Latest News and Highlights  

PRC Releases Report on USPS Financial Condition. On April 19, the Postal Regulatory Commission released a report on the Postal Service's issued its Financial Analysis report, an examination of the U.S. Postal Service’s (Postal Service) financial results and 10-K Statements for Fiscal Year (FY) 2018. The Postal Service reported a net loss from operations of $2.1 billion in FY 2018. The Commission’s analysis found that when non-operating expenses are included, the Postal Service’s total net loss was $3.9 billion—a decline of $1.2 billion when compared to the previous year. Reportedly, this decline resulted from a $1.8 billion increase in operating expenses and an $823 million increase in the non-cash change to the workers’ compensation expense, offset by a $1 billion increase in operating revenue and a combined $400 million decrease in expenses related to retirement.

PRC Issues 2018 Annual Compliance Determination.  On April 11, Postal Regulatory Commission issued its Annual Compliance Determination (ACD) assessing the pricing and service performance standards of the U.S. Postal Service (Postal Service) in fiscal year 2018.

Universal Postal Union Explores Options  On April 10, the Second Committee (Universal Service Obligation, Regulatory Affairs, and Postal Regulation) of the UPU’s Council of Administration, the body responsible for ensuring the continuity of the UPU’s work between Congresses, reviewed options for revising the present postal remuneration system. After discussion, the Second Committee agreed to put all three options forward for voting and will ballot member countries on whether these options will be decided by an Extraordinary Congress to be held on 23-24 September, or by postal ballot.

HSGAC Holds Hearing for Two Governor Nominees. On April 2, the Senate Homeland Security and Government Affairs Committee (HSGAC) held a hearing to consider the nominations of Ron A Bloom and Roman Martinez IV to be Governors of the United States Postal Service. Committee members emphasized the importance of having a quorum of the Postal Service’s Board of Governors, which would be fulfilled if the two nominees are confirmed. The hearing is a required step in the process for approving Postal Governors. The next step will be a vote by the entire Senate to confirm the nominees. 

John McLeod Barger Nominated to USPS Board of Governors. On March 22, President Trump has nominated John McLeod Barger to be a member of the USPS Board of Governors (BOG). Barger, a California resident, is nominated for the remainder of a seven-year term expiring Dec. 8, 2021.

GAO Report on USPS Innovation. The Government Accountability Office (GAO) has completed its report on US Postal Service innovation. PostCom and some of our members were interviewed by the GAO during their work which focused on several recent USPS pilot efforts: Same-Day Delivery; Grocery Delivery; Informed Delivery; Keyless Parcel Lockers. The GAO has recommended that the Postmaster General should direct the Vice President of Product Innovation to develop policies that fully reflect leading practices for pilot design and evaluation in areas such as linking objectives and performance measures; documenting conclusions about scalability based on pilot results; and communicating with key external stakeholders, as appropriate. In addition, they advise the PMG to direct the VP of Product Innovation to develop tools, such as a template, or training to help ensure USPS consistently documents lessons learned at the conclusion of pilots, as required by USPS policies. 

White House 2020 Budget On March 11, the White House released its 2020 budget, which calls for $98 billion in savings from 2020-2029 by reforming the Postal Service. Annual savings from the unspecified reforms are projected to be just over $4 billion in 2020, and increasing to almost $13 billion in 2029.  The entire budget proposal can be found here starting on page 1216.

Ann Fisher Nominated to be Commissioner of the Postal Regulatory Commission.  On March 1, 2019 President Donald J. Trump announced his intent to nominate Ann C. Fisher as a Commissioner of the Postal Regulatory Commission.  Mrs. Fisher currently serves as Public Affairs and Government Relations Director of the Postal Regulatory Commission. Fisher spent 12 years on Capitol Hill in roles including Deputy Staff Director of the Senate Homeland Security and Governmental Affairs Committee. In this role she served as principal Senate Republican staff architect of the Postal Accountability and Enhancement Act of 2006 which modernized postal laws.