Matthew Weinstock

Results 171-180 of 192

Postal Service pleads for fiscal help

March 6, 2001 Faced with the possibility of losing more than $2 billion this fiscal year, the U.S. Postal Service is delivering an SOS to both ends of Pennsylvania Avenue. The Postal Service Board of Governors sent letters March 2 to all 535 members of Congress, President Bush and top administration officials urging...

Postal Service wants another rate hike

February 8, 2001 Forget saving pennies; it's time to start saving nickels. Less than one month after instituting a penny increase for the cost of a first class stamp, the U.S. Postal Service announced plans to seek yet another rate hike. This time, the agency could ask for a two-to-three cent increase for...

GAO chief warns of looming people problem

February 2, 2001 David Walker took his message of a human capital crisis to Capital Hill Thursday. Testifying before a Senate Governmental Affairs subcommittee, the General Accounting Office chief warned: "Widespread inattentiveness to strategic human capital management has created a governmentwide risk--one that is fundamental to the federal government's ability to effectively serve...


February 1, 2001 Three years after it was privatized, the U.S. Enrichment Corporation may be on the brink of failure. t was hailed as the hallmark of government reinvention: The Clinton administration took the little known U.S. Enrichment Corporation (USEC), a wholly owned government corporation, and in 1997 flipped it to the private...

GAO says DOE misused funds to keep privatized plant open

January 29, 2001 Former Energy Secretary Bill Richardson was not operating within the law last October when he allocated $630 million to keep a DOE facility in Ohio open, according to the General Accounting Office. The uranium enrichment plant, located in Portsmouth, Ohio, is one of the nation's two uranium enrichment facilities. Enriched...

Postmaster General says growth is agency’s biggest challenge

January 26, 2001 Among the many challenges facing the next postmaster general is finding a way to generate new revenue, according to William Henderson, who officially announced Jan. 24 that he is stepping down from the position in May. Simply cutting costs is "pretty short-sighted," Henderson said at a press briefing Thursday where...

Postmaster General to retire in May

January 25, 2001 Postmaster General William Henderson is hanging up his mailbag. After 28 years in the U.S. Postal Service, Henderson has decided to leave the federal agency when his three-year contract expires in May. An official announcement is expected Thursday morning. Henderson is one of five career postal employees to rise to...

Postal Service, FedEx form alliance

January 11, 2001 The U.S. Postal Service and FedEx Corp. have announced a unique business alliance that will allow the Postal Service to use FedEx's vast air transportation network and let FedEx take advantage of the Postal Service's many retail outlets. Deputy Postmaster John Nolan may have been joking when he said the...

Postal Board approves rate hike, but says it's too small

December 6, 2000 The U.S. Postal Service Board of Governors today approved a 4.6 percent across-the-board rate hike, but argued that it won't be enough to keep USPS from piling up losses. The governors cleared the way for postal rates to increase Jan. 7, 2001, but filed a protest asking the Postal Rate...

With a Little Help From Their Friends

December 1, 2000 he U.S. Postal Service is well-versed in forging business alliances. The agency has sought help from all walks of life to boost its retail operations, improve delivery services and venture onto the World Wide Web. Here's a sampling of the Postal Service's many business partnerships: Global Express Guaranteed: USPS teamed...

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