|
TOP NEWS STORIES |
NPMHU: Postal Service Suggests
Sweeping Operational Changes Are
Necessary
"In short,
the USPS goal is to create a 20- hour
daily operating window, with all of
the processing work being accomplished
during these hours, leaving only 4
hours of downtime for maintenance of
the machinery and similar functions.
In order to implement this plan after
the facilities have been consolidated,
the Service Standards for most
First-Class Mail and Periodicals would
need to be adjusted from overnight or
one-day delivery to two-day delivery." -
|
$641 million: The price of disgruntled
employees
"Besides
paying tens of billions of dollars
each year in compensation, operations
and overhead costs, the financially
strapped U.S. Postal Service has
another huge annual expense: hundreds
of millions of dollars in settlements
to disgruntled employees and former
employees. This year, the Postal
Service more than doubled its
projections of "probable" liabilities
related to employee grievances and
lawsuits: $641 million, according to
the agency's latest quarterly
financial report." -
|
GAO weighs in on Postal Service's
financial health
"The U.S. Postal
Service's prefunding for retiree
health benefits should either be
eliminated or restructured, and
compensation and benefits for
employees should either follow private
or public sector standards, but not a
hybrid of both, the Government
Accountability Office said in a report
released Thursday." -
Report (PDF) -
GAO Lays Out the Options - What
Matters and Who Loses -
|
|
Ron Bloom,
NALC's Point Man
According to
Wikipedia: "As the deputy to Steve
Rattner (who led the Auto Team at
Treasury), he helped manage the
process that led to the reorganization
of General Motors and Chrysler. An
experienced dealmaker, he played a key
role in extracting concessions from
the companies, their lenders and other
creditors, and the United Auto Workers
(UAW)." -
The Power Behind the Throne at GM -
2009: UAW members approve General Motors
concessions -
|
NALC Brings in
the Big Guns
"The National
Association of Letter Carriers has
apparently decided it's time to bring
in the big guns to defend the
interests of its members. In a
press release today, NALC
announced that it has retained the
services of the investment bank Lazard
Group, LLC, and Ron Bloom, former
assistant to President Barack Obama
for Manufacturing Policy. Lazard and
Bloom will serve "as financial
advisors in connection with issues
relating to the United States Postal
Service." -
Postal Union Turns to Wall Street for
Advice on its Future -
Obama's ex-auto, manufacturing adviser
sets sights on the Postal Service -
|
The Postal
Service isn't owed a big refund, GAO
says
"The
conclusions set for release Thursday
by the Government Accountability
Office run counter to the opinions of
postal regulators, the postal
inspector general and congressional
Democrats, who say Congress should
refund as much as $75 billion to the
Postal Service for improperly
overpaying federal retirement accounts
since the 1970s." -
NALC President Issues Statement -
USPS Not Pleased With Overpayment
Report -
Report (PDF) -
|
Health care is
making the postmaster general angry
"They can get
their own plan," he said of the
federal government, waving his hands
and at times pounding his hand on a
nearby table for emphasis. "I could
care less about them, truthfully.
While we're standing around holding
this $5.5 billion millstone, I didn't
see anyone helping us out. Now we've
come in with a new plan and they say,
"Oh, you can't do that." -
|
Post Office's
Rescue Plan: Junk Mail
"What we want to
do is to make standard mail more
interesting for customers so we can
grow the total volume," Postmaster
General Patrick Donahoe said in an
interview. "We don't call it junk
mail-it's a lucrative avenue for
anyone who wants to reach customers." -
|
Idle Sioux City Postal Workers to Earn
Millions
"Tuesday was
the first day that Scott Tott was
scheduled to become a standby employee
at the Sioux City mail-processing
facility that closed Friday. Tott
- and 39 of his workplace peers -
might have nothing to do for the next
3 and a half years, but will still get
paid. Top postal officials have
studied plans to close the facility
since 2005. Yet in May the officials
agreed to a four-year union contract." -
|