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A Flurry of Postal Bills Introduced in the House
Considering there is so much dysfunction in Washington these days, it is a bit surprising that Postal matters are on anyone’s mind. A House committee hearing held on April 30th was, many opined, a precursor to introduction of draft legislation similar to H.R. 756 that was introduced in the 115th Congress. During the hearing, many… Read More
USPS Reports FY 2019 Q2 Financial Results
Per an Industry Alert issued by the USPS® on May 10, 2019: On Friday May 10th, the U.S. Postal Service reported its financial results for the second quarter of 2019. USPS posted a $1.1 billion net loss for the quarter, compared with a $1.2 billion loss during the same period last year (SPLY). Year-to-date, the… Read More