Tag: USPS

DMA: USPS Rate Hike Will Damage Economy

Posted by | Sep 25, 2001 | |

The DMA Says Proposed $6.1 Billion Rate Hike Will Further Damage the Economy;
Congress Must Enact Sweeping Reform to Allow the USPS to Survive

NEW YORK, Sept. 24 /PRNewswire/ — The Direct Marketing Association (The
DMA) has voiced grave concerns over the timing and size of the postal rate
increase request that was filed today with the independent Postal Rate
Commission (PRC). The United States Postal Service (USPS) Board of Governors
(BOG) filed a rate case today with the PRC, seeking a $6.1 billion hike in
postage rates across the board. This proposed increase is in addition to the
$3 billion in hikes that the Postal Service has implemented since January
2001.

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USPS deal gives Lynx massive parcel boost

Posted by | Sep 17, 2001 | |

Lynx Express expects to send 20,000 parcels a month to the US following its tie-up with the US Postal Service (USPS). A jointly branded service, pitched 40% below integrators’ rates and about 15-20% below typical wholesale deferred rates, goes live a…

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USPS to reclassify mail

Posted by | Sep 15, 2001 | |

IF MAILERS THOUGHT they had the ins and outs of postal rate categories and preparation nailed down, they may need to think again. The U.S. Postal Service plans to implement a reclassification by the summer 2004.

Postal officials say the reclassification–which they’re calling a product redesign–will lead to increased volumes and revenue as the service faces back-to-back deficits of between $1 billion and $3 billion over the next two years.

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POSTAL SERVICE PROPOSES CHANGE IN POSTAGE RATES

Posted by | Sep 11, 2001 | |

Aggressive Cost Cutting Results In Lower Than Projected Request.
The Board of Governors of the Postal Service said today they will propose a three-cent increase in the price of a First-Class stamp as part of an overall rate increase request, which is less than 9 percent. The request will be formally submitted to the Postal Rate Commission later this month and is well below initial predictions of 10 to15 percent. For the past 30 years, the price of stamps have tracked the Consumer Price Index

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