News & information

Statement of NALC President Fredric V. Rolando on Postal Service's 2021 Q1 Financial Report

The increased postal revenue and operating profits reflect the essential work and value of the USPS over the past year and counting--the pandemic, election and holiday season. Letter carriers have helped tens of millions of Americans shelter safely at home and even vote from home. Perhaps never in its 245 years has the public post office been more indispensable. The quarterly report also shows the underlying strength of the postal business model while making clear 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.