Comments on: Commissioner Goldway compares USPS finances to the banking industry

By: Amouddy

Amouddy — Thu, 29 Oct 2009 21:25:21 +0000

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By: seenoevil

seenoevil — Wed, 18 Mar 2009 16:30:33 +0000

From another blog:

The USPS is giving away the farm with discounts that exceed costs avoided:

Mail Type – Discount as % costs saved
First Class
AADC Letters – 128%
ADC Flats – 145%
Non-Auto Presort Letters – 188%
Non-Auto Cards – 187%

Standard
Mach ADC Flats – 221%
BMC Mach Parcels – 194%
ADC Non-Bar Parcels – 194%
ADC non-Bar Parcels – 194%
Mach Parcels – 204%
BMC Parcels – 117%
DCSF Parcels – 159%
DSCF NFMs – 175%
DDU Parcels – 198%
DDU NFMs – 224%
Non-mach ADC letters – 101%

The USPS is giving “a 6.2-cent discount to avoid 2.8-cents of costs” for ADC flats.

We are losing 3.4 cents on every flat. No wonder we can’t stay in business!
Those figures are taken directly from the regulatory board decision paper. Here is a link to the report

http://prc.gov/Docs/62/62705/Order_No_191.pdf

It is a PDF so it may take a while. The figures quoted are on pages 25 and 46-49.

By: Mailgurl

Mailgurl — Wed, 18 Mar 2009 04:45:19 +0000

I am a carrier, and I have been alarmed at the prices I have seen on some of the presort flats. These discounts are beyond anything you can imagine. I am casing mail, and I see general public flats at first class paying 1.00 and 1.17 or more, then I see a presort flat with discount price at about .34 and .44. How is that? The only way a discount like that could be is if the mailer was DELIVERING the flats too! No amount of drop ship co mail high volume barcoded list updated mail is worth that! These guys are selling us down the river with discounts like that.

By: seenoevil

seenoevil — Tue, 17 Mar 2009 23:04:08 +0000

From the PRC – USPS Annual Tables FY2008:

Dollar value of labor compensation compared to FY2007
Increase of $112.1 million/Postmasters
Increase of $31.6 million/Supervisors
DECREASE of $527.3 million/clerks
Decrease of $91.7 million/mail handlers
Decrease of $171.6 million/ city carriers

Also of interest:
$13.3 million spent for Relocation
$11.2 million spent for Transfer of Household Effects

Fun Fact:
$6.3 million spent on rubber bands