Posts Tagged ‘USPS’

U.S. Postal Service Asks Elderly Florida Drivers To Stop Crashing Into Post Offices

September 21, 2012

The U.S. Postal Service has taken the unusual step of releasing a set of helpful tips to help reduce the number of drivers in Florida who have been crashing their cars into post offices. This year so far, eight drivers have crashed into post offices in Central Florida alone.

Local ABC affiliate WWSB7 reports that the tips include, “Avoid distracted driving; Proceed slowly and carefully when pulling in, and backing out, of parking spaces; Visibly check to see whether your foot is on the gas pedal or the brake pedal,” and “Visibly check to see if the vehicle is in Park, Reverse or Drive.”

The USPS says the  most common causes of such accidents are when drivers step on the gas instead of the brake pedal and when the driver accelerates thinking the vehicle is in reverse and during the annual food drive.

Elderly confused during Post Office Food Drive.

 

 

USPS Having Canary In The Coal Mine Moment Looking For Alternative Strategies

June 23, 2011

The financially troubled Postal Service is suspending its contributions to its employees’ pension fund.

The agency said Wednesday it is acting to conserve cash as it continues to lose money. The post office was $8 billion in the red last year because of the combined effects of the recession and the switch of much mail business to the Internet. It faces the possibility of running short of money by the end of this fiscal year in September.

Sen. Tom Carper, D-Del., called the announcement “the canary in the coal mine moment for the Postal Service.”

This move underscores the need for Congress to make bold, quick and substantive reforms to the Postal Service.

USPS said we are open to all options.

Postal Service Looking To Default In 4 Months Blame Future Retirees, Hello Newman

May 18, 2011

The Postal Service will begin to default on its financial obligations just over four months from now unless Congress takes action to relieve it of its obligation to pre-fund retiree health care accounts, its leader told lawmakers Tuesday.

Despite our aggressive cost cutting and revenue generating efforts, we are in serious financial predicaments today,” he said. “As things stand, we do not have the cash to make the $5.5 billion prepayment for future retiree health benefits due on September 30. And we may be forced to default on other payments. This could extend to operational expenses.”

USPS contends the prepayment for future retirees is a financial obligation that none of its competitors, nor any government agency, has to live with. The requirement came along with a 2006 postal reform bill that was passed when mail volume was at its peak.

USPS blames future retirees. Hello Newman