Tag: USPS

The US Postal Service is going to give first-class treatment to first-class mail, to beat back UPS and FedEx.

Posted by | Jul 8, 2005 | |

If the US Postal Service has its way, “the check is in the mail” excuse will no longer be valid. The company that sent you the bill could verify whether you’re bluffing through a bar code on the return envelope scanned by the Postal Service. That tracking system, which starts this month, is one way the Postal Service is making first-class mail such as bills and personal correspondence more valuable, in a world full of e-mail and electronic documents. The Postal Service says a financial institution will test the system in July by using the new bar code. The customer will track mail as it winds through the Postal Service’s 283 processing and distribution centers across the country. Currently, mail is mostly scanned at the beginning and delivery points. By year’s end, all letter mail could be tracked at Postal Service facilities. The Postal Service will add commercial customers throughout 2006.

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Committee approves Collins-Carper postal reform legislation

Posted by | Jun 22, 2005 | |

The Senate Homeland Security and Governmental Affairs Committee today approved postal reform legislation introduced by Senators Susan Collins and Tom Carper. The Collins-Carper Postal Accountability And Enhancement Act represents the first major overhaul of the USPS since 1970. Their legislation will strengthen the USPS, which is the linchpin of a USD900 billion mailing industry that employs more than 9 million people nationwide. Senator Collins is the Chairman and Senator Carper is a member of the Senate Homeland Security and Governmental Affairs Committee, which has jurisdiction over the USPS. The Committee today approved the postal reform legislation by a vote of 15 to 1. It must now be considered by the Senate.

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USPS Financials, revenue and mail volume up

Posted by | Jun 21, 2005 | |

For the USPS’s fiscal 2005 year to date (Oct. 1, 2004, through May 31, 2005), total revenue was USD47.3 billion, which was USD1.1 billion better than planned budget. Total expenses of USD45.5 billion was USD221.4 million under plan. There was also good news on the volume front. Total year-to-date mail volume was up 3.0%. Broken down by class, First-Class volume was up 0.2%, Standard Mail was up 6.1%, Priority Mail was up 4.2%, Express Mail was up 1.6%, Periodicals was up 0.1%, Package Services was up 2.2%, and International was down 0.4%.

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The USPS engages Servigistics to transform service parts operations

Posted by | Jun 13, 2005 | |

Award-Winning Service Parts Management Solution Selected to Reduce Inventory, Maintain High Service Levels and Achieve Service Network Visibility for Nation’s Postal Service

Servigistics, the leading provider of service parts management solutions, announced today that The United States Postal Service (“USPS”) will implement the Servigistics solution to manage its nationwide service parts network, as part of the company’s new Enhanced Spare Parts Initiative (“eSPIN Initiative”).

With more than USD350 million in service parts inventory supporting approximately 500 field stocking locations around the country, the USPS is replacing its first-generation service parts planning software with the Servigisitcs Service Parts Management Solution to maintain its high rate of mail processing equipment uptime, critical for the movement of postal mail product, while reducing excess inventory, increasing inventory turns, lowering costs and improving visibility across its service parts network.

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US Postal Service (USPS) gaining momentum in the B2C parcel market

Posted by | Jun 9, 2005 | |

The USPS often is overlooked as a competitive threat to UPS, but with 22% of the domestic ground package market, we believe it’s a force to be watched, especially given that the USPS is growing its parcel volumes once again, after a few years of decline. We should remember that the USPS is the low-price leader in many markets and so its improved service is putting pressure on UPS’s pricing in those lanes in which it competes, namely light-weight B2C. We believe the re-energized USPS management is attempting to find new ways to bemore efficient and to this end we believe it will be more aggressive in re-pricing its $1billion annual contract with FDX for providing the air line-haul for the USPS’s Priority Mail and Express Mail shipments. While we see potential margin pressure for FDX, the contract doesn’t expire until 2008 and thus we don’t see any near-term disappointment.

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