U S Postal Services Financial Condition PDF Download
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Author | : Kevin R. Kosar |
Publisher | : DIANE Publishing |
Total Pages | : 16 |
Release | : 2010-11 |
Genre | : Political Science |
ISBN | : 1437931294 |
Download U. S. Postal Service's Financial Condition Book in PDF, ePub and Kindle
Provides an overview of the U.S. Postal Service¿s (USPS) financial condition, recent legislation to alleviate the USPS¿s financial challenges, and issues for the 111th Congress. Since 1971, the USPS has been a self-supporting gov¿t. agency that covers its operating costs with revenues generated through the sales of postage and related products and services. Recently, the USPS has experienced significant financial challenges. Contents: (1) Background; (2) Financial Difficulties, FY 2006-09: (3) FY 2010 Financial Condition; (4) Issues for Congress: Increasing Revenues: Altering Postage Rates; Reducing Costs; Reducing Pension Costs; Reducing the USPS¿s Retail and Nonretail Facilities; Reducing Mail Delivery from 6 to 5 Days/Week. Illus.
Author | : Kevin R. Kosar |
Publisher | : |
Total Pages | : |
Release | : 2013 |
Genre | : |
ISBN | : |
Download The U.S. Postal Service's Financial Condition Book in PDF, ePub and Kindle
Report that discusses the USPS financial challenges, agency's revenues, and recent financial difficulties.
Author | : Phillip Herr |
Publisher | : DIANE Publishing |
Total Pages | : 16 |
Release | : 2010-06 |
Genre | : Business & Economics |
ISBN | : 1437925227 |
Download U. S. Postal Service: Financial Challenges Continue, with Relatively Limited Results from Recent Revenue-Generation Efforts 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 vol. and revenues resulting from the economic downturn and changing mail use. USPS would not be able to make the $5.4 billion payment to prefund postal retiree health benefits that was due by the end of the year. This testimony: (1) updates USPS's financial condition and outlook; (2) describes changes made by the Postal Account. and Enhancement Act of 2006 that provided USPS with greater flexibility to generate revenues; (3) outlines USPS's revenue-generation actions and results using this flexibility; and (4) discusses options to generate increased revenues in the future.
Author | : Phillip Herr |
Publisher | : DIANE Publishing |
Total Pages | : 20 |
Release | : 2009-11 |
Genre | : Political Science |
ISBN | : 1437916120 |
Download U. S. Postal Service: Escalating Financial Problems Require Major Cost Reductions to Limit Losses Book in PDF, ePub and Kindle
USPS's financial condition has deteriorated. Mail volume declined by a record 9.5 billion pieces (4.5%) in FY 2008, leading to a loss of $2.8 billion -- the second largest since 1971. This was largely due to declines in the economy, esp. in the financial and housing sectors, as well as shifts in transactions, messages, and advertising from mail to electronic alternatives. Declining mail volume flattened revenues despite rate increases, while USPS's cost-cutting efforts were insufficient to offset the impact of declining mail volume and rising costs in fuel and cost-of-living allowances for postal employees. This testimony focuses on: (1) USPS's financial condition and outlook; and (2) options for USPS to remain financially viable in the short and long term. Illus.
Author | : United States. Congress. House. Committee on Post Office and Civil Service. Subcommittee on Postal Operations and Services |
Publisher | : |
Total Pages | : 42 |
Release | : 1990 |
Genre | : Deficit financing |
ISBN | : |
Download Financial Condition of the United States Postal Service Book in PDF, ePub and Kindle
Author | : Phillip Herr |
Publisher | : DIANE Publishing |
Total Pages | : 11 |
Release | : 2010 |
Genre | : Political Science |
ISBN | : 143792199X |
Download U. S. Postal Service: Restructuring Urgently Needed to Achieve Financial Viability Book in PDF, ePub and Kindle
The U.S. Postal Service¿s (USPS) financial condition has worsened since Jan. 2009, with the recession and changing mail use causing dramatic declines in mail volume and revenues despite postal rate increases. USPS expects these declines to lead to losses and cash shortfalls even if ambitious cost-cutting is achieved. USPS¿s business model has relied on growth in mail volume to cover costs, but USPS has not been able to cut costs fast enough to offset the accelerated decline in mail volume and revenue. This testimony: (1) updates USPS¿s financial condition and outlook and explains the decision to place USPS¿s financial condition on the High-Risk List; and (2) presents options and actions that the USPS can take. Charts and tables.
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 | : 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 | : Kevin R. Kosar |
Publisher | : |
Total Pages | : 17 |
Release | : 2012 |
Genre | : Postal service |
ISBN | : |
Download The U.S. Postal Service's Financial Condition Book in PDF, ePub and Kindle
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.