SUBNAV

The Postal Wire

RSS

Postal News Roundup

U.S. Postal Service reports third quarter 2018 results: revenue and packages up, letters down

PostalNews.com  - click here for USPS Financial Report Audio - “The U.S. Postal Service reported total revenue of $17.1 billion for the third quarter of 2018 (April 1, 2018 – June 30, 2018), an increase of $402 million, or 2.4 percent…”

Notice of the USPS Regarding Filing of Post Office Suspension Information Update for FY18 Quarter 3

PRC – click here for an excel listing - “The Postal Service originally reported 655 suspended Post Offices at the start of FY 2017. An additional seven (7) suspended offices were entered into the Postal Service’s tracking system after FY 2017 began, bringing the total number of suspended offices to 662.”

Stamps.com stack falls on news that USPS intends to renegotiate deal with them

CNBC - “Stamps.com stock fell on Thursday after it disclosed that the United States Postal Service requested to renegotiate one of their key arrangements. After Thursday's open, the stock fell about 7 percent…”

A Huge Win for Organized Labor in Missouri

The Nation - “’The defeat of this poisonous anti-worker legislation is a victory for all workers across the country,’ declared AFL-CIO President Richard Trumka as the results came in Tuesday night. ‘The message sent by every single person who worked to defeat Prop. A is clear: When we see an opportunity to use our political voice to give workers a more level playing field, we will seize it with overwhelming passion and determination. Tonight is the latest act of working people changing a rigged system that for decades has been favoring corporations, the mega wealthy and the privileged few.’”

Puerto Rico says hurricane death toll 20 times higher than first reported

The Hill - “The Puerto Rican government acknowledged in a new report in the aftermath of Hurricane Maria that more than 1,400 people likely died on the island because of the storm, roughly 20 times the previous number that had been provided.”

Successful launch for Austrian Post's new letter mail product

Post and parcel ­ Austria - “Austrian Post has announced that a new letter mail product which “offers the option to choose between time-critical and not time-critical items” has been ‘well received’”.