U S Postal Service Financial Crisis Demands Aggressive Action
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Author | : United States Government Accountability Office |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 28 |
Release | : 2018-05-12 |
Genre | : |
ISBN | : 9781719032070 |
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U.S. Postal Service: Financial Crisis Demands Aggressive Action
Author | : Phillip Herr |
Publisher | : DIANE Publishing |
Total Pages | : 13 |
Release | : 2010-09 |
Genre | : Political Science |
ISBN | : 1437931146 |
Download U. S. Postal Service: Financial Crisis Demands Aggressive Action Book in PDF, Epub and Kindle
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.
Author | : Phillip Herr |
Publisher | : |
Total Pages | : 9 |
Release | : 2010 |
Genre | : Postal service |
ISBN | : |
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Author | : Phillip Herr |
Publisher | : DIANE Publishing |
Total Pages | : 17 |
Release | : 2009-12 |
Genre | : Business & Economics |
ISBN | : 1437913040 |
Download U. S. Postal Service: Deteriorating Postal Finances Require Aggressive Actions to Reduce Costs Book in PDF, Epub and Kindle
In Dec. 2006, the USPS had just completed FY 2006 with its largest mail volume ever -- 213 billion pieces of mail and a net income of $900 million. Two years later, USPS's mail volume dropped almost 5% -- the largest single-year decline. USPS was facing a potential net loss of over $1 billion for FY 2008. USPS anticipated continued deterioration due to the econ. slowdown, as the financial, credit, and housing sectors are among its key bus. drivers. The shifts in transactions and messages from mail to electronic commun. and from advertising mail to electronic media have affected the USPS's financial situation. This testimony focuses on: (1) USPS's financial condition and outlook; and (2) options and actions for USPS to remain financially viable. Illus.
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 | : |
Total Pages | : 192 |
Release | : 2012 |
Genre | : Political Science |
ISBN | : |
Download Addressing the US Postal Service's Financial Crisis Book in PDF, Epub and Kindle
Author | : Phillip Herr |
Publisher | : |
Total Pages | : 14 |
Release | : 2009 |
Genre | : Postal service |
ISBN | : |
Download U.S. Postal Service Book in PDF, Epub and Kindle
Author | : |
Publisher | : DIANE Publishing |
Total Pages | : 183 |
Release | : |
Genre | : |
ISBN | : 143798178X |
Download High-Risk Series: An Update Book in PDF, Epub and Kindle
Author | : Phillip Herr |
Publisher | : DIANE Publishing |
Total Pages | : 18 |
Release | : 2011-05 |
Genre | : Reference |
ISBN | : 1437982638 |
Download U. S. Postal Service Book in PDF, Epub and Kindle
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.
Author | : Board of Governors of the Federal Reserve System |
Publisher | : |
Total Pages | : 0 |
Release | : 2002 |
Genre | : Banks and Banking |
ISBN | : 9780894991967 |
Download The Federal Reserve System Purposes and Functions Book in PDF, Epub and Kindle
Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Author | : Phillip Herr |
Publisher | : DIANE Publishing |
Total Pages | : 40 |
Release | : 2011-06 |
Genre | : Reference |
ISBN | : 1437983685 |
Download U. S. Postal Service (USPS) Book in PDF, Epub and Kindle
The USPS's financial outlook has deteriorated as customers have shifted to electronic alternatives. Mail volumes have declined over 20% since FY 2006 and are expected to continue declining. To help its financial outlook, in March 2010, USPS presented a detailed proposal to move from a 6-day to a 5-day delivery schedule. USPS projected this would save about $3 billion annually and reduce mail volume by less than l%. This proposal factors in widespread changes to USPS's workforce and networks. This report assessed: (1) USPS's cost and volume estimates and the operational impacts associated with its 5-day delivery proposal; and (2) the trade-offs and other implications associated with this proposal. Illus. A print on demand report.