newsPresident Trump’s 2018 budget resurrects unpopular USPS cost-cutting initiatives
May 24, 2017 01:15 PMThe president’s long-awaited ideas were contained on page 1207 of an annex to Trump’s proposed fiscal 2018 federal budget, released May 23. That’s where the president urged Congress to give the U.S. Postal Service “authority to reduce mail delivery frequency where there is a business case for doing so.”
newsAlaska Purchase sesquicentennial commemorated on Anchorage postmark
May 07, 2017 08:00 AMA commemorative postmark for the Alaska Purchase was put into use in Anchorage, Alaska, this year on March 30. The recent announcement from the U.S. Postal Service notes that the postmark has been granted a 30-day extension.
news10th anniversary of forever stamp prompts significant USPS accounting adjustments
May 01, 2017 05:00 PMThere was no event at USPS headquarters in Washington, D.C., to remember the April 12, 2007, official first day of the first nondenominated (41¢) Liberty Bell forever stamps issued in Philadelphia. However, postal accounting officials say they celebrated the anniversary last summer when they devised a new formula for calculating how the stamps are used.
newsUSPS inspector general report details possible giveaways, selling of discontinued stamp products by former Stamp Fulfillment manager
March 02, 2017 12:00 AMThe way U.S. postal inspectors are telling it, Khalid M. Hussain, the longtime manager of the SFS center, ran a rogue operation for years.
newsUSPS reports $1.4 billion profit, $522 million in ‘controllable income’ for first quarter
February 10, 2017 09:00 AMNo one in Washington disputes that the first quarter of the U.S. Postal Service’s fiscal year is its most profitable. After all, it includes all that revenue from Christmas mail.