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Addressing the US Postal Service's Financial Crisis

Addressing the US Postal Service's Financial Crisis PDF 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:
ISBN:
Category : Political Science
Languages : en
Pages : 192

Book Description


Addressing the US Postal Service's Financial Crisis

Addressing the US Postal Service's Financial Crisis PDF 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:
ISBN:
Category : Political Science
Languages : en
Pages : 192

Book Description


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

U. S. Postal Service: Financial Crisis Demands Aggressive Action PDF Author: Phillip Herr
Publisher: DIANE Publishing
ISBN: 1437931146
Category : Political Science
Languages : en
Pages : 13

Book Description
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 PDF Author: Kevin R. Kosar
Publisher: DIANE Publishing
ISBN: 1437931294
Category : Political Science
Languages : en
Pages : 16

Book Description
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 PDF Author: United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Federal Workforce, Postal Service, and the District of Columbia
Publisher:
ISBN:
Category :
Languages : en
Pages : 288

Book Description


U.S. Postal Service

U.S. Postal Service PDF Author: Phillip Herr
Publisher:
ISBN:
Category : Postal service
Languages : en
Pages : 9

Book Description


The Impact of the Economic Crisis on the U.S. Postal Service

The Impact of the Economic Crisis on the U.S. Postal Service PDF 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:
ISBN:
Category : Postal service
Languages : en
Pages : 100

Book Description


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

U. S. Postal Service: Broad Restructuring Needed to Address Deteriorating Finances PDF Author: Phillip Herr
Publisher: DIANE Publishing
ISBN: 1437920888
Category : Political Science
Languages : en
Pages : 18

Book Description
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.

U. S. Postal Service

U. S. Postal Service PDF Author: Phillip Herr
Publisher: DIANE Publishing
ISBN: 1437982638
Category : Reference
Languages : en
Pages : 18

Book Description
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.

The U.S. Postal Service's Financial Condition

The U.S. Postal Service's Financial Condition PDF Author: Kevin R. Kosar
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Report that discusses the USPS financial challenges, agency's revenues, and recent financial difficulties.

U. S. Postal Service: Financial Challenges Continue, with Relatively Limited Results from Recent Revenue-Generation Efforts

U. S. Postal Service: Financial Challenges Continue, with Relatively Limited Results from Recent Revenue-Generation Efforts PDF Author: Phillip Herr
Publisher: DIANE Publishing
ISBN: 1437925227
Category : Business & Economics
Languages : en
Pages : 16

Book Description
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 vol. and revenues resulting from the economic downturn and changing mail use. USPS would not be able to make the $5.4 billion payment to prefund postal retiree health benefits that was due by the end of the year. This testimony: (1) updates USPS's financial condition and outlook; (2) describes changes made by the Postal Account. and Enhancement Act of 2006 that provided USPS with greater flexibility to generate revenues; (3) outlines USPS's revenue-generation actions and results using this flexibility; and (4) discusses options to generate increased revenues in the future.