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Financial Center to absorb Post Office Credit Union in merger
Financial Center First Credit Union, which is among the Indianapolis area’s largest credit unions, plans to merge with the Indianapolis Post Office Credit Union.
Financial Center First Credit Union, which is among the Indianapolis area’s largest credit unions, plans to merge with the Indianapolis Post Office Credit Union.
Letter carriers have been working without a new contract since their old one expired in May 2023. Since then they have continued working under the terms of the old contract.
The U.S. Postal Service said Wednesday that it is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps.
Allowing marginally slower service to rural areas, which often drag down on-time rates, could improve the agency’s delivery metrics, experts say.
State election directors from across the country voiced serious concerns to a top U.S. Postal Service official Tuesday that the system won’t be able to handle an expected crush of mail-in ballots in the November election.
James Lancaster of Indianapolis stole more than 270 pieces of mail with checks from more than 50 different businesses between May 2020 and June 2021, the U.S. Justice Department said.
The Supreme Court sided in part with a Sabbath-observant mail carrier who quit the U.S. Postal Service after he was forced to deliver packages on Sundays.
Postmaster General Louis DeJoy says his plan to dramatically increase postage rates could spell trouble for some businesses relying on mailing and shipping costs that have been kept low at the expense of the Postal Service’s financial stability.
The new rates, which cover stamps and other mail items including periodicals and advertising mailers, are poised to take effect July 9 unless overruled by the postal regulator.
Challenges with the cash-strapped United States Postal Service sent many Americans to their wit’s end during the COVID-19 pandemic, especially in communities reliant on the mail for essential goods.
The mail agency’s board of governors approved a peak-season plan to increase the costs of commercial and retail parcels from early October through late January to capture the bustling holiday shopping season when packages crisscross the country.
Inflation is going to add more than $1 billion to the U.S. Postal Service budget, necessitating a request for another rate increase in January, Postmaster General Louis DeJoy said Tuesday.
The Postal Service now wants 50% of its initial purchase of 50,000 next-generation vehicles to be electric, up from the previous plan for 20% being electric.
Postmaster General Louis DeJoy said he’ll advocate for raising prices until “we have accomplished our objective of projecting a trajectory that shows us being self-sustaining.”
The Postal Service’s plan falls well short of White House goals to move the entire federal civilian fleet to electric vehicles by 2035. The mail agency’s 217,000 vehicles make up the largest share of the government’s civilian vehicles.
The Postal Service formally placed its initial $2.98 billion order for 50,000 vehicles with at least 10,019 of them being battery-electric vehicles. That represents a doubling of electric vehicles from the initial plan.
The plan largely ignores White House calls to replenish the mail-service fleet with electric vehicles and has drawn sharp criticism from the Biden administration, Democratic lawmakers and environmentalists.
Congress mustered rare bipartisan support for the Postal Service package, dropping some of the more controversial proposals to settle on core ways to save the service and ensure its future operations.
Congress would lift onerous budget requirements that have helped push the Postal Service deeply into debt and would require it to continue delivering mail six days per week under bipartisan legislation the House approved Tuesday.
Nearly 3.4 billion parcels are expected to crisscross the country this holiday season, representing an estimated increase of about 400 million compared with last year.