The Irish Postmasters’ Union (IPU) has called on the Government to transfer a number of public services to the Post Office network as part of its forthcoming reforms. More: continued here
Read More »UPDATED: Post office losses mount to $5.1B last year
WASHINGTON (AP) — The U.S. Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and increased Internet use drive down mail volume. More: continued here
Read More »Congress moves to rename Cedar Park post office after slain soldier – Austin American-Statesman
Austin American-Statesman Congress moves to rename Cedar Park post office after slain soldierAustin American-StatesmanIt takes an act of Congress to rename a US post office. Half of Congress has already acted to rename one in Cedar Park after a local soldier who died in Iraq. The US House on Monday …
Read More »Post office near default? Losses mount to $5.1B – vt.Buzz (blog)
Post office near default? Losses mount to $5.1Bvt.Buzz (blog)30 came despite deep cuts of more than 130000 jobs in recent years and the closing of some smaller local post offices. Losses will only accelerate in the coming year, Postmaster General Patrick Donahoe warned, citing faster-than-expected declines in … More: continued …
Read More »Sharon Special Town Meeting approves changes for Post Office Square – Wicked Local
Sharon Special Town Meeting approves changes for Post Office SquareWicked LocalAfter being slowed while members tried to decipher what they were actually voting on, the four articles changing zoning in Post Office Square passed on voice votes at Special Town Meeting. The changes, originally presented at last … More: continued …
Read More »Post office says it lost $5.1 billion in past year
WASHINGTON — The U.S. Postal Service reported Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and increased Internet use drive down mail volume. More: continued here
Read More »Post office near default? Losses mount to $5.1B – Chicago Sun-Times
The Associated Press Post office near default? Losses mount to $5.1BChicago Sun-TimesBut that's because an annual payment of $5.5 billion the post office owed the federal government has been deferred to a later date. They say the Postal Service will not be able to make the $5.5 billion payment due …
Read More »Post office discusses closing Lynchburg mail processing facility – Lynchburg News and Advance
Post office discusses closing Lynchburg mail processing facilityLynchburg News and Advance“It leaves me no choice but to give less business to the post office,” Pace said. He added if the operation moved to North Carolina, there is no reason for him to hire local printers for mail advertising, when he …
Read More »Post office sinks deeper into debt
The postmaster calls for urgent action by Congress after reporting a loss of $5.1 billion in the past year. More: continued here
Read More »Glasgow residents voice post office concerns – Altoona Mirror
Glasgow residents voice post office concernsAltoona MirrorThe decisions to close 3700 post offices nationwide will come out of Washington, DC, headquarters, Kittanning Postmaster Dan Devey said. "It's pretty bad," he said of the US Postal … More: continued here
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