USPS Accounting Period 4 Financial Result information
According to the U.S. Postal Service’s financial data, accounting period four (AP4) for fiscal 2002 was far from sterling.
Read MoreTag: USPS
German Parcel delivers parcels from US
German Parcel, the German subsidiary of UK postal operator Consignia, and the national partner businesses in the General Parcel group will deliver parcels from the US to Europe with immediate effect following an agreement between Consignia and the United States Postal Service (USPS).
Read MoreUS Postal Service's Volume & income plunge
The terrorist attacks and the slipping economy combined to cause the biggest drop in mail volume in more than 30 years, the Postal Service reported yesterday. In the first quarter of its fiscal year — Sept. 8 to Nov. 30 — mail volume was 2.8 billion items below the same period last year.
Read MoreUSPS to use single carrier in Europe
The U.S. Postal Service announced Wednesday it will use a subsidiary of the British post office to deliver Express Mail and air parcels throughout Europe.
The deal involves packages designated for delivery in either four or six days to 23 European countries, post office vice president James P. Wade said. The new deal is between the post office and General Logistic Systems, a subsidiary of Consignia, which is the new name adopted by the British post office.
Read MoreConsignia signs key deal with US Postal Service
Consignia will today announce a key contract with the US Postal Service to handle all its airborne parcels from the US to Europe. The deal will mean that all US airborne packages will go through Consignia’s network of European parcel companies, starting at its hub in Amsterdam, rather than going to individual countries
Read MorePost & Parcel Magazine
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.