News & information

Statement from NALC President Fredric V. Rolando on Postal Service's FY 2021 Q3 Financial Report

The postal revenue increase over the same quarter last year makes two things clear. The first is how much the American people and their businesses rely on the Postal Service. During the pandemic, letter carriers have helped tens of millions of Americans shelter safely at home, while also helping them vote safely from home. Secondly, even with the demonstrated strength of the postal business model, USPS reported a net loss, which drives home the need for postal reform to address the artificial red ink caused by the 2006 congressional mandate that the USPS--alone among all U.S. companies and agencies--pre-fund future retiree benefits.