As a result of a strategic alliance
between Regional Mail Xpress (RMX), a leading national fulfillment, mail and
parcel distribution company, and DHL Worldwide Express, the largest private
mailer in the United States, DHL’s domestic flat service captured 12.5
percent of DHL’s WorldMail division revenue in 1999
The United States Postal Service has just completed a difficult first four accounting periods. Through this period, the Postal Service reported a loss of $87.3 million, which is $419.9 million worse than plan. These results explain the rapidly declining official projections of the Postal Service’s financial performance. In four months, the Postal Service’s public pronouncements about this year’s prospects have changed from a surplus of $150 million to a deficit of $2 billion. The actions taken yesterday by the Postal Service Board of Governors indicated that deficits of this size cold pose significant financial consequences for the Postal Service.
Read MoreThe U.S. Postal Service will begin offering a new, enhanced delivery
information service called Signature Confirmation on Feb. 4. The new service
will provide customers with a copy of the recipient’s signature on request.
Stamps.com laid off 150 employees in Bellevue, WA, and Santa Monica, CA,
representing a 50% cut in its work force
Francotyp-Postalia (FP), the fastest-growing mailing systems vendor in the United States, today announced FP ReceiveNet, an advanced mail and parcel receivable software application that helps mailroom staff ensure proper internal delivery of important parcels, raising efficiency and reducing costs throughout the enterprise
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