Addressing the US Postal Service's Financial Crisis

Addressing the US Postal Service's Financial Crisis

Author: United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security

Publisher:

Published: 2012

Total Pages: 192

ISBN-13:

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Addressing the U. S. Postal Service's Financial Crisis

Addressing the U. S. Postal Service's Financial Crisis

Author: United States. Congress

Publisher: Createspace Independent Publishing Platform

Published: 2017-12-12

Total Pages: 186

ISBN-13: 9781981626014

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Addressing the U.S. Postal Service's financial crisis : hearing before the Federal Financial Management, Government Information, Federal Services, and International Security Subcommittee of the Committee on Homeland Security and Governmental Affairs, United States Senate, of the One Hundred Twelfth Congress, first session, May 17, 2011.


U. S. Postal Service: Financial Crisis Demands Aggressive Action

U. S. Postal Service: Financial Crisis Demands Aggressive Action

Author: Phillip Herr

Publisher: DIANE Publishing

Published: 2010-09

Total Pages: 13

ISBN-13: 1437931146

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The U.S. Postal Service's (USPS) financial condition and outlook deteriorated significantly during FY 2009. USPS was not able to cut costs fast enough to offset declining mail volume and revenues resulting from the economic recession and changes in the use of mail, such as electronic bill payment. The USPS needs to restructure to improve its financial viability. Declines in mail volume and revenue, large financial losses, increasing debt, and financial obligations will continue to challenge USPS. This testimony provides: (1) info. on USPS's financial condition and forecast; and (2) the need for USPS restructuring. In addition, questions and issues are included for Congress to consider regarding USPS's proposal to reduce delivery from 6 to 5 days.


U. S. Postal Service's Financial Condition

U. S. Postal Service's Financial Condition

Author: Kevin R. Kosar

Publisher: DIANE Publishing

Published: 2010-11

Total Pages: 16

ISBN-13: 1437931294

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Provides an overview of the U.S. Postal Service¿s (USPS) financial condition, recent legislation to alleviate the USPS¿s financial challenges, and issues for the 111th Congress. Since 1971, the USPS has been a self-supporting gov¿t. agency that covers its operating costs with revenues generated through the sales of postage and related products and services. Recently, the USPS has experienced significant financial challenges. Contents: (1) Background; (2) Financial Difficulties, FY 2006-09: (3) FY 2010 Financial Condition; (4) Issues for Congress: Increasing Revenues: Altering Postage Rates; Reducing Costs; Reducing Pension Costs; Reducing the USPS¿s Retail and Nonretail Facilities; Reducing Mail Delivery from 6 to 5 Days/Week. Illus.


Continuing to Deliver

Continuing to Deliver

Author: United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Federal Workforce, Postal Service, and the District of Columbia

Publisher:

Published: 2010

Total Pages: 288

ISBN-13:

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U. S. Postal Service

U. S. Postal Service

Author: Phillip Herr

Publisher: DIANE Publishing

Published: 2011-05

Total Pages: 18

ISBN-13: 1437982638

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The U.S. Postal Service's (USPS) financial condition and outlook are deteriorating because revenues are not sufficient to cover its expenses and financial obligations. These challenges continue to threaten USPS's financial viability. USPS also faces cost pressures from maintaining a national network of processing, retail, and delivery operations. This testimony discusses: (1) updated information on USPS's financial condition and outlook; and (2) actions needed to modernize and restructure USPS. Charts and tables. This is a print on demand edition of an important, hard-to-find publication.


U.S. Postal Service

U.S. Postal Service

Author: United States Government Accountability Office

Publisher: Createspace Independent Publishing Platform

Published: 2018-05-12

Total Pages: 28

ISBN-13: 9781719032070

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U.S. Postal Service: Financial Crisis Demands Aggressive Action


U. S. Postal Service: Broad Restructuring Needed to Address Deteriorating Finances

U. S. Postal Service: Broad Restructuring Needed to Address Deteriorating Finances

Author: Phillip Herr

Publisher: DIANE Publishing

Published: 2010

Total Pages: 18

ISBN-13: 1437920888

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The U.S. Postal Service's (USPS) financial condition has worsened this year, with the recession and changing mail use causing declines in mail volume and revenues despite postal rate increases. The USPS expects these declines to lead to a record net loss and an unprecedented cash shortfall even if ambitious cost cutting is achieved. Delivery accounts for nearly half of USPS salary and benefit costs. This testimony: (1) updates USPS's financial condition and outlook; and (2) discusses the need for USPS to restructure its mail processing, retail, and delivery networks and its efforts to improve their efficiency. Charts and tables.