Tag: USPS

More Mail, Fewer Airlines

The U.S. Postal Service is tossing out the decades-old contract it has with the passenger airlines to carry mail and coming up with a whole new way of doling out mail volume. Gone will be the familiar but worn ASYS (air system) and ASYS-R (air system-regional) contracts that have governed the financial relationship between the passenger airlines and their top cargo customer for the last few decades. The contracts still are in effect but the goal is to have new contractual language in place by May when the extension on the 2001 contracts expires.

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Postal Service Says its Trying to Re-distribute Fedex Mail Load

Since the Sept. 11 terrorist attacks, the amount of U.S. mail carried by FedEx Express has nearly doubled and service has improved, but the Postal Service continues to work to get mail back on commercial airlines. This means trucks are carrying 50 percent of the mail volume, while FedEx and commercial airlines evenly split the remainder. However, since the terrorist attacks, security concerns have restricted the cargo that airlines can carry, including mail.

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USPS Postmaster Potter says next rate hike will be "well into" 2004

With the United States Postal Service predicting a $600M profit for FY2003 and Postmaster General John Potter saying that the next postal increase will not be implemented until “well into”

With the United States Postal Service predicting a $600M profit for FY2003 and Postmaster General John Potter saying that the next postal increase

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Time Inc. Speaker Says USPS in Decline

The U.S. Postal Service is entering a death spiral of declining revenue, rising expenses and rapidly escalating rates, attendees of the New England Mail Order Association Fall 2002 Conference were told yesterday. Jim O’Brien, director of distribution & postal affairs at Time Inc., New York, delivered the sobering thought at the postal reform session.

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US Post Office Continues to Cut Costs

The US Postal Service is continuing its program of cost-cutting and is searching for new products to offer, Postmaster General John Potter said Friday. Potter said his agency is considering consolidating some of the approximately 300 mail processing centers across the country because improved efficiency and lower mail volume means some are underused.

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