Postal News Blog--Excerpts from testimony filed with the Postal Regulatory Commission by former USPS Chief Financial Officer Michael J. Riley. Riley testified on behalf of the National Association of Letter Carriers:
In support of its proposal to eliminate Saturday delivery, the Postal Service's current CFO, Joseph Corbett, asserts that a change to five-day delivery is "necessary and unavoidable." (USPS-T-2, at p.2). He asserts that the Postal Service is now in "dire financial condition," (id. at p.3) and that eliminating Saturday street delivery is needed to help "close the gap" between the Postal Service's costs and revenues (id. at p.14). In fact, the Postal Service's costs and revenues are not fundamentally misaligned and no radical change like ending Saturday delivery is necessary. Read more!
In support of its proposal to eliminate Saturday delivery, the Postal Service's current CFO, Joseph Corbett, asserts that a change to five-day delivery is "necessary and unavoidable." (USPS-T-2, at p.2). He asserts that the Postal Service is now in "dire financial condition," (id. at p.3) and that eliminating Saturday street delivery is needed to help "close the gap" between the Postal Service's costs and revenues (id. at p.14). In fact, the Postal Service's costs and revenues are not fundamentally misaligned and no radical change like ending Saturday delivery is necessary. Read more!
