Topic - Patrick R. Donahoe

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  • Inside Politics: USPS chief lays out plan for agency's survival

    The head of the financially struggling U.S. Postal Service says the agency must be allowed to ease the terms of prepayments into a retiree health care fund and eliminate general mail delivery on Saturday.

  • Postmaster General Patrick R. Donahoe (Associated Press)

    Postal chief lays out plan for agency survival

    The head of the financially struggling U.S. Postal Service says the agency must be allowed to ease the terms of prepayments into a retiree health care fund and eliminate general mail delivery on Saturday.

  • Postmaster General Patrick R. Donahoe speaks at the Helena, Mont., airport last month. After visiting rural areas, Mr. Donohoe has proposed cutting hours at some rural post offices or finding other options to keep at least some open. (Associated Press)

    Closing of rural post offices put off to study other ideas

    Bending to strong public opposition, the nearly bankrupt U.S. Postal Service on Wednesday backed off a plan to close thousands of rural post offices after May 15 and proposed keeping them open with shorter hours.

  • Postal Service to push retirements hard

    More than a quarter-million U.S. Postal Service workers are eligible for retirement, and a restructuring plan proposed Thursday relies heavily on getting many of them to quit.

  • Postmaster General Patrick R. Donahoe (J.M. Eddins Jr./The Washington Times)

    Postal Service loses $3 billion

    The U.S. Postal Service lost more than $3 billion during the last three months of 2011 as continued declines in volume of first-class mail wiped out good news about the shipping and packaging business.

  • Postmaster General Patrick Donahoe (left) appears Sept. 6, 2011, on Capitol Hill before the Senate Homeland Security and Governmental Affairs Committee as the panel examines the economic troubles of the Postal Service, a self-funded federal agency in decline because of the Internet and advertising losses. (Associated Press)

    Postal Service seeks drastic cuts

    The cash-strapped U.S. Postal Service announced plans Thursday to target more than 250 mail-processing facilities for potential closure, including eight in Virginia and Maryland, while allowing itself more time to deliver first-class mail in an effort to save billions of dollars and return to profitability.

  • Postmaster General Patrick R. Donahoe said Thursday he will continue to support ending Saturday mail. The measure must be approved by Congress. (U.S. Postal Service)

    Report: Postal Service figures overstated Saturday savings

    The Postal Service overstated its potential savings from eliminating Saturday delivery, a proposal that would slow delivery of about 1 in 4 letters, the independent Postal Regulatory Commission said Thursday.

  • Postal Service to run out of cash by October, postmaster tells panel

    The Republican-controlled House opened the envelope of postal finances on Wednesday and what it pulled out wasn't pretty.

  • U.S. POSTAL SERVICE
The nation's 73rd U.S. postmaster general, Patrick R. Donahoe, starts work Friday in the midst of its worst financial crisis in history.

    Postal Service seen 'vital' to U.S. economy

    On the day before he was set to take over as the nation's 73rd U.S. postmaster general, Patrick R. Donahoe sought to explain to a Senate panel how he plans to reverse a string of multibillion-dollar annual losses and lift the Postal Service out of the worst financial crisis in its history.

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Quotations
  • "We are losing $25 million a day and we are on an unsustainable path. Our financial problems are due to the fact that we have restrictive laws that prevent us from fully responding" to its indebtedness, he said.

    Postal Service worried by 'unsustainable path' →

  • "This imbalance [between revenues and expenses] will only get worse over the coming decade unless laws that govern the Postal Service are changed," Postmaster General Patrick R. Donahoe told the House Committee on Oversight and Government Reform.

    Postal Service worried by 'unsustainable path' →

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