US postmaster to step down months after reporting billions in losses

[Dave Wainwright]

The US postmaster general, Louis DeJoy, said on Tuesday he had asked the
US Postal Service (USPS) governing board to identify his successor.

In November, DeJoy warned that the post office, which has lost more than
$100bn since 2007, must continue to cut costs or will remain on the path
to either a “government bailout or the end of this great organization as
we know it”.

USPS did not say when DeJoy – who has headed the agency since 2020 –
plans to step down. His announcement comes weeks after Donald Trump took
office.

USPS is implementing a 10-year restructuring plan announced in 2021 that
aims to eliminate $160bn in predicted losses over the next decade. USPS
now projects $80bn in losses over the period and plans further cuts to
address the shortfall.

He has faced criticism in Congress about processing network
consolidation plans.

DeJoy in December defended USPS’s plan to buy a rising number of
electric vehicles after Congress gave it $3bn after overseeing the
delivery of tens of millions of ballots for last November’s presidential
election.

First-class mail volume continues to fall, dropping 3.6% year-over-year
to 44.3bn pieces. First-class mail use is down 80% since 1997 and is at
its lowest level since 1968.

In September, USPS said it would not hike stamp prices in January for
the first time in two years. USPS in July raised the price of a
first-class mail stamp to 73 cents from 68 cents and increased overall
mailing services product prices by 7.8%.

https://www.theguardian.com/business/2025/feb/18/usps-postmaster-louis-dejoy-steps-down

[tye syding]

On Tue, 18 Feb 2025 15:33:19 -0800

Post by Dave Wainwright
The US postmaster general, Louis DeJoy, said on Tuesday he had asked
the US Postal Service (USPS) governing board to identify his
successor.

Jumping ship.

Post by Dave Wainwright
In November, DeJoy warned that the post office, which has lost more
than $100bn since 2007, must continue to cut costs or will remain on
the path to either a “government bailout or the end of this great
organization as we know it”.

But stamp prices just kept going up...

Post by Dave Wainwright
USPS did not say when DeJoy – who has headed the agency since 2020 –
plans to step down. His announcement comes weeks after Donald Trump
took office.
USPS is implementing a 10-year restructuring plan announced in 2021
that aims to eliminate $160bn in predicted losses over the next
decade. USPS now projects $80bn in losses over the period and plans
further cuts to address the shortfall.

Saturday delivery a great start.

Post by Dave Wainwright
He has faced criticism in Congress about processing network
consolidation plans.
DeJoy in December defended USPS’s plan to buy a rising number of
electric vehicles after Congress gave it $3bn after overseeing the
delivery of tens of millions of ballots for last November’s
presidential election.

But those old Grummans are bulletproof, decades in.

Post by Dave Wainwright
First-class mail volume continues to fall, dropping 3.6%
year-over-year to 44.3bn pieces. First-class mail use is down 80%
since 1997 and is at its lowest level since 1968.

Blame the interwebs.

Post by Dave Wainwright
In September, USPS said it would not hike stamp prices in January for
the first time in two years. USPS in July raised the price of a
first-class mail stamp to 73 cents from 68 cents and increased
overall mailing services product prices by 7.8%.
https://www.theguardian.com/business/2025/feb/18/usps-postmaster-louis-dejoy-steps-down

Yep.

[Dave Wainwright]

Post by tye syding
On Tue, 18 Feb 2025 15:33:19 -0800

Post by Dave Wainwright
The US postmaster general, Louis DeJoy, said on Tuesday he had asked
the US Postal Service (USPS) governing board to identify his
successor.

Jumping ship.

Post by Dave Wainwright
In November, DeJoy warned that the post office, which has lost more
than $100bn since 2007, must continue to cut costs or will remain on
the path to either a “government bailout or the end of this great
organization as we know it”.

But stamp prices just kept going up...

Post by Dave Wainwright
USPS did not say when DeJoy – who has headed the agency since 2020 –
plans to step down. His announcement comes weeks after Donald Trump
took office.
USPS is implementing a 10-year restructuring plan announced in 2021
that aims to eliminate $160bn in predicted losses over the next
decade. USPS now projects $80bn in losses over the period and plans
further cuts to address the shortfall.

Saturday delivery a great start.

Post by Dave Wainwright
He has faced criticism in Congress about processing network
consolidation plans.
DeJoy in December defended USPS’s plan to buy a rising number of
electric vehicles after Congress gave it $3bn after overseeing the
delivery of tens of millions of ballots for last November’s
presidential election.

But those old Grummans are bulletproof, decades in.

Very. Simple, efficient, does exactly what it's supposed to.

Post by tye syding

Post by Dave Wainwright
First-class mail volume continues to fall, dropping 3.6%
year-over-year to 44.3bn pieces. First-class mail use is down 80%
since 1997 and is at its lowest level since 1968.

Blame the interwebs.

Post by Dave Wainwright
In September, USPS said it would not hike stamp prices in January for
the first time in two years. USPS in July raised the price of a
first-class mail stamp to 73 cents from 68 cents and increased
overall mailing services product prices by 7.8%.
https://www.theguardian.com/business/2025/feb/18/usps-postmaster-louis-dejoy-steps-down

Yep.

Have a look at this.

https://www.facebook.com/LaurenKostiukNews/videos/i-received-this-video-inside-the-troubled-usps-distribution-hub-in-indy-as-you-c/1154143316413373/

[tye syding]

On Tue, 18 Feb 2025 16:03:50 -0800

Post by Dave Wainwright

Post by tye syding
On Tue, 18 Feb 2025 15:33:19 -0800

Post by Dave Wainwright
The US postmaster general, Louis DeJoy, said on Tuesday he had
asked the US Postal Service (USPS) governing board to identify his
successor.

Jumping ship.

Post by Dave Wainwright
In November, DeJoy warned that the post office, which has lost more
than $100bn since 2007, must continue to cut costs or will remain
on the path to either a “government bailout or the end of this
great organization as we know it”.

But stamp prices just kept going up...

Post by Dave Wainwright
USPS did not say when DeJoy – who has headed the agency since 2020
– plans to step down. His announcement comes weeks after Donald
Trump took office.
USPS is implementing a 10-year restructuring plan announced in 2021
that aims to eliminate $160bn in predicted losses over the next
decade. USPS now projects $80bn in losses over the period and plans
further cuts to address the shortfall.

Saturday delivery a great start.

Post by Dave Wainwright
He has faced criticism in Congress about processing network
consolidation plans.
DeJoy in December defended USPS’s plan to buy a rising number of
electric vehicles after Congress gave it $3bn after overseeing the
delivery of tens of millions of ballots for last November’s
presidential election.

But those old Grummans are bulletproof, decades in.

Very. Simple, efficient, does exactly what it's supposed to.

Best 1982 S-10 Blazer ever!

Post by Dave Wainwright

Post by tye syding

Post by Dave Wainwright
First-class mail volume continues to fall, dropping 3.6%
year-over-year to 44.3bn pieces. First-class mail use is down 80%
since 1997 and is at its lowest level since 1968.

Blame the interwebs.

Post by Dave Wainwright
In September, USPS said it would not hike stamp prices in January
for the first time in two years. USPS in July raised the price of a
first-class mail stamp to 73 cents from 68 cents and increased
overall mailing services product prices by 7.8%.
https://www.theguardian.com/business/2025/feb/18/usps-postmaster-louis-dejoy-steps-down

Yep.

Have a look at this.
https://www.facebook.com/LaurenKostiukNews/videos/i-received-this-video-inside-the-troubled-usps-distribution-hub-in-indy-as-you-c/1154143316413373/

Raiders of the Lost Packages!

That went on and on and on and...dayum!

[c186282]

Post by tye syding
On Tue, 18 Feb 2025 16:03:50 -0800

Post by Dave Wainwright

Post by tye syding

Post by Dave Wainwright
DeJoy in December defended USPS’s plan to buy a rising number of
electric vehicles after Congress gave it $3bn after overseeing the
delivery of tens of millions of ballots for last November’s
presidential election.

But those old Grummans are bulletproof, decades in.

Very. Simple, efficient, does exactly what it's supposed to.

Best 1982 S-10 Blazer ever!

The old Grummans were - still are - great. All nice
and simple and rugged. Iron Duke long-service engine.

I suspect the 'electric' thing was a WokieGreen
brainfart - but the Service HAD to go along with it.

After the fallout, call Grumman and order a bunch
MORE of the grand old things. Easy half the cost
of EVs and simpler to operate.

[super70s]

Post by c186282
I suspect the 'electric' thing was a WokieGreen
brainfart

Seek out some competent psychiatric help for "wokephobia."

[super70s]

Post by Dave Wainwright
The US postmaster general, Louis DeJoy, said on Tuesday he had asked
the US Postal Service (USPS) governing board to identify his successor.
In November, DeJoy warned that the post office, which has lost more
than $100bn since 2007, must continue to cut costs or will remain on
the path to either a “government bailout or the end of this great
organization as we know it”.
USPS did not say when DeJoy – who has headed the agency since 2020 –
plans to step down. His announcement comes weeks after Donald Trump
took office.

Looks like Trump will have to appoint another PG who can make sure all
the votes in Miami/Dade aren't counted, like DeJoy did in 2020.

[c186282]

The USPS used to run well on a fraction of the money.
Suddenly costs started going thru the roof - and it
wasn't because of insurance or pensions or unions ...
those had been around already. Hey, maybe the cost
of eggs !

So I wonder where the money goes .......

[Gronk]

Post by Dave Wainwright
The US postmaster general, Louis DeJoy, said on Tuesday he had asked the
US Postal Service (USPS) governing board to identify his successor.
In November, DeJoy warned that the post office, which has lost more than
$100bn since 2007, must continue to cut costs or will remain on the path
to either a “government bailout or the end of this great organization as
we know it”.
USPS did not say when DeJoy – who has headed the agency since 2020 –
plans to step down. His announcement comes weeks after Donald Trump took
office.
USPS is implementing a 10-year restructuring plan announced in 2021 that
aims to eliminate $160bn in predicted losses over the next decade. USPS
now projects $80bn in losses over the period and plans further cuts to
address the shortfall.
He has faced criticism in Congress about processing network
consolidation plans.
DeJoy in December defended USPS’s plan to buy a rising number of
electric vehicles after Congress gave it $3bn after overseeing the
delivery of tens of millions of ballots for last November’s presidential
election.
https://www.theguardian.com/business/2025/feb/18/usps-postmaster-louis-dejoy-steps-down