Tag: USA

US Postal Service Vows to Save Universal Mail Delivery

The Postal Service has delivered its Transformation Plan to Congress. This comprehensive Plan was developed to address both the near-term and long-term efforts that will result in a continued ability to fulfill the mission of the Postal Service – to deliver business and personal mail affordably to everyone, everywhere.

Postal Service leadership commits to leading the near-term effort of managing the immediate challenges facing the Postal Service. Successful long-term transformation that safeguards universal service in the future is contingent upon the commitment of all stakeholders to work together toward a common vision. It is hoped that this Transformation Plan will spur public policy debate on the most appropriate long-term structure necessary to ensure an efficient, reliable and innovative delivery service sector that meets the future, diverse, economic needs of the nation.

Full plan available at http://www.usps.com/strategicdirection/transform.htm

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UPS profits soar on direct cargo flights

UNITED Parcel Service (UPS), the United States cargo and airfreight giant, is eyeing additional traffic rights for direct cargo flights between China and the US after revenues topped US$200 million (HK$1.56 billion), double its forecasts, in the first year of operations.
UPS president Ronald Wallace said that when the six direct China-US services were launched on April 3, 2001, “we projected to break even in a year”.
But he added: “We broke even in seven months, exceeding volume and profit projections. From forecasts of US$100 million in revenue we have gone to well over US$200 million revenue in a year.

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US Postmaster Promises on Stamp Rate

Postmaster General John Potter promised the nation Friday that, following this summer’s planned rate increase, postage prices won’t rise again for two years.
The postal governing board is expected to give final approval next week to a 3-cent rate increase, boosting first-class stamps to 37 cents this summer.
Once that increase is in place, Potter said: “I am committed to maintain that rate schedule until at least calendar year 2004.”

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T&B: contract with 7-Eleven

Tibbett & Britten Group North America Inc. (TBGNA), the North American division of the globally operating British logistics service provider. recently signed a Iongterm contract with the US retail store chain 7-Eleven.

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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.

 

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