Latest News and Highlights

PostCom Meeting Announcements.  On February 11, 2020, PostCom presented Postmaster Megan J. Brennan 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."   PostCom also is pleased to welcome our newest Board of Directors - Mindy McClellan of Discover Financial Services, Bob Schimek of Quad and Debbie Watson of LSC Communications. 

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. 

PostCom Files Comments in the PRC's 10 Year Review.  On February 3, PostCom along with several non-profit associations filed comments and numerous supporting declarations and analyses in Docket No. RM2017-3, the Postal Regulatory Commission's 10 Year Review.  Press Release

NPMHU and the U.S. Postal Service Reach Consensus on the 2019 National Agreement. On January 23, the National Postal Mail Handlers Union (NPMHU) announced that representatives of the NPMHU and the U.S. Postal Service have reached a tentative agreement over the terms of their 2019 National Agreement.

PRC Annual Report On January 21, the Postal Regulatory Commission released its Annual Report to Congress. The report summarizes the work done by the PRC during the last year including highlights of the Commission's proceedings, statistics on the Commission's performance and estimates of the value of the Postal Service's monopoly and cost of the universal service obligations (USO). 

USPS Publishes Updated 5 Year Strategic Plan On Wednesday, January 15, the Postal Service published an updated version of its 5-year strategic plan entitled "Ready-Now ➔ Future-Ready, The U.S. Postal Service Five-Year Strategic Plan FY2020-FY2024". The plan lays out the Postal Service's strategies which are centered around five goals:  Goal 1. Deliver world-class services and customer experiences.  Goal 2. Equip, connect, engage, and empower employees to serve our customers. Goal 3. Innovate faster to deliver value. Goal 4. Invest in future platforms. Goal 5. Pursue legislative and regulatory changes necessary to achieve financial sustainability.

USPS Proposes Seamless Changes for Detached Mail Unit and Full-Service Mailings On Wednesday, January 8, the Postal Service published a notice of proposed rulemaking to require Detached Mail Unit (DMU) mailers and mailers that enter full-service mailings at a Business Mail Entry Unit (BMEU) to participate in Seamless Parallel by March 1, 2020 and enroll in the Seamless Acceptance Program by February 1, 2021 at all DMU sites. Comments on the proposed rule are due on February 7.

PMG Agrees to Delay Retirement On Monday, January 6, the USPS announced that Postmaster General Megan J. Brennan had agreed to delay her retirement, originally scheduled for January 31, 2020, until after the Board of Governors are able to name a successor.  

White House Announces Postal Governor Nominee On December 11, the White House announced an additional nominee to join the Postal Service's Board of Governors. William Zollars of Kansas has been nominated for the remainder of a seven year term that would expire on December 8, 2022. The nomination will now go to the Senate for reconsideration.

USPS Reports FY 2019 Financial Results. On November 14, the USPS released their Fiscal Year 2019 finances.  The agency reported an operating revenue increase of $514 million with an overall volume decline of 3.8 billion pieces.  The net loss for the year was $8.8 billion, an increase in net loss of $4.9 billion compared to 2018.