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Postal Service Ends Second Quarter with $1.9 Billion Loss
5/7/2009 7:46:40 AM
Year-End Cash Shortfall Possible Despite Aggressive Cost Reductions; Mail Incentive Programs Introduced to Offset Unprecedented Volume Declines

WASHINGTON, DC— The U.S. Postal Service ended its second quarter (Jan 1 – March 31) with a net loss of $1.9 billion, as the economic recession and longer-term financial pressures, such as the diversion of letter mail to electronic... Read More
Topics:  
United States Postal News
Posted by  John Schulte
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Direct Marketing Business Network

Postal Service Leverages Technology to Save $57 Million

4/28/2009 10:20:30 AM
Earns Award for Leadership and Innovation in Supply Management

WASHINGTON— The U.S. Postal Service has earned the R. Gene Richter Award for “Leadership and Innovation” for optimizing the use of bidding software thatresulted in savings of more than $57 million from 2005 to 2008.

Called “optimization-enabled sourcing,” the technology allows suppliers to submit multiple bids on... Read More
Topics:  
United States Postal News
Posted by  John Schulte
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Resource Map to Help Mailers Navigate Stream of Documents
3/31/2009 10:55:30 AM
Intelligent Mail Information Flows on RIBBS Website

WASHINGTON— Whether taking the leap to sign up for Intelligent Mail services in May, or planning for the future, business mailers are sure to find “A Resource Map to Intelligent Mail Documents” a good place to start.

Available on the Postal Service’s RIBBS website (ribbs.usps.gov), the resource map lists and describes an... Read More
Topics:  
United States Postal News
Posted by  John Schulte
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U.S. Postal Service Details Economic Viability Strategy Postmaster General Testifies on Capitol Hill, Urges Congress to Act
3/25/2009 1:33:21 PM
WASHINGTON – The U.S. Postal Service today presented to Congress a comprehensive strategy for ensuring its long-term viability, despite recent sharp declines in mail volume caused by the current economic environment

Postmaster General John E. Potter, in testimony before the House Subcommittee on Federal Workforce, Postal Service and the District of Columbia, additionally... Read More
Topics:  
United States Postal News
Posted by  John Schulte
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