Business Management - Government/Governmental
A new analysis explains just how much the USPS benefits from the subsidies it receives from the federal government.
Not satisfied with alterations made to a rate change request submitted earlier, the PRC once again returned the request to the USPS.
Donna Harman, president and CEO, AF&PA, has issued the following statement supporting bills introduced yesterday.
CPO has submitted comments urging the U.S. Food and Drug Administration (FDA) to maintain paper-format prescribing information.
Postal regulators have given the green light to the USPS to alter postage prices, a plan that will take effect beginning April 26.
Representatives from the wood product, pulp, paper and packaging industry met with lawmakers to discuss legislative proposals.
The Obama Administration has enabled U.S. paper companies to pocket an estimated $25 billion in black liquor tax credits the past six years, but here’s a clear sign the tap is about to run dry: The paper industry’s trade association this week hailed the recent Republican election victories as a sign of "Americans’ real appetite for change in Washington, DC."
To understand this turn of events, and why the paper industry is biting the Democratic hand that fed it so lavishly, it’s time for a quick civics lesson about the political parties’ competing approaches to climate change.
After close examination of claims and confirmation that the Sprint Variable Data Stacker/Batcher uses a unique process, VITS International was granted a U.S. patent on the machine. "We are pleased that our latest stacker has been recognized as a new innovation with the granting of this patent," commented Nick Gerovac, director of sales and marketing.
Even as some lawmakers push to limit Postal Service cost-cutting measures, the agency still plans to reduce its workforce by up to 15,000 employees and close up to 82 processing centers.
The agency estimates that it could save $750 million annually from the planned cuts, and said it had already saved $865 million from closing 141 mail processing facilities in 2012 and 2013.
The Postal Service believes the best way to position the agency for the future is through comprehensive reform legislation, according to spokeswoman Patricia Licata, but will continue to cut costs where it can.
The stage is being set this month for another round of argument and angst over the future of the U.S. Postal Service when Congress returns to work in September.
The latest squabble erupted after the USPS, which this summer reported a net loss of $2 billion in the second quarter of 2014, announced plans to cut 15,000 jobs and consolidate 82 mail-processing centers in 2015. The Postal Service has already consolidated 141 mail-processing facilities since 2012.
The USPS continues to drown in red ink, despite an increase in revenue in the quarter ending June 30. A big part of the losses stem