The U.S. Postal Service said Tuesday that it will eliminate 10,000 more jobs this fiscal year, on top of the 15,000 positions it has cut in the last six months. Facing a projected deficit of more than $3 billion in the 2002 fiscal year, which will end Sept. 30, the Postal Service developed a reorganization plan and asked Congress to let it raise rates faster and give discounts to large mailers.
Read MoreThe U.S. Postal Service is conducting a pilot program designed to make it easier for retailers in malls to ship packages to customers via the USPS. In the program, postal carriers pick up packages from retailers at the end of the day. Currently, postal carriers only drop off mail in the morning and do not pick up outgoing packages.
Read MoreExcept for the attorneys and economists whose services are much in demand, rate cases are by definition not a happy time.
However, for those doggedly interested in poring through the reams of interrogatories and responses it can be a treasure trove of interesting information. As one who usually skims through the data, I did I glance upon a number of tidbits that we all might find of interest.
The Postal Services arrangement with Consignia, in which the British post’s subsidiary delivers all USPS air packages throughout Europe. is off to a rocky start.
Businesses using USPS international services to send packages to Europe are complaining that their customers are getting hit with major duties and fees upon delivery of the packages. Many customers are refusing the packages. meaning they never reach their final destination, in addition. customers in Sweden were complaming in late January that they were still w aiting on Christmas packages. Sweden Post officials were worried the packages were hung up somewhere. Perhaps in Germany — the single entry point to Europe under the arrangement with Consignia.
UPS and FedEx have announced rate increases averaging 3.5% for air and ground shipments. Furthermore, The U.S. Postal Service increased rates for international periodicals last month 3% to 5%.
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