Tag: USA

Delivery services used by online shippers in US

The latest data from Forrester research, conducted in a poll of 12,000 online buyers earlier this year, showed UPS still has a commanding lead with online buyers, with 57 percent of online buyers overall followed by USPS with 23 percent of online shoppers and FedEx a distant third with only 7 percent.

Breaking it down further, 57 percent of men and 53 percent of women report primarily using UPS. BizRate.com’s research shows that men are less concerned with the lowest price and more concerned with the on-time delivery of packages. Some of the difference in delivery service used is also due to differences in the types of goods purchased online by the two genders, said Forrester researcher Chris Kelley. Kelley said different online sites use different delivery options.

Read More

UPU Promotes Electronic Postmark

The Universal Postal Union has said it is working with leading postal services to promote an electronic postmark that would facilitate electronic transactions and guarantee their security.

Called the Electronic PostMark, the service applies a time-and-date seal to an electronic document, validates digital signatures and stores and archives all data needed to support a potential court challenge.

Currently used by postal services in Belgium, Canada, France, Italy, Portugal and the United States, the Electronic PostMark is the digital equivalent of the indicia that appear on every stamped envelope and has legally binding implications in matters of mail tampering.

Read More

United States Postal Service has $3.9bn surplus

The Postal Service reported a $3.9 billion surplus for 2003 despite declining mail volume, and officials renewed their pledge to keep rates steady until 2006.

The agency had suffered losses the previous two years as mail volume dwindled in the wake of the terror attacks, the anthrax scare and the weak economy. That led to a rate increase last year to the current 37 cents for first-class mail.

The post office was $676 million in the red last year and lost $1.7 billion the year before.

Read More

US Postal Service reports surplus, rates should stay steady until 2006

The US Postal Service finished 2003 with a USD3.9 billion surplus, which will help keep postal rates where they are until 2006, postal officials said Tuesday. The bottom line was USD300 million better than had been expected for the 2003 fiscal year, which ended in September. Nearly all of the surplus was used to reduce the agency’s outstanding debt. The results will enable the Post Office to “help keep the commitment to hold the current rates stable through 2006,” Postmaster General John Potter told the agency’s board of governors. Chief financial officer Richard Strasser said the results were achieved despite a decline in first-class mail and noted that the Post Office had been able to make significant savings through a reduction in staff and other cost-cutting.

Read More

Cost cuts help USPS end year in black

The U.S. Postal Service said deep cost cuts helped it finish $300 million in the black in 2003 despite a record decline in first-class mail volume. The net increase for the fiscal year that ended Sept. 30 contrasted sharply with last year’s loss of $676 million, triggered by the largest-ever slide in overall mail volume.

The USPS will seek an $884 million federal appropriation for the fiscal year beginning next October, nearly all of it to help pay for ongoing automation upgrades to the mail processing system to guard against bioterror and other threats. Those changes were ordered after the deadly anthrax attacks in 2001.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

How ready do you feel for the de minimis changes coming in July?

Thank you for voting
You have already voted on this poll!
Please select an option!




Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest