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 Service Performance Rebounds  On August 31, the U.S. Postal Service sent a letter to the House Committee on Oversight and Reform and the Senate Homeland Security and Governmental Affairs Committee as a follow-up to the hearing on August 24.  In the letter, the Postal Service provided service performance charts showing significant increases in all mail categories.  The Postal Service has also committed to providing weekly service performance updates throughout the election season and the remainder of 2020. 

House Passes Bill to Fund U.S. Postal Service On August 22, the House of Representatives passed HR 8015: the Delivering for America Act, which would provide $25 billion in funding to the Postal Service to mitigate the impact of the Covid-19 pandemic, and which would require USPS to restore service performance efforts to pre-Covid levels. The bill passed 257 to 150 mostly along party lines with no Democrats voting against the legislation, and only twenty-six Republicans voting in its favor. Senate Majority Leader McConnell (R-KY) has indicated that the Senate will not vote on the bill. 

House and Senate Hearings on the U.S. Postal Service.  On August 21, the U.S. Senate Committee on Homeland Security & Governmental Affairs will conduct a hearing "Examining the Finances and Operations of the United States Postal Service During COVID-19 and Upcoming Elections" via video conference.   On August 24, the House Committee on Homeland Security & Governmental Affairs will conduct a hearing "Protecting the Timely Delivery of Mail, Medicine, and Mail-in Ballots” live and via video conference with Postmaster General DeJoy and Governor Robert Duncan as witnesses. 

U.S. Postal Service Announces Temporary Price Increase On August 14, USPS announced a temporary price increase on its commercial shipping products that will be in effect from October 18, through December 27 of this year. The price increases vary by product and by weight cell and range from about 4 percent at low end to as much as 12 percent in some cases. 

U.S. Postal Service Releases 3rd Quarter Financials  On August 6, USPS reported its financial results for the third quarter of 2020. As expected, the Covid-19 pandemic, which has had a disastrous impact on the US economy, is affecting USPS’ finances in a significant way. The U.S. Postal Service posted a loss for the quarter of $2.2 billion, slightly less than last year’s $2.3 billion loss during the same quarter of 2019. Revenue for the quarter increased by more than $500 million over last year at $17.1 billion. Expenses, driven largely by a compensation and transportation increases were up by $470 million. 

U.S. Postal Service Reaches Agreement with Treasury On July 28, the USPS announced that it reached an agreement in principle with the United States Department of the Treasury on the terms and conditions associated with $10 billion lending authority provided in the CARES Act. DeJoy expressed his appreciation to U.S. Treasury Secretary Steven Mnuchin for working with him to reach mutually acceptable terms and conditions. 

PMG Louis DeJoy Releases Statement On July 27, Postmaster General Louis DeJoy released a statement addressing operational changes that have received widespread attention in the media over the last two weeks. In addition to calling for regulatory and legislative reform, the PMG notes "changes must be made, and we will refocus on all of the items within our control, and propose changes to some that are not, in order to ensure that we will be able to continue to fulfill our universal service obligation to all of America.”

DTAC Acquires Mail.dat® & Mail.XML™ Specifications From Idealliance PostCom is pleased to announce that Delivery Technology Advocacy Council (DTAC) and Idealliance have agreed to transfer ownership and management of the Mail.dat and Mail.xml specifications to DTAC. Several members of PostCom's Board of Directors were instrumental in forging this agreement that will help ensure technological continuity and stability for the mailing industry in the years to come. Official Press Release

Governor Nominees Confirmed. On June 18, the Senate confirmed the nominations of William Zollars and Donald Lee Moak to be Governors of the US Postal Service. Once sworn in there will be six Governors on the Board, sufficient to restore a quorum.

USPS Publishes Annual Household Diary Study. On May 29, the Postal Service published the Household Diary Study.The Household Diary Study survey, fielded continuously since 1987, aims to collect information on household use of the mail and how that use changes over time. The survey collects household information on demographics, lifestyle, attitudes toward mail and advertising, bill payment behavior, and use of theInternet and other information technologies.

OIG Releases the Semi-Annual Report. The Office of the Inspector General (OIG) has released its semi-annual report to Congress which summarizes OIG activities and performance for the first half of Fiscal Year 2020. So far this year OIG audits have identified $5.8 billion in funds that could be used more effectively, and investigations have led to the recovery of more than $400 million.