United States Postal Service
February 1, 2013
Citing the fact that the U.S. Postal Service (USPS) cannot wait indefinitely for legislation, the board of governors has directed management to accelerate the restructuring of Postal Service operations to further reduce costs in order to strengthen its finances. Specifically, the board approved restructuring initiatives and instructed the USPS to revise its 2012 five-year comprehensive plan to account for current financial and liquidity conditions.
January 28, 2013
In January 2013, IDEAlliance undertook a program to reduce the cost of User License Codes by providing the codes seamlessly through mail preparation software. Under the new program, IDEAlliance will now provide Mail.dat User License Codes through Royalty License Agreements with participating software providers.
October 7, 2011
WASHINGTON, DC—Certain members of the Republican Party are repeating their support of the notion that reducing labor costs is the best remedy to cure what ails the United States Postal Service (USPS), according to finance and economy blog The Hill.
July 29, 2011
WASHINGTON, DC—The United States Postal Service (USPS) is ratcheting up its campaign to stay above water, not to mention relevant in the eyes of a disinterested consumer crowd and a concerned business community. Mr. ZIP has decided to slim down even further, with 3,700 retail offices coming under scrutiny for possible closure. It represents more than 10 percent of USPS' 32,000 retail offices.
July 22, 2011
ALEXANDRIA, VA—The Board of Directors of the Mailing & Fulfillment Service Association (MFSA) recently voted to support the United States Postal Service (USPS) in its proposed move to five-day delivery service, during its recent meeting held in conjunction with the association's annual conference in Colorado Springs, CO.
April 15, 2011
LAS VEGAS—A cheap knockoff appears to have fooled the United States Postal Service (USPS) in its attempt to honor the Statue of Liberty on a stamp. The image printed on the stamp, first issued last December, is not that of Lady Liberty in New York Harbor, but of the imposter twin that resides outside the New York-New York hotel here.
March 25, 2011
WASHINGTON, DC—The Postal Regulatory Commission (PRC) didn't do the United States Postal Service (USPS) any favors when it released its official advisory opinion on USPS' plan to end Saturday mail delivery, collection and outbound mail processing. Clearly, the two entities have widely diverse math calculations on the potential savings reaped by eliminating Saturday delivery, as well as the potential revenues lost through a decline in mail volume.
March 4, 2011
WASHINGTON, DC—Deep and aggressive cost-cutting steps just aren't enough for the United States Postal Service (USPS) to survive as an ongoing entity, Postmaster General Patrick Donahoe told a congressional subcommittee on Wednesday. The USPS needs legislative assistance.
February 18, 2011
WASHINGTON, DC—Facing the prospect of having maxed out its borrowing capabilities and not being able to meet its financial obligations by September, the United States Postal Service (USPS) received a lifeline in the form of President Obama’s 2012 budget, which would provide $4 billion in temporary financial relief in 2011.
February 1, 2011
The United States Postal Service (USPS) has filed new mailing service prices with the Postal Regulatory Commission (PRC). The increases are limited by law to the Consumer Price Index (CPI) cap of 1.7 percent. The new rates are slated to take effect April 17.
