USPS

By Jeff Berman · December 14, 2011
The United States Postal Service said yesterday that it has agreed to delay the closing or consolidation of any Post Office or mail processing facility until May 15, 2012.
By Jeff Berman · December 5, 2011
The USPS is proposing to move First Class Mail to a 2-3 day standard for contiguous U.S. destinations as part of its plan to counter significant financial losses in recent years.
By Jeff Berman · November 23, 2011
USPS officials said that prices for Priority Mail and Express Mail will increase by an average of 3.1 percent and 3.3 percent, respectively, and added that the Postal Regulatory Commission will review the prices before they take effect on January 22, 2012.
By Jeff Berman · November 16, 2011
Financial issues for the United States Postal Service (USPS) remain front and center, with this week’s announcement that for Fiscal Year 20111 the USPS had a net loss of $5.1 billion.
By Jeff Berman · October 25, 2011
Quarterly revenue for Big Brown—at $13.2 billion—was up 8.0 percent annually, and operating profit—at $1.61 billion—was up 0.2 percent. Earnings per share—at $1.06—saw a 14 percent year-over-year increase, topping Wall Street expectations of $1.05 per share.
By Jeff Berman · October 21, 2011
EquaShip aims to provide smaller shippers with cost-savings that are typically only available to large enterprise shippers.
By Jeff Berman · October 19, 2011
At a time when it is facing myriad financial headwinds, the United States Postal Service (USPS) announced yesterday that it has raised prices for various services and products, effective January 22, 2012.
By Jeff Berman · September 15, 2011
A week after a Senate committee held a hearing to examine the current state of the United States Postal Service and recent proposals to improve its financial condition, the USPS today announced proposed changes to its network that it said would deliver $3 billion in annual savings.
By Jeff Berman · September 7, 2011
The financial travails of the United States Postal Service were on full display at a hearing hosted by the Senate Committee on Homeland Security and Governmental Affairs yesterday.
By Jeff Berman · August 22, 2011
In early 2009, the United States Postal Service (USPS) stated its intent in a filing with the Postal Regulatory Commission (PRC) to launch a market test to provide service akin to a less-than-truckload (LTL) network. But in a filing submitted to the PRC on August 19, the USPS said it intends to shutter this initiative—it entitled “Collaborative Logistics”—on September 19.
By Jeff Berman · April 22, 2011
The United States Postal Service (USPS) announced this week it has introduced a new regional ground service for commercial shippers looking for an “economical solution for delivery of small packages.
By Jeff Berman · April 6, 2011
Upon ratification by union membership in the next two months, this deal will run through May 20, 2015 and impact roughly 205,000 employees, according to USPS officials.
By Jeff Berman · March 28, 2011
According to the PRC, the USPS advised it that due to falling mail volumes and revenues it is considering eliminating Saturday mail collection and delivery except for Express Mail and existing post office box service.
By Jeff Berman · March 15, 2011
USPS officials said that upon ratification by union membership-expected-in the next two months, this deal will run through May 20, 2015 and impact roughly 205,000 employees.
By Jeff Berman · March 3, 2011
The Postal Regulatory Commission filed an order to conditionally grant a USPS request to transfer Commercial Standard Mail Parcels to the competitive product list.

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