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TOP NEWS STORIES |
Postal Service tech investigated for selling $500K worth of
stolen government goods on eBay
"A U.S. Postal Service computer tech is being probed for
peddling $500,000 worth of stolen government equipment on eBay
- and using the money to buy Knicks tickets. Gregory Giordani
scammed the Postal Service procurement system for seven years,
ordering computer parts, tools, ink toner and even motorcycle
parts which he then sold over the Internet, according to a
search warrant affidavit unsealed in Brooklyn Federal Court." -
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'The Decision Part II'
"Catalogers would receive a 5.1% increase in postage if the
U.S. Postal Service's proposed exigency rate case is approved
by the PRC. The USPS is in a horrible financial state, losing
billions of dollars a year, with five-day delivery a distinct
possibility. If Congress waives the Postal Service's annual
$5.5 billion payment for retiree health benefits before its
scheduled Sept. 30 adjournment, Steve Kearney, senior vice
president, customer relations for USPS, has said withdrawing
the exigent rate case "might be something to consider." -
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Labor Department jolts Postal Service over electrical
work-safety violations
"These
are bad times for the U.S. Postal Service. It's struggling
mightily to stay afloat financially. Now, according to the
Labor Department, it's also a place that can be electrifying
-- literally. The Labor Department said the USPS may have
serious electrical work-safety violations at all of its 350
processing and distribution centers." -
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Postal Service Proposes Price Changes
"Faced
with plummeting mail volume traced to the recession and
increased use of the Internet, the Postal Service is
projecting a deficit of nearly $7 billion for the next fiscal
year. Despite eliminating millions of work hours and reducing
expenses by more than $1 billion every year since 2001, a
budget gap remains. The proposed price changes, if approved,
will raise about $2.3 billion for the first nine months of
2011. Postmaster General John E. Potter said he does not want
customers to bear the burden of dramatic price increases.
Instead, Potter announced in March that pricing would be one
in a series of solutions the Postal Service is pursuing to
become financially sound." - Request
(PDF) - Stamp prices going up again - Affordable
Mail Alliance: Proposed Stamp Price Increase is a "Tax" Hike -
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Sides Form Over Threat to Saturday Mail Service
"The
real communication networks have to be 24/7," Ms. Goldway
said. "The Postal Service in fact should be expanding its
accessibility and delivery capability to meet those needs. The
long-term future of the Postal Service may be limited by their
interest in reducing service today." A recent joint hearing of
Senate and House committees offered a preview of the debate
expected to play out before the commission. Executives from
several businesses that make heavy use of the post office,
including Mr. Hall of Hallmark and Mr. Rendich of Netflix,
disagreed on the long-term viability of a five-day delivery
plan." -
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USPS to File Rate Case Tuesday: Mail Groups Question Legality
"Mailer
groups expect the U.S. Postal Service to file a case for an
exigent postal rate increase Tuesday. Under the Postal
Accountability and Enhancement Act of 2006 (PAEA), the USPS is
entitled to receive annual rate increases based on the rate of
inflation. But this law also entitles USPS to file "exigent"
rate cases under extraordinary circumstances and Postmaster
General Jack Potter said last year the postal service might do
so. Some question its legality and necessity." -
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