Tag: USPS

USPS boosts productivity, holds rates steady

Posted by | Jul 20, 2004 | |

Chief Financial Officer Richard J. Strasser, Jr. told the Postal Service’s Board of Governors meeting here today, that through Quarter 3 of fiscal year 2004, the Postal Service further reduced its debt and is on track to hold rates steady to 2006. Strasser cited increased productivity and a reduction in Civil Service retirement fund overpayments as the principal reasons for the positive outlook. He said that despite slight revenue declines, the Postal Service achieved a net income of USD259 million in Quarter 3 on revenues of USD16.6 billion. Productivity gains of 1.8 per cent were achieved by managing costs and employee complement.

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USPS/GLS: another right Royal Mail mess

Posted by | Jul 20, 2004 | |

United States Postal Service based its decision not to renew its contract with General Logistics Systems, which is owned by Royal Mail, on service and fee complaints by its customers. The new contract will go to Deutsche Post and, indirectly, the switch represents yet another blow for Royal Mail.

United States Postal Service (USPS) will not be renewing its contract with German-based delivery company General Logistics Systems (GLS) for package deliveries in 23 European countries, although the contract will continue to be in place until December 24, 2004, when it expires.

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USPS ends contract with German GLS

Posted by | Jul 19, 2004 | |

United States Postal Service has not renewed its contract with General Logistics Systems (GLS), the German postal service operator which is controlled by UK-based postal service operator Royal Mail, but has opted to co-operate with Deutsche Post, Germany’s leading postal service operator. At present, GLS has an exclusive licence with USPS for the distribution of private parcels in 23 European countries. In future, Deutsche Post, Germany’s former postal monopoly, will hold the exclusive licence for these services.

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Mexican Sepomex and USPS sign new Security Protocol

Posted by | Jul 13, 2004 | |

The Mexican Postal Service (Sepomex) and the United States Postal Service (USPS), the largest mail system in the world, will sign on Wednesday the so-called “Mexico City Postal Security Protocol” agreement, reported Gustavo Islas, director of Sepomex.

This will increase the volume of mail and packages that both countries receive, and will be largely to the benefit of those Mexicans that live in the United States, stated Islas. “The protocol consists of boosting the security measures to safeguard postal service integrity, quality and control,” explained the official.

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USPS research shows direct mail drives online sales

Posted by | Jul 12, 2004 | |

The US Postal Service today unveiled the key findings of an independent study showing a positive relationship between Direct Mail and Internet sales. “The Multi-Channel Catalog Study” demonstrates that catalogs drive Internet sales and benefit retailers by enhancing business growth. Among other findings, the study revealed that 15 percent of consumers who receive a catalog and visit the cataloger’s web site make an online purchase. The study was conducted for the Postal Service by comScore Networks, Inc.

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