for Postal Service Board of Governors On February 24, President Biden announced three nominees to the U.S. Postal Service’s Board of Governors: Anton Hajjar, a former general counsel of the American Postal Workers Union; Amber McReynolds, chief executive of the National Vote at Home Institute, a nonprofit that advocates for improved mail-in voting; and Ron Stroman, a former deputy postmaster general who led Mr. Biden’s transition team for postal-service issues.  

USPS Releases First Quarter 2021 Results On February 9, the U.S. Postal Service reported its financial results for the first quarter of its fiscal year 2021 (Oct. 1, 2020 - Dec. 31, 2020), as the COVID-19 pandemic continues to have an unpredictable impact on the economy and the Postal Service. Net income for the quarter was $318 million. As a result of the pandemic, and to a lesser extent, secular mail declines, the Postal Service’s sales from mail services, its largest sales category, continued to decline during the first quarter, despite record Political and Election Mail volumes associated with the general election. Total operating expenses were $21.1 billion for the quarter, an increase of $1.1 billion, or 5.3 percent, compared to the same quarter last year.

Ron Bloom to Serve as Chairman of the Board On February 9, Ron A. Bloom was unanimously elected by his fellow Governors to serve as the 24th chairman of the Board of Governors. The Governors also unanimously elected Roman Martinez IV to serve as vice chairman. Bloom succeeds Robert M. Duncan, the Board’s chairman since Sept. 2018, and who continues his term as a Governor.

Congress Revives USPS Fairness Act  On February 3, Congress reintroduced the USPS Fairness Act , a bipartisan legislation that would essentially eliminate the Postal Service’s 2006 obligation to pre-fund retiree health benefits. Currently, the requirement costs the USPS more than $5 billion dollars each year. The bill passed the House in 2019, but stalled in the Senate. 

PRC Releases Annual Report  On January 26, the Postal Regulatory Commission released its Fiscal Year 2020 (FY 2020) Annual Report to the President and Congress. The report provides a summary of the primary activities undertaken by the Commission throughout the year. By law, the Commission is required to submit its report to the president and Congress concerning the operations of the Commission, including the extent to which regulations are achieving the rate-setting objectives of the Postal Accountability and Enhancement Act of 2006. 

Michael M. Kubayanda Designated Chairman of the PRC On January 25, President Joe Biden designated Commissioner Michael M. Kubayanda to serve as Chairman of the Postal Regulatory Commission, succeeding Robert G. Taub.