Tag: USPS

Lockheed Martin gets USD120M US Postal Service pact

Lockheed Martin said it received a contract valued at as much as USD120 million to upgrade the US Postal Service’s systems that recognize handwritten and machine-printed addresses on letter mail. Lockheed Martin and suppliers aim to boost the USPS’s ability to automatically read addresses above the current 92%, the company said. Lockheed has been working with the Postal Service on this effort for 10 years; the new contract continues their collaboration.

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USPS may require Parcel Select clients to use e-voucher system

The US Postal Service is weighing whether to require all customers of its Parcel Select program to use an electronic system that the agency hopes will help ease payment and verification for mail acceptance. In a proposed rule, the Postal Service also said its Electronic Verification System (e-VS) may be expanded for all users if it demonstrates cost savings and efficiencies during its initial rollout. E-VS is an electronic manifest program for tracking payments and verifying all Parcel Select mailings, and it is expected to replace an inefficient and complex paper filing database. Parcel Select is a ground delivery program for medium-to-large customers.

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Postal Rate Commission OKs, sends 5.4% rate hike to US Postal Service Board

The Postal Rate Commission approved a 5.4 percent across-the-board postage rate increase with some exceptions. The matter now goes to the U.S. Postal Service Board of Governors, which said it would vote on final approval Monday. If approved, the rates likely would take effect Jan. 16, though some in the industry have asked for a delay so mailing software can be updated. Meanwhile, postal watchers hope reform legislation is passed that would make the increase unnecessary. PRC chairman George Omas said the 5.4 percent increase is well below the rate of inflation for the past 3 1/2 years, which is the last time rates rose.

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US Postal Service does it again in overnight First-Class mail delivery

The US Postal Service’s high level of service performance remains constant through another measurement period. Its on-time overnight delivery of First-Class Mail earned a 95 percent performance score as measured independently by IBM Consulting Services and announced today during the agency’s Board of Governors meeting in Washington, D.C. This accomplishment marks the 11th consecutive measurement period in which the organization has scored 95 percent or better for on-time overnight delivery of First-Class Mail.

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Definition of and US Policy Towards Extraterritorial Offices of Exchange (ETOEs)

Definition of and U.S. Policy Towards Extraterritorial Offices of Exchange (ETOEs)

An Extra-territorial Office of Exchange (ETOEs) is defined as an office or facility operated by or in connection with a postal operator outside its national territory on the territory of another country. These offices are established by postal operators for commercial purposes to draw business in markets outside their own national territory. As of 2005, there were more than twenty ETOEs operating within the United States.

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