Postal News Roundup
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…”
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.”
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…”
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.’”
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.”
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’”.