NALC Statement on Postal Service’s 2019 Q2 Financial Report

The Postal Service’s financial report on Friday shows the Postal Service’s underlying business strength while also indicating the need to address external matters beyond USPS control. Despite increased revenue of $555 million in the first six months of Fiscal Year 2019 compared to the same period last year, USPS reported an operating loss of $909 million for the first half of 2019. Continue reading

Top postalnews.com stories of the week May 5-11

  1. Mailhandlers Union Releases Details on RI-399 Payments 
  2. Federal Retirement Fairness Act reintroduced with notable changes 
  3. Factfinding Report Validates NAPS’s Position that EAS Pay Rates and Pay System Have “Serious Flaws” 
  4. Congressman Introduces Bipartisan Bill to Shore Up Postal Service Funding 
  5. PMG tells forum attendees USPS is bridging physical, digital worlds to take mail to new heights 
  6. Mail truck recovered after being stolen by woman on bike 
  7. APWU Contract Update 
  8. Federal Jury Convicts Former FedEx Employee of Obstruction of Mail 
  9. Colorado Woman Sentenced To Federal Prison For Stealing Over $180,000 From the USPS Through Hundreds Of False Insurance Claims 
  10. USPS reports $2.1 billion loss for 2nd quarter 

USPS reports $2.1 billion loss for 2nd quarter

  • Loss from operations (“controllable” loss) $806 million
  • Revenue of $17.5 billion, essentially unchanged compared to same quarter last year
  • Net loss of $2.1 billion
  • USPS remains focused on aggressive management actions and legislative and regulatory reforms to provide Americans with a financially sustainable Postal Service

WASHINGTON – The U.S. Postal Service reported total revenue of $17.5 billion for the second quarter of fiscal 2019 (January 1, 2019 – March 31, 2019), a decrease of $8 million, or essentially flat, compared to the same quarter last year. Continue reading

Connecticut Man Who Cashed $60,000 in Stolen Postal Money Orders Sentenced to 30 Months in Federal Prison

John H. Durham, United States Attorney for the District of Connecticut, announced that James Lebel, 40, formerly of Brooklyn, Connecticut, was sentenced today by U.S. District Judge Kari A. Dooley in Bridgeport to 30 months of imprisonment, followed by three years of supervised release, for cashing more than $60,000 in stolen postal money orders. Continue reading

Colorado Woman Sentenced To Federal Prison For Stealing Over $180,000 From the USPS Through Hundreds Of False Insurance Claims

DENVER – Lorrine Kimmel, age 48, of Weld County, Colorado, was sentenced today by Senior U.S. District Court Judge Wiley Y. Daniel to serve 15 months in federal prison, followed by 3 years on supervised release for defrauding the U.S. Postal Service (USPS) by mail fraud, U.S. Attorney Jason Dunn and U.S. Postal Service Office of Inspector General Special Agent in Charge of the Western Area Field Office John D. Masters announced today. The defendant was also ordered to pay $188,575 in restitution. Kimmel appeared at the sentencing hearing free on bond, and was ordered to report to a Bureau of Prison facility once one is designated. Continue reading