Tuesday, August 12, 2014

Don't ever request the USPS to "forward" your mail!------Postal Service Ends Third Quarter With $2B Loss

It's a political jobs program, NOT a service company.
Postal Service Ends Third Quarter With $2B Loss:
"The USPS recently posted in the Federal Register a closure proposal that would begin in January 2015, including changing from the current one-day service standard for first-class local mail delivery to two days and closing or consolidating 82 mail processing facilities across the country.
Before leaving for an August recess, more than 20 senators sent a letter to the Senate Appropriations Committee seeking to impose a one-year moratorium on those plans.
The senators say the closures would result in the loss of 15,000 postal jobs.
The Postal Service has closed 141 processing plants since 2012, when it began implementation of a previously delayed streamlining plan, according to Government Executive.
The USPS has recorded a loss in 21 of the last 23 quarters, the excepted quarters being the two in which Congress rescheduled the Retiree Health Benefits prefunding payments."

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