Tag: North America

Council, developers debate mailboxes

Posted by | Jun 20, 2007 | |

Next week, the Killeen City Council will have to decide who the customer is and who should pay for mailboxes in new subdivisions. Under a proposed ordinance, developers would pay the bill.

In early March, the council debated about who should install the central community group mailbox in new subdivisions. New U.S. Postal Service regulations require a centralized mailbox for new communities, rather than a mailbox for each individual house, to increase efficiency.

Killeen Postmaster Jeff Davis said the Postal Service can no longer provide the mailboxes because they’re not the federal government’s responsibility.

The City Council revived the debate Tuesday at its workshop. The council received a letter forwarded from U.S. Rep. John Carter, R-Round Rock that is from the U.S. Postal Service. The letter states that it is the Postal Service’s responsibility to deliver the mail in the most efficient and economic manner possible. Davis said that means centralized mailboxes in new subdivisions.

The letter also states that installing the mailbox is the responsibility of the customer. A proposed city ordinance calls developers the customer. The proposed ordinance requires the developer of a subdivision to identify the site for a centralized mailbox in the plat process, buy the mailbox and install it – including the concrete pad it would be placed on.

The City Council addressed the mailbox issue in early March after residents complained that they were not getting their mail. Davis said that was because mailboxes were not installed until all the houses in the subdivision were complete, so the first people to move in had to wait to get mail.

The council will vote on the proposed ordinance at Tuesday’s regular meeting.

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U.S. Postal Service Governors issue decisions on two pricing recommendations

Posted by | Jun 20, 2007 | |

The U.S. Postal Service Governors decided that the current Standard Mail Flat prices will remain in effect and approved a pricing structure for Premium Stamped Stationery and Cards.

The Governors decided not to implement a temporary change to Standard Mail Regular and Nonprofit Flat prices recommended in the latest Postal Regulatory Commission’s (PRC) decision on reconsideration. The Governors asked the Commission to reconsider some of the prices originally recommended on February 26, 2007, and implemented on May 14, 2007.

The Governors also approved a PRC recommendation on the price structure for Premium Stamped Stationery and Premium Stamped Cards. The stationery (sold in pads consisting of 12 sheets of quality stock paper and imprinted with postage) can be priced between three and four times the First-Class Mail Letters first-ounce single-piece rate – currently 41 cents – times the number of sheets. The total price for the cards (sold in packets 10 to 20 and imprinted with postage and matching designs) can be priced between two and three times the First-Class Mail Cards Regular single-piece rate – currently 26 cents – times the number of cards.

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FedEx Corp. fourth quarter net income increases 7 percent

Posted by | Jun 20, 2007 | |

FedEx Corporation today reported earnings of USD 1.96 per diluted share for the fourth quarter ended May 31, compared to USD 1.82 per diluted share a year ago. The quarter’s results include a gain from a settlement with Airbus related to the A380 order cancellation, which had a net benefit to earnings of approximately USD 0.06 per diluted share.

“FedEx delivered solid financial results in fiscal 2007 even though we were restrained by a slowing U.S. economy,” said Frederick W. Smith, FedEx Corp. chairman, president and chief executive officer. “The weakened industrial sector is currently limiting demand for transportation services, but we expect the U.S. economy to begin to show modest year-over-year improvement in the late summer to early fall timeframe. We remain optimistic about prospects for global economic growth, and will continue to invest in projects critical to achieving strong long-term financial performance.”

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Head of U.S. Postal Service to meet with local mailing industry members

Posted by | Jun 20, 2007 | |

John (Jack) E. Potter, postmaster general and chief executive officer, U.S. Postal Service met with local mailing industry member last Thursday 21st.

The Hampton Roads Postal Customer Council, which is sponsoring this breakfast, was established over 34 years ago. Postal Customer Councils © are community groups made up of business mailers and Postal Service leaders to improve mail service, identify and correct problems, and exchange ideas to help member companies be more successful

This is the first time since 1988, that a U.S. Postal Service Postmaster General is visiting Hampton Roads. Mr. Potter will make a brief presentation, preferring to leave the majority of the schedule open to a customer question and answer session.

In addition to general program, Newport News Letter Carrier William Washington will be recognized for his 50 years of government service.

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Wal-Mart to expand financial services

Posted by | Jun 20, 2007 | |

Wal-Mart Stores Inc. said on Wednesday that it intends to open 1,000 Wal-Mart MoneyCenters and launch a reloadable prepaid Wal-Mart MoneyCard, in a major expansion of financial services the retailer provides to its base of low-income customers.

The company earlier this year withdrew an application with U.S. bank regulators to operate a specialty bank in the face of immense opposition from politicians, consumer groups and community banks.

While Wal-Mart had insisted it wanted to use the bank to save money by processing credit-card and check transactions internally, consumer groups and banks feared the retailer would eventually provide other retail banking services, leading to the demise of community banks.

After withdrawing the application, the retailer said it would focus on introducing new financial services, and Jane Thompson, president of Wal-Mart financial services, said the company would have “a lot of things that will be coming out this year.”

Wal-Mart currently has 225 MoneyCenters and intends to expand that number to 1,000 by the end of 2008. The retailer said the centers, which are geared toward customers who are “outside mainstream banking,” offer money services like check cashing, money orders, bill payment and money transfers.

It will also launch the Wal-Mart MoneyCard, a reloadable prepaid Visa, that it is rolling out nationally with GE Money and Green Dot. It said the card can be used at all locations where Visa is accepted and at automated teller machines.

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