Tag: North America

Atlas Air orders 12 Boeing 747-8 Freighters

Posted by | Sep 13, 2006 | |

Boeing has announced that Atlas Air will be the North American launch customer for the 747-8 Freighter. Atlas has ordered twelve of these aircraft, at a total list price of USD3.4 billion.

Atlas will begin taking delivery of the aircraft in 2010, and expects all twelve to be in service by the end of 2011.

According to Atlas Air Worldwide Holdings president & CEO William Flynn, global air cargo traffic is projected to grow by more than 6% every year for the next two decades, tripling current traffic levels.

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Direct Mail Delivers. US direct mail market size

Posted by | Sep 13, 2006 | |

These excerpts appear courtesy of American Printer magazine, a trade magazine serving the commercial printing industry, and the author, John Zarwan.
Among all the bad news for print markets, direct mail remains one bright spot. Annual spending on U.S. direct mail advertising is approximately USD 60 billion a year, and it’s growing at a healthy clip – seven to eight percent a year. In 2005, companies and other groups sent out 100 billion pieces of direct mail, up 16 percent from 86 billion pieces in 1000, according to the United States Postal Service.

Mail is an important medium, one that inspires trust and helps build brand and product awareness. Relative to other media, it is inexpensive and flexible. Direct mail remains a growing medium because of its inherent advantages as well as external events, such as “do not call” legislation, pushing direct marketers toward print communications. As a result, regular mail continues to be the essential tool in communicating with the consumer.

As alternative media become fragmented, direct mail becomes more important. With hundreds of television channels and dwindling newspaper circulations, physical mail is one of the last ways to reach a large number of consumers. Direct mail is an increasingly attractive option as better databases and software allow targeted promotions to individuals based on past purchases in stores and on the Internet. Innovations in inserting and in digital printing make it easier for businesses to personalize direct mail.

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SteelCloud receives USD 1.4 million contract from Lockheed Martin for U.S. Postal Service program – SteelCloud servers designed to withstand paper dust

Posted by | Sep 12, 2006 | |

SteelCloud, Inc., a leading engineering and manufacturing integrator of network centric and embedded computing solutions today announced it has been selected as a sub-contractor by Lockheed Martin Distribution Technologies for their USD17.4 million contract to improve automated parcel-sorting systems at the U.S. Postal Service’s bulk mail centers. Lockheed Martin will install optical character-recognition systems on parcel sorters known as Singulation Scan Induction Units, at 19 bulk mail centers across the nation.

SteelCloud’s USD1.4 million contract is for high-performance servers featuring hyper-threading technology along with specially-designed filtration systems to withstand paper dust.

“This contract epitomizes the value of SteelCloud’s engineering services,” said Clifton W. Sink, SteelCloud President and CEO. “For this new program, our engineering organization configured hardware specifically for the application and integrated it with the right system software that supports the new technology. Add to this, custom chassis design, special filtration and upgrade services and you see why we believe SteelCloud continues to be the best choice for any organization needing to deliver a fully integrated, ready- to-deploy custom server platform.”

Servers ordered on these contracts will be delivered during the company’s fiscal 2006 fourth quarter which ends on October 31, 2006.

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Regulus opens major new remittance processing operation in Atlanta

Posted by | Sep 12, 2006 | |

Regulus, the nation’s largest independent provider of bill presentment and payment processing solutions, announced today the opening of a new remittance processing facility in Atlanta, Georgia. This premier site will serve Regulus’ regional and multi-national clients with customers located throughout the Eastern and Southeastern United States.

The new 36,000-square-foot facility is strategically located near a major U.S. Postal Service hub as well as the Atlanta airport. Known in the industry as one of the fastest mail collections and clearing points in the country, Atlanta offers immediate value to current and future clients seeking coverage in this heavily populated region. Among Regulus’ customers in the region are industry bellwethers in the telecom, healthcare, utility, and financial sectors. The close proximity to the USPS postal hub means that payments are received, processed and deposited faster and more efficiently. The new high-volume facility also has the potential to double in capacity in coming years as the demand from Regulus’ customers continues to grow.

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Postal Service plans for more than USD 1 Billion in cost reductions – board of governors approve FY 2007 financial plan

Posted by | Sep 12, 2006 | |

The U.S. Postal Service Board of Governors today approved a fiscal year 2007 integrated financial plan that includes cost reduction programs totaling USD1.1 billion, while continuing to provide universal service to a continuously expanding delivery network.

These cost reductions contain a planned decrease of 40 million workhours from the estimated FY 2006 level. Savings will come from automation improvements and implementation of additional “breakthrough productivity” initiatives. The Postal Service’s 2007 fiscal year begins Oct. 1, 2006 and ends Sept. 30, 2007.The plan also calls for a 3.2 percent increase in revenue and a 2.6 percent increase in expenses over the current year’s forecast, resulting in USD1.7 billion in net income.

However, the estimated USD3.3 billion escrow requirement results in a net deficiency after escrow of USD1.6 billion. The plan assumes continued slower growth in the U.S. economy and implementation of the planned postage price adjustments in May, 2007.”There is a potential for more risk in the achievement of this plan compared to recent years,” said Chief Financial Officer and Executive Vice President H. Glen Walker. “The pending rate case, the current labor negotiations with our four largest unions, and uncertainties with the economy — including fuel prices — all have the potential to affect actual revenue and expense figures.”

The financial plan does not include effects from possible passage of postal reform legislation.

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