Maryland Daily Record » u.s. postal service http://thedailyrecord.com Maryland's trusted source for business and legal news Fri, 24 May 2013 21:04:36 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 State purchases historic Annapolis post office building  http://thedailyrecord.com/2013/05/15/state-purchases-historic-annapolis-post-office-building/ http://thedailyrecord.com/2013/05/15/state-purchases-historic-annapolis-post-office-building/#comments Wed, 15 May 2013 16:20:19 +0000 Alexander Pyles http://thedailyrecord.com/?p=239829 (access required)&via=&related=DolcePixel"> The Board of Public Works on Wednesday approved the state’s purchase of the 111-year-old Annapolis post office, which had been shopped by the financially struggling U.S. Postal Service. ]]> http://thedailyrecord.com/2013/05/15/state-purchases-historic-annapolis-post-office-building/feed/ 0 Postal Service backs down on cutting Saturday mail http://thedailyrecord.com/2013/04/10/postal-service-backs-down-on-cutting-saturday-mail/ http://thedailyrecord.com/2013/04/10/postal-service-backs-down-on-cutting-saturday-mail/#comments Wed, 10 Apr 2013 15:55:48 +0000 Associated Press http://thedailyrecord.com/?p=237411 WASHINGTON — The beleaguered U.S. Postal Service backed down from its cost-saving plan to eliminate Saturday mail delivery, acknowledging that Congress barred a move that supporters said was essential to addressing the agency’s dire financial condition. Despite the retreat, the governing board said Wednesday that it’s not possible for the Postal Service to meet its [...] ]]> http://thedailyrecord.com/2013/04/10/postal-service-backs-down-on-cutting-saturday-mail/feed/ 0 Postal Service loses money despite customer growth http://thedailyrecord.com/2013/04/08/postal-service-loses-money-despite-customer-growth/ http://thedailyrecord.com/2013/04/08/postal-service-loses-money-despite-customer-growth/#comments Mon, 08 Apr 2013 22:09:32 +0000 Associated Press http://thedailyrecord.com/?p=237252 What business gets more customers every year, yet keeps losing money? The U.S. Postal Service delivers mail to 11 million more homes, offices and other addresses than it did a decade ago, even as the amount of mail that people in the United States receive has dropped sharply. That combination may be financially dicey, some [...] ]]> http://thedailyrecord.com/2013/04/08/postal-service-loses-money-despite-customer-growth/feed/ 0 Postal Service lost $1.3 billion over quarter http://thedailyrecord.com/2013/02/08/postal-service-lost-1-3-billion-over-quarter/ http://thedailyrecord.com/2013/02/08/postal-service-lost-1-3-billion-over-quarter/#comments Fri, 08 Feb 2013 19:26:37 +0000 Associated Press http://thedailyrecord.com/?p=233313 WASHINGTON — The U.S. Postal Service lost $1.3 billion in the final three months of last year, despite a blizzard of campaign advertising for the fall political elections and a big holiday mail and shipping season. The loss announced Friday was far less than the $3.3 billion in the comparable quarter the previous fiscal year, [...] ]]> http://thedailyrecord.com/2013/02/08/postal-service-lost-1-3-billion-over-quarter/feed/ 0 Postal Service to cut Saturday mail to trim costs http://thedailyrecord.com/2013/02/06/postal-service-to-cut-saturday-mail-to-trim-costs/ http://thedailyrecord.com/2013/02/06/postal-service-to-cut-saturday-mail-to-trim-costs/#comments Wed, 06 Feb 2013 13:46:06 +0000 Associated Press http://thedailyrecord.com/?p=233083 WASHINGTON — The financially struggling U.S. Postal Service said Wednesday it will stop delivering mail on Saturdays but continue to disburse packages six days a week, an apparent end-run around an unaccommodating Congress. The service expects the Saturday mail cutback to begin the week of Aug. 5 and to save about $2 billion annually, said [...] ]]> http://thedailyrecord.com/2013/02/06/postal-service-to-cut-saturday-mail-to-trim-costs/feed/ 0 USPS reports $15.9B loss; plans still need stamp of approval http://thedailyrecord.com/2012/11/15/usps-reports-15-9m-loss-plans-still-need-stamp-of-approval/ http://thedailyrecord.com/2012/11/15/usps-reports-15-9m-loss-plans-still-need-stamp-of-approval/#comments Thu, 15 Nov 2012 23:40:50 +0000 Associated Press http://thedailyrecord.com/?p=228141 WASHINGTON — The struggling U.S. Postal Service has reported a record annual loss of $15.9 billion, capping a tumultuous year in which it was forced to default for the first time on billions in payments to avert bankruptcy. The financial losses for the fiscal year ending Sept. 30 followed a $5.1 billion loss in the [...] ]]> http://thedailyrecord.com/2012/11/15/usps-reports-15-9m-loss-plans-still-need-stamp-of-approval/feed/ 0 Week in review – 9/28/12  http://thedailyrecord.com/2012/09/27/week-in-review-92812/ http://thedailyrecord.com/2012/09/27/week-in-review-92812/#comments Thu, 27 Sep 2012 22:06:29 +0000 Daily Record Staff http://thedailyrecord.com/?p=224457 (access required)&via=&related=DolcePixel"> City wants to shift funds to bridge A plan to build a $32.9 million bridge from the foot of Central Avenue near Fells Point across a small inlet to Harbor Point — the site of the new Exelon Corp. divisional headquarters — will receive money originally targeted for other Baltimore road projects already in the [...] ]]> http://thedailyrecord.com/2012/09/27/week-in-review-92812/feed/ 0 Pilot post office program coming to state http://thedailyrecord.com/2012/09/24/pilot-post-office-program-coming-to-state/ http://thedailyrecord.com/2012/09/24/pilot-post-office-program-coming-to-state/#comments Mon, 24 Sep 2012 23:13:06 +0000 Capital News Service http://thedailyrecord.com/?p=224173 Gopost, a new product from the U.S. Postal Service, is coming to Maryland, giving nine-to-fivers the convenience of package delivery or posting at any time on any day. The pilot program begun in Virginia is expanding to three locations in Prince George’s and Montgomery counties this month. “We are trying to locate these where people [...] ]]> http://thedailyrecord.com/2012/09/24/pilot-post-office-program-coming-to-state/feed/ 0 Post office nears historic default on $5B payment http://thedailyrecord.com/2012/07/30/post-office-nears-historic-default-on-5b-payment/ http://thedailyrecord.com/2012/07/30/post-office-nears-historic-default-on-5b-payment/#comments Mon, 30 Jul 2012 19:26:38 +0000 Associated Press http://thedailyrecord.com/?p=220374 WASHINGTON — The U.S. Postal Service is bracing for a first-ever default on billions in payments due to the Treasury, adding to widening uncertainty about the mail agency’s solvency as first-class letters plummet and Congress deadlocks on ways to stem the red ink. With cash running perilously low, two legally required payments for future postal [...] ]]> http://thedailyrecord.com/2012/07/30/post-office-nears-historic-default-on-5b-payment/feed/ 0 USPS stalls closure of urban stations http://thedailyrecord.com/2012/05/14/usps-stalls-closure-of-urban-stations/ http://thedailyrecord.com/2012/05/14/usps-stalls-closure-of-urban-stations/#comments Mon, 14 May 2012 16:46:14 +0000 Associated Press http://thedailyrecord.com/?p=215307 DES MOINES, Iowa — U.S. Postal Service spokesman Richard Watkins says the agency is stalling plans to close 600 urban and suburban postal branch offices and satellite stations. Watkin’s announcement Monday follows the agency’s decision last week to halt the planned shutdown of hundreds of rural post offices, saying they can remain open with shorter [...] ]]> http://thedailyrecord.com/2012/05/14/usps-stalls-closure-of-urban-stations/feed/ 0