The End of Mail?
People are aware of how the recession is affecting banks and automakers, but now, is the U.S. in danger of losing the mail? Postmaster General John E. Potter sat before the House Subcommittee on Federal Workforce, Postal Service and District of Columbia and delivered a simple, but stark message: The United States Postal Service (USPS) needs help to survive. With the current economic crisis, the USPS has seen a drastic drop in mail volume and a major shortfall of revenue has occurred.
Unlike the banks and automakers, Potter didn't come to Congress with his hand out for monetary support for the self-funded USPS, but instead, with a plan and an earnest call for assistance. Among the actions to be taken, some of which are already implemented, include a reduction in work hours, a new process of evaluating city routes, improved fleet management and fuel usage, and expanded energy efficiency throughout the USPS.
USPS issued an official statement and has a fact sheet on its Web site detailing the problem and the planned solution.
From the USPS:
U.S. Postal Service Details Economic Viability Strategy
Postmaster General Testifies on Capitol Hill, Urges Congress to Act
WASHINGTON – The U.S. Postal Service today presented to Congress a comprehensive strategy for ensuring its long-term viability, despite recent sharp declines in mail volume caused by the current economic environment.
Postmaster General John E. Potter, in testimony before the House Subcommittee on Federal Workforce, Postal Service and the District of Columbia, additionally urged lawmakers to provide the Postal Service greater flexibility with regard to mandated retiree health benefit payments. The Postal Service, a self-funded government entity, asked for no financial assistance from Congress.
“I come before you today with only one agenda – asking for your support in preserving an effective, affordable Postal Service, capable of serving every American in every community, and one that remains an important economic driver for many years to come,” Potter said. “These are extremely challenging times – for the nation and for the Postal Service. We have done a great deal to preserve the future of our nation’s mail system. But there is more to be done and we must do it together.”