Affordable Mail Alliance calls USPS financial claims “dubious” - postalnews blog

Affordable Mail Alliance calls USPS financial claims “dubious”

Washington, DC – The Affordable Mail Alliance today responded to the United States Postal Services’ earning report. The report contends that the USPS will not have the capital to continue opeartions into FY 2011. This claim is false.

As the Postal Service said just a month ago in its rate filing, even after making this year’s Retiree Health Benefit payment, USPS will end FY 2010 with $1.3 billion cash. Further, on October 1, the first day of FY 2011, the USPS will have access to another $1.8 billion. In addition, a potential shortfall could be eliminated by waiving either the FY 2010 or FY 2011 Retiree Health Benefit payment of $5.5 billion.

“We’re saddened to see these dubious cliams by the Postal Service and would hope for a more constructive dialogue with customers instead of making misleading public statements,” Tony Conway, Affordable Mail Alliance Spokesperson and Executive Director of the Alliance of Nonprofit Mailers.

“Unfortunately, the Postal Service seems to be attempting to justify their proposed rate hikes of ten times the rate of inflation – a move that would drive away more consumers and worsen the financial situation they’re highlighting in this report.”

6 Responses to “Affordable Mail Alliance calls USPS financial claims “dubious”

  • 1
    Affordable Mail Alliance calls USPS financial claims “dubious” at Postal Affairs Blog
    August 5th, 2010 12:47

    [...] Affordable Mail Alliance calls USPS financial claims “dubious” – postalnews blog. [...]

  • 2
    John D.
    August 5th, 2010 13:59

    On Postal management boards supervisors are complaining about the layers of management. In a large plant you might have a plant manager, two managers under them and ten managers under them before you get to the supervisor. If they would cut the layers of management and concentrate on service they would do better.
    How many managers do not have anything to do with processing and delivering the mail? You might have ten or more doing reports for the plant manager that he could do himself. They might have two or more managers watching them
    ..
    On postal craft message boards they say some plants are working seven (7) days and twelve (12) or more hours a day. That’s a lot of Overtime. If you mail a letter in your town going to someone in your town they send it to a plant to be processed and sent back. At one time these letters were just processed in the local office. If you dropped a letter in the blue box outside your post office in the morning before they opened it might have been delivered the same day. ( that’s if they didn’t take the blue box)

  • 3
    Affordable Mail Alliance calls USPS financial claims “dubious” « Mail Box Directory
    August 6th, 2010 04:17

    [...] Affordable Mail Alliance calls USPS financial claims “dubious” – postalnews blog. [...]

  • 4
    Mark
    August 6th, 2010 16:16

    And buggy whips were all the rage.

  • 5
    Coach
    August 6th, 2010 19:00

    What is so “Dubious” about having to pay civil service benefits in advance that no other government agency has to pay. They’re just dumping on the Postal Service because they try to pay their own way without tax dollars.
    If they want to bitch about something, bitch about an agency that is wasting tax money and you have no idea or recourse! If you hate the postal service so badly, stop buying stamps and accepting the mail that gets delivered, now get this, to EVERY address in America, EVERY day!

  • 6
    Jim
    August 7th, 2010 21:43

    Look folks, the USPS is in an irreversible decline due to advancing technologies. Organizations like the Affordable Mail Alliance and Alliance of Non-profit Mailers only compound the problem by demanding discounted postal rates.