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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices


Perhaps a better route would be to increase firing/termination
authority and swing a wide ax.


Postal Service, Citing Losses, Seeks Higher Stamp Prices

The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more.

The postal service on Wednesday reported a quarterly loss of $562 million, despite growth in package delivery, due to continued erosion in the use of first-class mail as well as expensive mandates for its retiree health care obligations. It also attributed losses to a forced reduction in stamp prices last year.

The postal service is generally barred under federal law from raising prices more than the rate of inflation. But it is seeking greater regulatory leeway to increase prices, including a one-cent rate hike provided in a measure being considered by Congress.
The current cost of a first-class stamp is 49 cents.

America deserves a financially stable postal service that can continue to play a vital role in our economy and society, said Postmaster General Megan J. Brennan. She said the postal service continues to aggressively cut costs.

The financial report shows what it described as controllable income of more than $12 million for the three months that ended on March 31. But when taking into account expenses to prefund retiree health care and other items considered beyond the managements control, it posted a loss.
Operating revenue came to $17.3 billion, a decrease of $474 million from the same time last year.

The postal service continued to notch double-digit growth in its
package business, boosted by the strength of Amazon and other Internet
retailers. But that wasnt enough to offset losses in both first-class
mail and marketing mail, also known as junk mail, which make up the
bulk of revenue.

The postal service is urging relief from the mandate to pre-fund retiree health benefits. Legislation in 2006 required the postal service to fund 75 years worth of retiree health benefits, something that neither the government nor private companies are required to do.

Legislation passed by a House committee earlier this year would relieve the postal service of much of the expensive pre-funding requirements and allow a one-cent increase in the price of a first-class stamp. The Postal Regulatory Commission is also reviewing whether to offer more leeway to raise stamp prices, a move opposed by many trade groups.

First-class mail volume is down as people rely more on email for online bill payments. The number of first-class and marketing mail items delivered during the last quarter was 34 billion pieces, nearly a 4 percent decrease.

The financial numbers released Wednesday bring the postal services year to date earnings to $900 million, better than the $1.7 billion loss for the same period last year, largely due to reduced expenses for the health care pre-funding.

The postal service has lost money for 10 years in a row. It says the continuing red ink hurts consumers because it cant make necessary investments to ensure prompt, efficient and reliable postal services, such as by updating delivery trucks and equipment. Due to public resistance, it dropped a previous proposal to cut costs by eliminating Saturday mail delivery.

Todays financial report shows the underlying business strength of the U.S. Postal Service while also indicating the need to address external matters beyond USPS control, said Fredric Rolando, president of the National Association of Letter Carriers, which is backing the House bill.

An independent agency, the postal service does not use taxpayer money for its operations.

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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On Thursday, May 11, 2017 at 6:25:11 AM UTC-4, burfordTjustice wrote:
Perhaps a better route would be to increase firing/termination
authority and swing a wide ax.


Postal Service, Citing Losses, Seeks Higher Stamp Prices

The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more.

The postal service on Wednesday reported a quarterly loss of $562 million, despite growth in package delivery, due to continued erosion in the use of first-class mail as well as expensive mandates for its retiree health care obligations. It also attributed losses to a forced reduction in stamp prices last year.

The postal service is generally barred under federal law from raising prices more than the rate of inflation. But it is seeking greater regulatory leeway to increase prices, including a one-cent rate hike provided in a measure being considered by Congress.
The current cost of a first-class stamp is 49 cents.

America deserves a financially stable postal service that can continue to play a vital role in our economy and society, said Postmaster General Megan J. Brennan. She said the postal service continues to aggressively cut costs.

The financial report shows what it described as controllable income of more than $12 million for the three months that ended on March 31. But when taking into account expenses to prefund retiree health care and other items considered beyond the managements control, it posted a loss.
Operating revenue came to $17.3 billion, a decrease of $474 million from the same time last year.

The postal service continued to notch double-digit growth in its
package business, boosted by the strength of Amazon and other Internet
retailers. But that wasnt enough to offset losses in both first-class
mail and marketing mail, also known as junk mail, which make up the
bulk of revenue.

The postal service is urging relief from the mandate to pre-fund retiree health benefits. Legislation in 2006 required the postal service to fund 75 years worth of retiree health benefits, something that neither the government nor private companies are required to do.

Legislation passed by a House committee earlier this year would relieve the postal service of much of the expensive pre-funding requirements and allow a one-cent increase in the price of a first-class stamp. The Postal Regulatory Commission is also reviewing whether to offer more leeway to raise stamp prices, a move opposed by many trade groups.

First-class mail volume is down as people rely more on email for online bill payments. The number of first-class and marketing mail items delivered during the last quarter was 34 billion pieces, nearly a 4 percent decrease..

The financial numbers released Wednesday bring the postal services year to date earnings to $900 million, better than the $1.7 billion loss for the same period last year, largely due to reduced expenses for the health care pre-funding.

The postal service has lost money for 10 years in a row. It says the continuing red ink hurts consumers because it cant make necessary investments to ensure prompt, efficient and reliable postal services, such as by updating delivery trucks and equipment. Due to public resistance, it dropped a previous proposal to cut costs by eliminating Saturday mail delivery.

Todays financial report shows the underlying business strength of the U.S. Postal Service while also indicating the need to address external matters beyond USPS control, said Fredric Rolando, president of the National Association of Letter Carriers, which is backing the House bill.

An independent agency, the postal service does not use taxpayer money for its operations.


congreess forces post office to do dumb things. like saturday delivery....

major cost cuts are necessary. but congress prevents them
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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On 5/11/2017 6:55 PM, bob haller wrote:



Postal Service, Citing Losses, Seeks Higher Stamp Prices

The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more.


An independent agency, the postal service does not use taxpayer money for its operations.


congreess forces post office to do dumb things. like saturday delivery....

major cost cuts are necessary. but congress prevents them


What about Sunday deliveries for Amazon Prime?

IMO, the post office is a pretty good deal for what you pay. I'm often
amazed at the service such as a package from CA to CT in two or three
days for $3.50.
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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On Thu, 11 May 2017 21:37:52 -0400, Ed Pawlowski wrote:

On 5/11/2017 6:55 PM, bob haller wrote:



Postal Service, Citing Losses, Seeks Higher Stamp Prices

The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more.


An independent agency, the postal service does not use taxpayer money for its operations.


congreess forces post office to do dumb things. like saturday delivery....

major cost cuts are necessary. but congress prevents them


What about Sunday deliveries for Amazon Prime?

IMO, the post office is a pretty good deal for what you pay. I'm often
amazed at the service such as a package from CA to CT in two or three
days for $3.50.


I agree the USPS is a bargain and around here the staff is excellent
but I am not sure how it is up in the mobbed up union north.
If they did add a penney, it would just be the one they cut a few
months ago.
Amazon sunday is just a cash cow for them.
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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On Thu, 11 May 2017 15:55:39 -0700 (PDT)
bob haller wrote:

On Thursday, May 11, 2017 at 6:25:11 AM UTC-4, burfordTjustice wrote:
Perhaps a better route would be to increase firing/termination
authority and swing a wide ax.


Postal Service, Citing Losses, Seeks Higher Stamp Prices

The U.S. Postal Service is hoping it can soon raise stamp prices by
a penny or more.

The postal service on Wednesday reported a quarterly loss of $562
million, despite growth in package delivery, due to continued
erosion in the use of first-class mail as well as expensive
mandates for its retiree health care obligations. It also
attributed losses to a forced reduction in stamp prices last year.

The postal service is generally barred under federal law from
raising prices more than the rate of inflation. But it is seeking
greater regulatory leeway to increase prices, including a one-cent
rate hike provided in a measure being considered by Congress. The
current cost of a first-class stamp is 49 cents.

America deserves a financially stable postal service that can
continue to play a vital role in our economy and society, said
Postmaster General Megan J. Brennan. She said the postal service
continues to aggressively cut costs.

The financial report shows what it described as controllable
income of more than $12 million for the three months that ended on
March 31. But when taking into account expenses to prefund retiree
health care and other items considered beyond the managements
control, it posted a loss. Operating revenue came to $17.3 billion,
a decrease of $474 million from the same time last year. The postal
service continued to notch double-digit growth in its package
business, boosted by the strength of Amazon and other Internet
retailers. But that wasnt enough to offset losses in both
first-class mail and marketing mail, also known as junk mail,
which make up the bulk of revenue.

The postal service is urging relief from the mandate to pre-fund
retiree health benefits. Legislation in 2006 required the postal
service to fund 75 years worth of retiree health benefits,
something that neither the government nor private companies are
required to do.

Legislation passed by a House committee earlier this year would
relieve the postal service of much of the expensive pre-funding
requirements and allow a one-cent increase in the price of a
first-class stamp. The Postal Regulatory Commission is also
reviewing whether to offer more leeway to raise stamp prices, a
move opposed by many trade groups.

First-class mail volume is down as people rely more on email for
online bill payments. The number of first-class and marketing mail
items delivered during the last quarter was 34 billion pieces,
nearly a 4 percent decrease.

The financial numbers released Wednesday bring the postal
services year to date earnings to $900 million, better than the
$1.7 billion loss for the same period last year, largely due to
reduced expenses for the health care pre-funding.

The postal service has lost money for 10 years in a row. It says
the continuing red ink hurts consumers because it cant make
necessary investments to ensure prompt, efficient and reliable
postal services, such as by updating delivery trucks and
equipment. Due to public resistance, it dropped a previous proposal
to cut costs by eliminating Saturday mail delivery.

Todays financial report shows the underlying business strength of
the U.S. Postal Service while also indicating the need to address
external matters beyond USPS control, said Fredric Rolando,
president of the National Association of Letter Carriers, which is
backing the House bill.

An independent agency, the postal service does not use taxpayer
money for its operations.


congreess forces post office to do dumb things. like saturday
delivery....

major cost cuts are necessary. but congress prevents them


Did not read above before running mouth did you:

Not Congress;

"Due to public resistance, it dropped a previous proposal to cut costs
by eliminating Saturday mail delivery."



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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On 5/12/17 8:20 AM, burfordTjustice wrote:

Did not read above before running mouth did you:

Not Congress;

"Due to public resistance, it dropped a previous proposal to cut costs
by eliminating Saturday mail delivery."

It was dropped because public resistance (especially in rural areas)
was so great on the Congress. The articles at the time noted that both
the Postal Rate Commission and Congress were set against. Besides, they
couldn't legally change the service parameters without Congressional
approval.

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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On Fri, 12 May 2017 08:36:50 -0400
"Kurt V. Ullman" wrote:

On 5/12/17 8:20 AM, burfordTjustice wrote:

Did not read above before running mouth did you:

Not Congress;

"Due to public resistance, it dropped a previous proposal to cut
costs by eliminating Saturday mail delivery."

It was dropped because public resistance (especially in rural
areas) was so great on the Congress. The articles at the time noted
that both the Postal Rate Commission and Congress were set against.
Besides, they couldn't legally change the service parameters without
Congressional approval.


USPS dropped the request.
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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On Thu, 11 May 2017 21:37:52 -0400, Ed Pawlowski wrote:

On 5/11/2017 6:55 PM, bob haller wrote:



Postal Service, Citing Losses, Seeks Higher Stamp Prices

The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more.


An independent agency, the postal service does not use taxpayer money for its operations.


congreess forces post office to do dumb things. like saturday delivery....

major cost cuts are necessary. but congress prevents them


What about Sunday deliveries for Amazon Prime?


The solution is put the squeeze on Amazon. Amazon's getting a $100 bucks a year from all of their Prime
members for two-day shipping. The USPS needs a bigger piece of the action there, not from the taxpayers.

IMO, the post office is a pretty good deal for what you pay. I'm often
amazed at the service such as a package from CA to CT in two or three
days for $3.50.

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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On 5/12/2017 11:46 AM, Gordon Shumway wrote:
On Thu, 11 May 2017 21:37:52 -0400, Ed Pawlowski wrote:

On 5/11/2017 6:55 PM, bob haller wrote:



Postal Service, Citing Losses, Seeks Higher Stamp Prices

The U.S. Postal Service is hoping it can soon raise stamp prices by a penny or more.


An independent agency, the postal service does not use taxpayer money for its operations.

congreess forces post office to do dumb things. like saturday delivery....

major cost cuts are necessary. but congress prevents them


What about Sunday deliveries for Amazon Prime?


The solution is put the squeeze on Amazon. Amazon's getting a $100 bucks a year from all of their Prime
members for two-day shipping. The USPS needs a bigger piece of the action there, not from the taxpayers.

IMO, the post office is a pretty good deal for what you pay. I'm often
amazed at the service such as a package from CA to CT in two or three
days for $3.50.


You think Amazon Prime effects what USPS charges Amazon? I don't.

Back when I started consulting over 20 years ago my postage bill
averaged $30/month. Today it is around 50 cents or the price of one
stamp for client that wants paper invoice. Otherwise everything goes
through email.

Post office thrives on junk mail. With stuff coming loose sometimes it
is hard to find the real mail amongst it. They should charge the junk
mailers more and also further slim down as mail service is supplanted in
large part by electronic media.
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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On Fri, 12 May 2017 10:46:00 -0500
Gordon Shumway wrote:

The solution is put the squeeze on Amazon. Amazon's getting a $100
bucks a year from all of their Prime members for two-day shipping.
The USPS needs a bigger piece of the action there, not from the
taxpayers.


USPS gets $1 from UPS for every package they drop for the final mile.

USPS is full of union waste and needs a broad firing ax sent through it.

Congress should drop over sight of USPS, void all laws protecting
USPS and open mail delivery to anyone that wants to do it.

The market would soon sort the losers.



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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On Fri, 12 May 2017 10:46:00 -0500, Gordon Shumway
wrote:


The solution is put the squeeze on Amazon. Amazon's getting a $100 bucks a year from all of their Prime
members for two-day shipping. The USPS needs a bigger piece of the action there, not from the taxpayers.


My last three piece order from Amazon, non-prime. Three deliveries.
UPS for the heavy box, a male in a van for one box and a female for
another box via her car. Saw a recent report that Amazon hires
independent delivery drivers for ~$25 and hour or less.
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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

Gordon Shumway
Fri, 12 May 2017
15:46:00 GMT in alt.home.repair, wrote:

[snip]

The solution is put the squeeze on Amazon. Amazon's getting a $100
bucks a year from all of their Prime members for two-day shipping.
The USPS needs a bigger piece of the action there, not from the
taxpayers.


That's not all you get with the prime account. If you buy a movie
and/or audio cd, you get to watch/listen to the tracks while you wait
for the physical item in the mail. Prime is actually a cool thing, if
yo do alot of business with amazon. Savings on shipping can more than
offset the cost of prime. Especially if you buy big, bulky, heavy
items.




--
I would like to apologize for not having offended you yet.
Please be patient. I will get to you shortly.
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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On 05/12/2017 09:46 AM, Gordon Shumway wrote:
The solution is put the squeeze on Amazon. Amazon's getting a $100 bucks a year from all of their Prime
members for two-day shipping. The USPS needs a bigger piece of the action there, not from the taxpayers.


The USPS has obstacles. I don't know how much of a moneymaker it was but
the USPS worked closely with Netflix to expedite the DVD deliveries. I
happened to catch the woman unloading the driveup mailboxes at the PO
tonight and got out of the car to toss my DVD into her bin. It wasn't
the only red mailer in there.

Then Mom & Pop's Video Rental bitched because they weren't getting
expedited service for their trickle of DVDs. Snail mail neutrality, so
to speak. That ended the expedited service.

Amazon, otoh, can negotiate with UPS although they do use USPS for some
items. Also, while it's difficult to sort out the balance sheet, Amazon
isn't netting a lot of money out of Prime.

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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On 05/12/2017 06:29 PM, Diesel wrote:
Gordon Shumway
Fri, 12 May 2017
15:46:00 GMT in alt.home.repair, wrote:

[snip]

The solution is put the squeeze on Amazon. Amazon's getting a $100
bucks a year from all of their Prime members for two-day shipping.
The USPS needs a bigger piece of the action there, not from the
taxpayers.


That's not all you get with the prime account. If you buy a movie
and/or audio cd, you get to watch/listen to the tracks while you wait
for the physical item in the mail. Prime is actually a cool thing, if
yo do alot of business with amazon. Savings on shipping can more than
offset the cost of prime. Especially if you buy big, bulky, heavy
items.


Amazon has me spoiled. I recently ordered a dozen arrow shafts, some
feather, nocks, and points. S&H was $15 on a $75 order. Unfortunately
Amazon doesn't have much in the way of traditional archery supplies.



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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On 05/12/2017 06:22 PM, rbowman wrote:
On 05/12/2017 06:29 PM, Diesel wrote:
Gordon Shumway
Fri, 12 May 2017
15:46:00 GMT in alt.home.repair, wrote:

[snip]

The solution is put the squeeze on Amazon. Amazon's getting a $100
bucks a year from all of their Prime members for two-day shipping.
The USPS needs a bigger piece of the action there, not from the
taxpayers.


That's not all you get with the prime account. If you buy a movie
and/or audio cd, you get to watch/listen to the tracks while you wait
for the physical item in the mail. Prime is actually a cool thing, if
yo do alot of business with amazon. Savings on shipping can more than
offset the cost of prime. Especially if you buy big, bulky, heavy
items.


Amazon has me spoiled. I recently ordered a dozen arrow shafts, some
feather, nocks, and points. S&H was $15 on a $75 order. Unfortunately
Amazon doesn't have much in the way of traditional archery supplies.


Do you hunt? And do you share meat with your friends?


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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On 05/12/2017 07:35 PM, T wrote:
On 05/12/2017 06:22 PM, rbowman wrote:
On 05/12/2017 06:29 PM, Diesel wrote:
Gordon Shumway
Fri, 12 May 2017
15:46:00 GMT in alt.home.repair, wrote:

[snip]

The solution is put the squeeze on Amazon. Amazon's getting a $100
bucks a year from all of their Prime members for two-day shipping.
The USPS needs a bigger piece of the action there, not from the
taxpayers.

That's not all you get with the prime account. If you buy a movie
and/or audio cd, you get to watch/listen to the tracks while you wait
for the physical item in the mail. Prime is actually a cool thing, if
yo do alot of business with amazon. Savings on shipping can more than
offset the cost of prime. Especially if you buy big, bulky, heavy
items.


Amazon has me spoiled. I recently ordered a dozen arrow shafts, some
feather, nocks, and points. S&H was $15 on a $75 order. Unfortunately
Amazon doesn't have much in the way of traditional archery supplies.


Do you hunt? And do you share meat with your friends?


No, I haven't hunted in years. That's not to say I don't keep my skills up.

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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

rbowman
Sat, 13 May 2017 01:14:25 GMT in alt.home.repair, wrote:

On 05/12/2017 09:46 AM, Gordon Shumway wrote:
The solution is put the squeeze on Amazon. Amazon's getting a
$100 bucks a year from all of their Prime members for two-day
shipping. The USPS needs a bigger piece of the action there, not
from the taxpayers.


The USPS has obstacles. I don't know how much of a moneymaker it
was but the USPS worked closely with Netflix to expedite the DVD
deliveries. I happened to catch the woman unloading the driveup
mailboxes at the PO tonight and got out of the car to toss my DVD
into her bin. It wasn't the only red mailer in there.

Then Mom & Pop's Video Rental bitched because they weren't getting
expedited service for their trickle of DVDs. Snail mail
neutrality, so to speak. That ended the expedited service.

Amazon, otoh, can negotiate with UPS although they do use USPS for
some items. Also, while it's difficult to sort out the balance
sheet, Amazon isn't netting a lot of money out of Prime.


Especially when they'll let you cancel it with ease, during your trial.
Even a few days after your trial officially ends. Pleasant customer
service.


--
I would like to apologize for not having offended you yet.
Please be patient. I will get to you shortly.
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Default Postal Service, Citing Losses, Seeks Higher Stamp Prices

On Friday, May 12, 2017 at 7:32:26 PM UTC-5, Diesel wrote:
Gordon Shumway
Fri, 12 May 2017
15:46:00 GMT in alt.home.repair, wrote:

[snip]

The solution is put the squeeze on Amazon. Amazon's getting a $100
bucks a year from all of their Prime members for two-day shipping.
The USPS needs a bigger piece of the action there, not from the
taxpayers.


That's not all you get with the prime account. If you buy a movie
and/or audio cd, you get to watch/listen to the tracks while you wait
for the physical item in the mail. Prime is actually a cool thing, if
yo do alot of business with amazon. Savings on shipping can more than
offset the cost of prime. Especially if you buy big, bulky, heavy
items.
--


I have an Amazon Prime account and binge watch TV series from start to finish. I've been watching Star Trek TNG on my Fire tablet and LEXX on the TV hooked to the little Win 10 stick. OMG! Eva Habermann who plays Zev, the love slave in the LEXX TV series is gorgeous! She was around 20 years old when the TV series was produced. She has matured very well and is still deserving of wolf whistles. I believe it's because she didn't wind up in Holywood to have her life and looks destroyed by drugs and alcohol like so many young actresses who grew up too fast.ヽ()ノ

https://www.youtube.com/watch?v=NxuUbizTVXM

http://www.eva-habermann.com/

[8~{} Uncle Aroused Monster
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