The U.S. Postal Service plans to request a postage rate increase of at least 10 percent in October 2004. The Federal Times reported Wednesday that Deputy Postmaster General John Nolan told an audience Tuesday at the National Postal Forum in Kansas City that the Postal Service will apply for the rate increase, which likely would take effect a year later in October 2005.
Read MoreSiemens Diematic, the logistics technology division of engineering giant Siemens, said Tuesday it has won a USD127 million (€113 million) contract to supply letter sorting technology to the US Postal Service (USPS).
The contract covers the supply of an automated tray handling system to complement the sorting machines already supplied by Diematic to USPS, Siemens said in a statement.
Read MoreShare of domestic U.S. overnight air express and ground parcel markets among top competitors in second quarter, 2003.
Read MoreRGC Communications and the United States Postal Service have announced the formation of their partnership for the continuation and development of the next generation of NetPost Mailing Online. Mailing Online, the Postal Service’s first online printing and mailing service, offers businesses, approved non-profit organizations and consumers alike the ability to easily create and send post cards and letters at discounted postage rates. Over 10,000 people have used the service since its inception.
Read MoreMichael J. Critelli, chairman and CEO of Pitney Bowes Inc, stated that in the future, the mail stream would provide higher value to business, while becoming more affordable, accessible, information-rich and secure.
During a presentation hosted by the Prudential Equity Group, Critelli also cited a recent report by the bi-partisan commission on the U.S. Postal Service established by President Bush that “validates Pitney Bowes’ vision about the on-going importance of mail in American life and commerce, and the application of technology to make it even more valuable in the future.”
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