Tag: USPS

Depending on the report you read, the USPS had a great, a pretty good, or a terrible first quarter. The net income according to generally accepted accounting principles (GAAP) was $1.4 billion. The “controllable” by postal management net income was $522 million, and the GAAP net income minus an adjustment to workers’ compensation (WC) expense…

Alliance Notes

Dec 20, 2016

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in Alliance Notes

Alliance Notes, for December 20, 2016 The Washington Post: How do we raise charitable children? A nonprofit founder (and dad) offers tips. KSL: S. Postal Service prepares for record-breaking Christmas Linn’s Stamp News: Court to hear case of rejected stamp critical of Citizens United ruling Small Business Trends: What is USPS Every Door Direct Mail…

USPS Starts FY 2017 with Good Results

Dec 1, 2016

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If we were optimistic, we would view the financial results for the United States Postal Service for October 2016 as a sign of better times. The first month of the new fiscal year looked pretty good. A successful business needs to have revenues growing faster than expenses. While not quite there yet, the Postal Service…

PRC Urges Congress to Help the USPS Business Model

Nov 16, 2016

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PRC urges Congress to help, but does not explicitly endorse several USPS requests. The 2006 Postal Accountability and Enhancement Act (PAEA) requires the regulator to write a report to Congress every five years on how the law is serving the nation. This is the second of these Section 701 reports. The PRC made 17 recommendations.…

Full Service Assessments Begin November 14, 2016

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The Postal Service will begin Assessments for Electronic Verification Metrics in November 2016 for October data. The assessments result in the removal of the Full-Service discount on those pieces in error above the established thresholds. Automated email Assessment notifications will be sent as described below on the 11th day of each month. Note: Due to…

USPS Assures Mailers That “Marketing Mail” Re-branding Will Not Devalue Mail

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After receiving concerned feedback from many mailers, the Postal Service moved quickly to reassure its customers that the re-branding of Standard Mail as Marketing Mail will not harm anyone or reduce the value of mail. At the Postmaster General’s Mailers Technical Advisory Committee meeting on November 1, newly re-titled chief customer and marketing officer Jim…

USPS and OIG Disagree on Liquidity Measure

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Since the Great Recession of 2007-2009, the USPS has been emphasizing a financial analysis ratio as an indicator of its condition. The Postal Service regularly and alarmingly reported that its “days of cash on hand” had dipped into the single digits during the downturn. Recently, the USPS has reported that this ratio is up…

USPS Rates: Trick or Treat?

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As we alluded to last time, even though the overall average postage increase on January 22, 2017 will be below one percent, some types of mail will receive much larger than average increases while others will enjoy rate reductions. Treats Metered Single Piece First Class Mail will decrease from 46.5 cents to 46 cents. This…

USPS Announces Pricing Changes For 2017

Oct 12, 2016

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