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12 Jan, 2024
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Tag: Louis DeJoy

USPS Has a Plan: Investments, Cost Reductions, ‘Other Strategies’

March 23, 2021March 23, 2021 Ina Steiner
USPS

A politician quipped, “There’s no DeJoy in the Post Office tonight,” after Postmaster General Louis DeJoy announced his 10-year plan to revive (rescue?) the US Postal Service on Tuesday. The US Postal Service also announced […]

5 CommentsNews, ShippingLouis DeJoy, Postal rate increase, USPS, USPS Delivering for America plan, USPS mail slowdown

USPS Delivery Improvement Is Nothing to Write Home About

March 20, 2021March 20, 2021 Ina Steiner
USPS

The US Postal Service said mail delivery has improved to levels prior to the peak 2020 holiday season and subsequent 2021 winter-storm disruptions. However, it’s nothing to write home about. For the week of March […]

3 CommentsNews, ShippingLouis DeJoy, Postal delays, USPS

USPS Holiday Rate-Hike Helped End-of-Year Revenue

February 9, 2021February 9, 2021 Ina Steiner
USPS

The USPS implemented surge-pricing during the 2020 holiday season that helped it grow revenue in the last three months of the year – its first quarter of fiscal year 2021 ending September 30. The US […]

4 CommentsNews, ShippingLouis DeJoy, Postal legislation, Postal reform, USPS, USPS Fairness Act, USPS financials

USPS Gets Good Grade on Early Pandemic Response

January 18, 2021January 18, 2021 Ina Steiner
USPS

The USPS kept the mail moving during the early stages of the pandemic. That’s the finding of the Office of Inspector General (OIG), which announced the findings of an audit on Monday. The OIG said […]

2 CommentsNews, Shippingcoronavirus, Louis DeJoy, USPS, USPS OIG

USPS Gets $10 Billion to Offset the Impact of the Pandemic

December 30, 2020December 30, 2020 Ina Steiner
USPS

The stimulus package was signed into law on Sunday and, as PostCom reported, includes a provision that converts $10 billion in borrowing authority for the Postal Service to a “grant” that will not require prepayment […]

3 CommentsNews, Shippingcoronavirus, Louis DeJoy, Stimulus package 2020, USPS

Pandemic Accelerates USPS Mail and Package Trends

November 13, 2020November 13, 2020 Ina Steiner
USPS

The USPS was already seeing declining Mail and increasing Package volume, and in the second half of its fiscal year 2020, it saw those trends accelerate due to the pandemic. The US Postal Service reported […]

3 CommentsNews, Shippingcoronavirus, Joseph Corbett, Louis DeJoy, USPS financials

IG Report Shows Poor Execution of USPS Initiatives

November 9, 2020 Ina Steiner
USPS

The US Postal Service Office of Inspector General (OIG) announced today a report it issued that shows poor execution on the part of postal management. “The Postal Service’s implementation of operational changes and initiatives in […]

News, ShippingLouis DeJoy, Postmaster General, Shipping disruption, USPS, USPS OIG

Postmaster General Indicates Packages Are Priority Mail

August 24, 2020August 24, 2020 Kenneth Corbin
USPS

Postmaster general says sorting machines removed to free space for packages, supports six-day delivery When the U.S. Postal Service began decommissioning and removing mail sorting machines earlier this year, the agency was simply executing on […]

2 CommentsNews, ShippingLouis DeJoy, USPS, USPS financials

Postmaster General Postpones Operational Changes til Post-Election

August 18, 2020August 18, 2020 Ina Steiner
USPS

Postmaster General Louis DeJoy is postponing operational changes at the US Postal Service until after the election. The news comes as he draws the ire of the House, the Senate, unions, postal workers, and others […]

8 CommentsNews, ShippingLouis DeJoy, USPS

USPS Agrees to Treasury Loans with Stunning Strings Attached

July 29, 2020July 29, 2020 Ina Steiner
USPS

Congress authorized the USPS to borrow $10 billion from the US Treasury Department as part of the CARES Act (the Coronavirus Aid, Relief, and Economic Security Act). But in negotiating the terms, the Treasury Department […]

7 CommentsNews, ShippingLouis DeJoy, Treasury Department, USPS, USPS financials

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