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Tuesday, January 17, 2012

USPS Still Trying To Get Out Of The Red

A new Inspector General report says most of the Postal Service's past processing-center consolidations made good business sense. The IG looked at more than 30 consolidations over the past seven years. He concluded that it made good business sense to conduct all but one of those mergers. Four more were poorly executed and never realized the savings that the agency expected. The IG says the agency should keep closer watch on the implementation process and keep stakeholders better informed. The Postal Service is considering closing hundreds of processing centers and thousands of post offices…in an effort to climb out of the red.

2 comments:

Anonymous said...

Congress needs to repeal the Postal Accountability and Enhancement Act of 2006 which puts them behind the 8 ball. Without that burden they would be $1.5 billion in the black.

Anonymous said...

The president of Sara Lee corp.(The late Frank Holas) once told me "you can't save yourself into a profit". I still believe him , right George?
The postal service has had it , it is too non productive , people that work there just don't understand business.
It's history!