PMG Halts Some Changes

New Postmaster General Louis DeJoy has put some elements of his aggressive operational changes on hold until after the election. DeJoy announced he would halt the removal of processing equipment and collection boxes and allow for overtime to be used as needed. The new PMG has come under enormous pressure from lawmakers, who are hearing complaints of mail delivery delays and concerns that voting by mail could be disrupted. DeJoy says operational changes are needed to improve efficiency and return the USPS to firm financial footing and ensure it “remains a valuable part of the nation’s infrastructure.” He defended his operational plan in testimony to the Senate oversight committee today and ur

PMG Modifies USPS Org Structure

PMG Louis DeJoy announced a realignment of the Postal Service organizational structure. See press release below with link to new executive leadership team; an updated org chart is attached. Updating association executives on a recent COVID Communications call, Steve Monteith, Acting Chief Customer and Marketing Officer, explained that the changes organize USPS around three business lines: Retail and Delivery Operations headed by Kristin Seaver Logistics and Processing Operations headed by David Williams Commerce and Business Solutions (to focus on growth opportunities) headed by Jakki Strako DeJoy also announced the appointment of Scott Bombaugh as acting Chief Technology Officer, Steve Mont

Impact of COVID19 on USPS Finances

Despite historic disruptions to its operations from the pandemic, the Postal Service's cash position is at one of its highest levels ever, according to a financial report from Bob Fisher of Fisher Analytics and also with IMAG member Pirate Ship. The Postal Service has about $13.2 billion dollars in cash-on-hand, although its liquidity outlook is complex, depending on decisions by the Board of Governors, the future balance between revenue and expenses, and capital expenditure decisions. In the April to May period, First Class Mail declined 11 percent, with the federal government stimulus and Census mailings mitigating the decline. Marketing Mail volume severely declined 43 percent. Package vo

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