postal service

US Postal Service hamstrung by poor workers' compensation practices

By: Staff report 10/19/11 9:53 PM

DIM BULB: The U.S. Postal Service inspector general reported that the deficit-ridden agency could save as much as $335 million a year if it cleaned up its slipshod workers’ compensation practices. Some 16,200 USPS employees and retirees are currently on the long-term workers’ comp rolls — more than one-third of the total for the entire federal workforce. Read More

Broke USPS still pays workers millions to do nothing

By: Staff report 08/30/11 11:07 PM

WHAT: The U.S. Postal Service will lose about $9 billion this year due to slumping mail volume, but during the first six months of 2011 it paid idling workers $4.3 million for 170,666 hours of “standby time.”WHY: Longtime labor agreements with the largest postal unions prohibit the Postal Service from laying off or reassigning workers because of broken equipment or periods of low mail volume. Read More

Congressional interference eating Postal Service profits

By: Fredric Rolando 07/10/11 4:00 AM

I’d like to provide some facts forthe next time you hear about multibillion-dollar Postal losses or potential bailouts. For starters, the Postal Service doesn’t use a dime of taxpayer money and hasn’t for more than a quarter-century. Its revenue comes from the sale of its products and services — delivered to residents and businesses at the best rates in the industrialized world. Read More

Deliver reforms to the troubled, money-losing Postal Service

By: Darrell Issa 06/27/11 8:34 PM

Unless Congress takes action now, the future of the United States Postal Service is in jeopardy. But if Congress will enact a sensible, sweeping reform of the Postal Service, we can protect taxpayers from another bailout and make it possible for USPS to implement a sustainable business plan for the future. Read More

Postal Service employees arrested for tampering with letters, packages

By: 01/02/11 10:00 PM

WHO: U.S. Postal Service WHAT: In a report to Congress, the Postal Service’s inspector general reported 453 arrests stemming from 1,190 investigations of mail tampering. Read More