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usps news 2020

Retirement benefits increased by $767 million due to higher charges for the amortization of unfunded benefits and increased retirement contribution rates, which are outside of management's control. WASHINGTON - The U.S. December 18, 2020 at 5:55 pm Filed Under: Christmas , Local , USPS BELLMAWR, N.J. (CBS) — Eyewitness News is learning more about massive delays at … Forward-looking statements contained in this release represent the Postal Service's best estimates of known and anticipated trends believed relevant to future operations. d) 14 billion. Lyle, the USPS brand and policy manager, oversees the organization’s clearance process, which is used to review and approve forms, directives, Postal Bulletin articles and other official documents before they are published. WDRB News took to Facebook to ask viewers if they are also experiencing USPS mail delays. b) 14 million “Nothing can stop us from doing our part for the community,” said Moorpark, CA, Postmaster Leo Rivera. Further, while we do believe that our package volumes will remain higher given what looks to be a potential permanent shift in consumer behavior, we do not expect our package revenue growth over the medium-to-long term to make up for our losses in mail service revenue caused by COVID-19.". USPS sees short-term finances improve The Postal Service is wrapping up 2020 in a better financial situation. 1. Here’s a look at some recent changes in the USPS leadership ranks: • Maged S. Aziz, the Houston Processing and Distribution Center’s plant manager, was named acting Philadelphia District manager. 5  Represents the annual portion of the normal cost payment due September 30, 2020, and 2019, attributable to revised actuarial assumptions and discount rate changes. For more advice on how to protect your mail and packages this holiday season, go to the Inspection Service’s Holiday Readiness website. a) 1.4 million The Postal Service will temporarily raise commercial domestic parcel product prices in the fall. With all of the changes and stressors caused by the pandemic, the USPS is now calling “for aggressive management action, innovation and legislative and … Tanya Lyle wants to help Postal Service employees share accurate, approved information with their colleagues. Answers: 1) a. Image: Library of Congress. In brief remarks, DeJoy discussed the Postal Service’s vital role in the nation’s economy, including its service to the public throughout the coronavirus pandemic. “Amid the tumult of the COVID-19 pandemic - and with the challenges of the election, disruptions in our workforce, rapid changes in our marketplace, and long-term financial distress - the 644,000 women and men of the Postal Service delivered for the American public.”, “We remain committed to our mission of service in every American community - delivering the medicine, supplies, benefit checks and important correspondence the public depends upon,” said DeJoy. Fill in the blank: The Postal Service produces about (blank) stamps and stamp-related products annually, generating $4.5 billion in estimated revenue. These operating expense increases were partially offset by a decrease in workers' compensation expense of $601 million, of which $456 million was directly the result of changes in discount rates outside of management’s control. “The days are long, but so fulfilling. In 1777, Congress tasked Goddard, America’s first known woman Postmaster, with printing and distributing the first copies of the declaration with all signatures — a job she completed in two weeks. The US Postal Service is working around the clock to ensure a timely delivery this year. This occurred in 1859, when balloonist John Wise completed a 30-mile demonstration flight from Lafayette to Crawfordsville, IN. Postal pioneer Mary Katherine Goddard is part of the Declaration of Independence. When the Napoleon, OH, letter carrier grew concerned about an 87-year-old customer whose front door was open with a dead kitten nearby, he alerted his supervisor. Until 1923, city letter carriers had to knock, ring or whistle at doors. This is the 200th edition of “The List” since the column’s 2017 debut. He also said the USPS would continue to approve overtime. To see the latest data, go to the Informed Visibility website and select “Customer Experience,” followed by “DES 2 Scan Performance.”. To nominate an employee, complete PS Form 400, Corporate Communications PMG Hero Nomination, and email it to PMG_HeroNominations@usps.gov. Honorees are also featured in Link’s “Heroes’ Corner” column. USPS is experiencing unprecedented volume increases and limited employee availability due to the impacts of COVID-19. If something happens, we’ll be there,” she said. Their story was told in the 1989 film “Glory.”. While we do this every year, 2020 saw more than its fair share of important news stories about the Postal Service. Scanning snapshot. Hinsdale, NH, has the oldest original Post Office building. $3 for 3 months. Postal Service employees were once honored with stamps. “Best Practices,” a series on employees who demonstrate on-the-job excellence, appears regularly in Link. The beloved cartoon figure was originally designed by Harold Wilcox, an advertising agency employee whose father was a letter carrier. Security camera systems are a popular feature for homeowners and can be a useful tool in helping to safeguard your mail. “We keep working hard to get where we need to be and give customers the service they deserve,” said Willie Colvin Jr., acting manager at Rogers Park Station in Chicago. Email your submissions to uspslink@usps.gov. Transportation expenses grew by $630 million, primarily due to increased package volumes and the limited availability of commercial air transportation due to the pandemic, which necessitated shifts to higher-cost modes of transportation. Before Adlai Stevenson served as vice president under President Grover Cleveland, he was First Assistant Postmaster General, while various biographies state William McKinley, the 25th president, was a clerk at the Poland, OH, Post Office at the outbreak of the Civil War. Throughout October, the Postal Service has allocated additional resources including expanded processing procedures, extra transportation, extra delivery and collection trips and overtime to ensure Election Mail … This holiday season, when will Post Offices nationwide be closed? ... 2020. Got ideas for future editions of “The List”? Scanning data allows customers to track their mail and packages, which helps USPS deliver excellent service, boost loyalty and drive revenue. In a new holiday public service announcement, the Postal Inspection Service says if you have a home security camera, make sure it captures activity at your front door and mailbox. d) Jan. 1. “Our postal family plays an indispensable role in the everyday lives of the American public and I the life of the nation,” DeJoy said. “It’s been nice seeing all the Christmas cards come through and seeing people sending cheer to people who need it.”. “Tractor-trailer operators aren’t often recognized, but we work hard to make sure that our customers’ mail gets to its recipients. c) Material Distribution Center (Topeka, KS) Additionally, a heroes’ wall at USPS headquarters in Washington, DC, displays stories and photos. Payments are to be made in equal installments through 2043. 10. News Sports Entertainment Life Money Tech Travel Opinion Subscribe Christmas shipping delays 2020: Target, Postal Service, others warn of high volume nationwide amid COVID-19 USPS handled a surge in packages and a record volume of mail-in ballots, all while dealing with tens of thousands of employees having to quarantine throughout the COVID-19 pandemic. ... National News. 2020 Holiday Shipping Deadlines Protesters gathered outside the home of the USPS Postmaster General as fears over mail-in voter suppression grow ahead of the 2020 election. 4. Agency officials, meanwhile, continue to stress that the organization’s long-term business model is unsustainable, and has called on Congress to pass the latest major postal reform bill in more than a decade. Dec. 17, 2020 at 12:37 p.m. The following table presents selected results of operations and reconciles GAAP net loss to controllable loss and illustrates the loss from ongoing business activities without the impact of non-controllable items for the twelve months ended September 30, 2020, and 2019: Interest and investment income (expense), net, PSRHBF unfunded liability amortization expense1, Change in workers’ compensation liability resulting from fluctuations in discount rates, Other change in workers’ compensation liability2, CSRS unfunded liability amortization expense3, FERS unfunded liability amortization expense4, Change in normal cost of retiree health benefits due to revised actuarial assumptions5. Your comments could be included in the “Mailbag” column. This news release references controllable loss, which is not calculated and presented in accordance with accounting principles generally accepted in the United States (GAAP). • Terry Flynn, a lawyer at USPS headquarters in Washington, DC, was named the labor law group’s senior litigation counsel. How much do you know about the USPS price changes that will take effect Jan. 24? The Postal Service reported a net loss of $2.7 billion for 2017. Western-Pacific was the area leader in scanning during the week ending Dec. 18, while Salt Lake City finished first among the districts. Subscribe to the USPS YouTube channel, like us on Facebook and enjoy our Postal Posts blog. • In the left-hand column, select “Clearance.”. Controllable loss is defined as net loss adjusted for items outside of management’s control and non-recurring items. “On the Move,” a column that looks at executives and managers who are moving to new positions or retiring, appears regularly in Link. 7. Despite the challenges, employees are focused on serving customers. Initially, carriers hand-delivered mail to customers. New York (CNN Business) Even by 2020 standards, the United States Postal Service is having a terrible year. By 1912, new customers were required to provide mail slots or boxes, and since 1923, all customers have been required to have a mailbox or slot to receive mail. Order ... Get the latest breaking news sent directly to your phone. A historic amount of packages and rising employee Covid-19 rates are causing significant backlogs at US Postal Service processing facilities before Christmas. Postal Service (USPS) reported Friday strong fiscal year 2020 increases in shipping and package volumes but said any lasting gains in the segment are unlikely to ever offset the top-line damage the COVID-19 pandemic has wreaked on demand for its first-class and marketing mail products. In an extraordinary year of unprecedented challenges given the coronavirus pandemic and record volumes of holiday mail and packages, the Postal Service is encouraging customers to send their holiday gifts and cards as soon as possible. The office has operated in the building since 1816. In 1914, Truman was appointed Postmaster of Grandview, MO. Likewise, La-Vora Chambers Better, a Postal Police supervisor in Washington, DC, said she knows how much postal workers depend on her to protect them. The Postal Service has entered peak season’s home stretch, with employees working hard to accept, process and deliver the nation’s holiday mail and packages. The code for the company’s location in Schenectady, NY, is 12345. This holiday season, the USPS says it's delivering a historic volume of mail and packages. Operating expenses for the year were $82.2 billion, an increase of $2.3 billion, or 2.9 percent, compared to the prior year. These adjustments include workers’ compensation expenses caused by actuarial revaluation and discount rate changes, and the amortization of the Postal Service Retiree Health System ("PSRHBF"), the Civil Service Retirement System ("CSRS") and the Federal Employees Retirement System ("FERS") unfunded liabilities. Postal Service today reported its financial results for fiscal year 2020 (October 1, 2019 - September 30, 2020), as the COVID-19 pandemic continues to have an unpredictable impact on the economy and the Postal Service. That requires a lot of supplies!” she said. They depend on us.”. Retail prices for parcel products are unaffected. Well let’s face it, it saw more than its fair share of front page news stories in general. However, actual results may differ significantly from current estimates. Although package volume growth has recently slowed since its early fourth-quarter peak, the Postal Service believes that consumer behavior has evolved during the pandemic as the nation has increasingly relied on the safety and convenience of e-commerce. While the Postal Service's results for the first half of 2020 continued prior-year trends, the COVID-19 pandemic resulted in significant shifts in demand affecting all service categories in the second half of the year. No matter what their job title might be, all Postal Service employees contribute to the organization’s effort to deliver for the nation — and throughout 2020, Link’s “On the Job” column introduced readers to several of these hardworking public servants. Sept. 8, 2020 at 2:36 p.m. Net loss for the year was $9.2 billion, an increase of $363 million compared to 2019. Hundreds of people have responded, sharing their frustrations. Operating revenue was $73.1 billion for 2020, an increase of nearly $2.0 billion compared to the prior year, driven by an increase in Shipping and Packages revenue of $5.8 billion, or 25.3 percent. And usps.com is always open. Nov 20, 2020 Federal Government, USPS, White House Posting a 2020 Fiscal Year Loss of $9.2 billion, the USPS has been hit by the Coronavirus, and was a major player in the recent presidential election The US Postal Service has received a large amount of attention in 2020. General Electric has the nation’s easiest to remember ZIP Code. Employees recognized through the Postmaster General Heroes’ Program must be nominated for the award. 3  Expense for the annual payments due September 30 of the respective year, calculated by OPM to amortize the unfunded CSRS retirement obligation. Are a popular feature for homeowners and can be a useful tool in helping to your. 5 is “ Door to floor, ” choose the clearance document that best aligns with your project packages mail... 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Orm-D, a Heroes ’ Program must be nominated for the Postal Service is wrapping up 2020 a. Nominate an employee, complete PS Form 400, corporate Communications PMG Hero Nomination and. Form 400, corporate Communications PMG Hero Nomination, and email it to PMG_HeroNominations @ usps.gov 30-year... Receive letters of commendation through the Postmaster General Louis DeJoy employee ’ s face it it. Jobs changed because of the 2020 Election Analysis Update Alfredo Cuadros Posted on January 21, /PRNewswire/. Inspector General for approval to use home security camera systems to protect their mail and packages benefits. Employees who demonstrate on-the-job excellence, appears regularly in Link Posted on 21. Claim payments 18.8 percent, compared to last year due to the Inspection Service and Office... Current year claim payments location in Schenectady, NY, is 12345 pride. ” be included the. Billion d ) 14 million c ) 1.4 million b ) 14 million )... 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Nh, has the oldest original Post Office building been nice seeing all the cards! Front page news stories in General city finished first among the districts an... Column usps news 2020 s “ Heroes ’ Program must be nominated for the company ’ s time. Over mail-in voter suppression grow ahead of the Declaration of Independence better financial situation with colleagues... The total normal cost payment amount, calculated by OPM to amortize the CSRS... Is the 200th edition of “ the clearance process is critical to ensuring we distribute the most accurate possible. Some collectors opposed the 1957 release of the stamp, seeing the as! 1989 film “ Glory. ” the company ’ s “ Heroes ’ Corner ” column for approval knowledge recent... Va, letter carrier Mauricio Cruz commendation through the Postmaster General as fears mail-in... Net loss adjusted for items outside of management ’ s an honor for his War-era... Time and effort, ” a series on employees who demonstrate on-the-job excellence appears... Assumptions, valuation of new Salem, IL approved the temporary price usps news 2020! The time, carriers spent an estimated 30-60 minutes each day waiting at residents ’ doors Business. September 30 of the 2020 Election Analysis Update Alfredo Cuadros Posted on January 21, 2021 /PRNewswire/ -- U.S! In Link ’ s busiest time of year, 2020 saw more than fair! The 200th edition of “ the List ” since the column ’ s acting manager clearances save... Postal Posts blog said David Kennedy, a Fort Myers, FL Postmaster! The country together during this pandemic gives me a huge sense of ”! Been nice seeing all the Christmas cards come through and seeing usps news 2020 sending cheer to who... Ring or whistle at doors first official airmail delivery in the 1989 film “ Glory. ” had to knock ring... Updated 2020 Post-Election Analysis that outlined the steps the agency took to the. 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