BUSINESS
May 20, 2012 | By Bob Fernandez, INQUIRER STAFF WRITER
A Tredyffrin Township mail-processing center that employs 733 will be closed and its operations consolidated in Philadelphia, but a second center in Horsham was spared in this nationwide round of cutbacks announced by the U.S. Postal Service, which faces billions of dollars in losses. One hundred forty postal facilities are slated for closure, according to a list released Thursday night by the Postal Service. An additional 89 are expected to be announced in the future. The 229 closings will eliminate 28,000 jobs and are expected to save the Postal Service $2.1 billion a year.
NEWS
August 8, 1997 | By Mary Blakinger, INQUIRER CORRESPONDENT
Postal worker Bill Saar delivers mail along Route 30 in Exton. When people began moving into the new Exton Crossing apartment complex just off the highway this summer, he thought he would be the one tucking letters in their mailboxes. But Saar, a U.S. Postal Service employee since 1969, was wrong. Instead, the Postal Service hired a local copy-and-printing company for the job. On July 12, the contractor began delivering mail to the first three tenants at the 408-unit complex still under construction in West Whiteland Township.
BUSINESS
December 31, 2010 | By Maria Panaritis, Inquirer Columnist
If things had gone according to plan, postage stamps would cost 2 cents more the day after New Year's. But things aren't exactly going according to plan these days for the U.S. Postal Service, whose business has gone from booming to blown-to-bits in a few short years. Just listen to Postal Service spokesman Greg Frey, a 30-year veteran in Washington, as he explains what's at stake for the venerable agency, which got its start under Benjamin Franklin in 1775: "We have extreme liquidity issues, and in spite of our best efforts to cut costs," Frey said, pausing, "we just are struggling here.
NEWS
July 11, 1993 | By Dominic Sama, INQUIRER STAFF WRITER
The U.S. Postal Service, riding a crest of spectacular sales with its Legends of American Music Series of commemoratives, will issue Wednesday a booklet of 29-cent stamps recalling four famous Broadway musicals. The commemoratives, 20 to a booklet, will depict scenes from My Fair Lady, Porgy and Bess, Show Boat and Oklahoma! The stamp for Oklahoma! was issued earlier this year as a separate sheet of 40 stamps. The issuance will coincide with the 100th anniversary of Broadway.
NEWS
September 12, 2011
By Bill Bonvie The 1997 movie The Postman depicted one man's attempt to reintroduce cohesion to society following the collapse of civilization. The hero, played by Kevin Costner, is at first pretending to be a postal representative of a newly restored U.S. government. Eventually, however, his charade morphs into a mission, as he inspires a group of young recruits to begin reinstituting postal service while battling a self-styled warlord and his army. It's not my favorite film, but The Postman does convey how essential basic government services such as mail delivery are to our very existence as a country.
BUSINESS
June 17, 1988 | The Philadelphia Inquirer / MICHAEL VIOLA
Consider the possibilities, shoppers: 33 oak and mahogany desks, 40 telephones, 164 calculators, motorized drafting tables and 108 typewriters, all of which go on sale at 9 a.m. today at the U.S. Postal Service's Equipment Facility at Tenth Street and Pattison Avenue. The occasion is the first auction of excess postal equipment at the Philadelphia Division of the Postal Service. In all, hundreds of used and surplus items, right down to pencil sharpeners and doormats, will be for sale.
NEWS
March 16, 1990 | By Michael Mehle, Inquirer Washington Bureau
The U.S. Postal Service, which plans to increase the cost of a first-class stamp to 30 cents because it is losing money, spent as much as $10 million on conferences last year, including $99-a-person meals and a $12,000 reception, a government study reported yesterday. According to the General Accounting Office, the investigative arm of Congress, conferences were held at resorts in Hawaii, Arizona and Florida, usually during winter months. Also, the Postal Service awarded bonuses averaging $5,564 to each of the 75 division general managers in 1988, when postal costs went up at twice the rate of inflation, the Washington Post reported.
BUSINESS
August 12, 2011 | By Chris Mondics, Inquirer Staff Writer
A prominent Democratic lawyer and former member of the board of governors of the U.S. Postal Service has been accused of misconduct for pressing postal officials to settle a real estate dispute involving a friend and political ally. Alan Kessler, a partner at the Center City firm of Duane Morris L.L.P., repeatedly urged Postal Service lawyers to consider settlement proposals and helped principals of a Sarasota, Fla., real estate firm to craft their position even as they were battling his own agency, said a report from the Postal Service inspector general.
NEWS
November 3, 2011 | By Randolph E. Schmid, Associated Press
WASHINGTON - Senators announced a bipartisan plan Wednesday to help keep the Postal Service solvent and continue six-day mail delivery for at least two more years. The proposal would lift the agency "from the brink of bankruptcy," said Sen. Joe Lieberman, chairman of the Senate Homeland and Governmental Affairs Committee. The Postal Service lost $8 billion last year and could report even larger losses when its 2011 budget year report comes out in mid-November. "We're not crying wolf here" about the agency, said Sen. Susan Collins of Maine, the top Republican on the committee.