Journal of Commerce--The U.S. Postal Service estimates it lost about $6 billion in its 2010 fiscal year, raising the pressure for greater cost-cutting after lawmakers and regulators failed to bring needed... View More
From Presort.com--By now you've heard the news that the Postal Regulatory Commission (PRC) denied check that, unanimously denied the USPS requests to raise postage rates in January beyond the rate of inflation,... View More
The Telegram & Gazette told its readers that "In something of a miracle, postal regulators this past week denied a request from the U.S. Postal Service to hike its rates yet again come January 1. The... View More
Postal News Blog--On Sept. 29, Congress adopted a "continuing resolution" (CR) that will fund the federal government through early December. Sens. Tom Carper (D-DE) and Dick Durbin (D-IL) worked tirelessly... View More
The Postal Regulatory Commission today issued Order No. 547 in Docket R2010-4 denying a Postal Service request for an average 5.6 percent rate increase. The Commission found that the Postal Service failed... View More
Federal Eye--We've said it before, but we'll say it again: The U.S. Postal Service is teetering on the brink of financial collapse and is very close to running out of money. It's fate appeared sealed on... View More
Print CEO has reported that "J.C. Penney continues its shift to electronic media with plans to quit is traditional catalog business in favor of e-commerce and retail store sales. The Dallas Morning News... View More
From postcom.org--DMM Advisory: IMb Services Update. PostalOne!® Release 25.0: On November 7, 2010, PostalOne! Release 25.0 will introduce the Full-Service eDoc Verification process. The Full-Service... View More
Office of the Inspector General--UPS and FedEx frequently attempt residential deliveries when customers are not home. After a series of failed delivery attempts, these companies return the packages to... View More
The Washington Post has reported that "The Internal Revenue Service plans to stop mailing instructions and paper forms for annual income tax returns, saving the agency about $10 million a year as more... View More
Courier, Express, and Postal Observer--Senator Tom Carper introduced a new postal bill, the Postal Operations Sustainment and Transformation Act of 2010'' (The POST Act of 2010), to modify the Postal Service's... View More
Postal News Blog--The US Postal Service quietly submitted its August financial estimates to the PRC late Friday afternoon. The service reported a loss of $1.6 billion in August, bringing its fiscal year... View More
Presort.com--There is a financial truism that every American family knows instinctively and every economist knows by rote: When goods are priced too high or services lose value, people cut back on spending.... View More