United States Postal Service
During the opening session of the National Postal Forum in Baltimore, the Postmaster General revealed a new feature, Informed Delivery.
This week, Julie Greenbaum highlights industry news about a New Orleans-based commercial printer that has been the target of embezzlement; PostNet International Franchise Corp. being purchased by MBE Worldwide; M13 Graphics signing a letter of intent to purchase a 40" Komori Impremia NS40 with Landa Nanographic technology; and the USPS reporting a $562 million second quarter net loss.
The USPS has reported a modest controllable income for Q2 of fiscal year 2017 of $12 million — it fell short of the $576 million.
The PRC review finds that the USPS’s FY 2016 Report and FY 2017 Plan comply with all but one of the legal requirements.
“Told you so. Now don’t try to slap us with a Stupidity Tax.” That, in essence, is the magazine industry’s response to the USPS.
While the USPS had a third consecutive year of net positive Operating Income, it is $578M less than the previous net operating income.
The increasing use of non-career letter carriers has caused a steady rise in motor vehicle accidents and liability.
The House Oversight and Government Reform Committee approved H.R. 756, the Postal Service Reform Act of 2017, as amended.
NPES President Thayer Long commends the voice vote approval of H.R. 756, The Postal Service Reform Act of 2017.
If you think your mailbox is fuller on Saturdays than it used to be, it’s not your imagination.