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Thursday, July 30, 2020

Is the U.S. Postal Service considering closing post offices across the country?

  Is the U.S. Postal Service considering closing post offices across the country?

"...Manchin said he has received numerous reports from post offices and colleagues about service cuts or looming closures in West Virginia and elsewhere, prompting him to send a letter to Postmaster General Louis DeJoy asking for an explanation..."The logical conclusion is that he's going to try to close some post offices," Dimondstein said of the postmaster general's belt-tightening strategies...The agreement also requires USPS to give the Treasury Department access to proprietary information about the Postal Service's private-sector shipping contracts and bars the agency from accessing the emergency funds if its "cash balance exceeds $8 billion"

Reference: www.cbsnews.com
Tags: Negotiated Service Agreements (NSA's)  

USPS and Department of Treasury Come to Terms on Loan

  USPS and Department of Treasury Come to Terms on Loan

"...It should be noted,however,that details of the terms of agreement have not been made public. The loan announcement comes on the heels of the implementation of a pilot program that is creating intentional delivery delays, and the NPMHU is concerned that the terms will include significant and permanent operational changes that would impact the membership...USPS Press Release on Treasury Loan (pdf)..."

Reference: www.npmhu.org