The United States Postal Service will be raising the prices of First Class Mail beginning January 22, 2012. The cost of mailing a letter will raise $0.01 (one penny) to $0.45. Additional ounces will remain at $0.20. The overall average price increase across all mailing services is capped by law at 2.1 percent. The new prices were […]
Provide Postal Service financial relief and undertake reform. The Administration recognizes the enormous value of the Postal Service (USPS) to the Nation’s commerce and communications, as well as the urgent need for reform to ensure its future viability. USPS faces a long-term, structural operating deficit that has been exacerbated by the precipitous drop in mail […]
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WASHINGTON — The U.S. Postal Service will resume accepting mail for Canada starting Tuesday, June 28, as a result of legislation passed yesterday by the Canadian government requiring Canada Post employees to return to work tonight. Mail that was held in the U.S. Postal Service network since the work stoppage began is being released today […]
Due to the expectation by Canada Post officials that the strike by the Canadian Union of Postal Workers will last until at least sometime next week, USPS will suspend accepting mail destined to Canada — effective Saturday, June 18, 2011, 11:59 p.m. CDT — with the exception of Global Express Guaranteed (GXG) shipments. “As a […]
eBay told sellers it would begin charging fees on Shipping & Handling charges starting July 6th – currently the Final Value Fee applies only to the selling price. But what happens beginning in July if customers overpay for shipping when ordering multiple items in one transaction? Will eBay refund FVFs for S&H overcharges for sellers […]
In a move geared to further compete with FedEx and UPS, the United States Postal Service has added two new services: Adult Signature Required and Adult Signature Restricted Delivery. These new services are meant to be used when a packages need to be received by an adult over 21 years of age. The two services […]
In testimony to a Senate subcommittee Tuesday, Postmaster General Patrick Donahoe said that without Congressional action, they would default on their future retiree health benefits. “As things stand, we do not have the cash to make a $5.5 billion prepayment for future retiree health benefits due September 30,” Donahoe said. It was only 2 months ago when […]
The U.S. Postal Service is offering a $20,000 early retirement incentive to eligible employees in its bid to slash 7,500 positions, and it also is closing seven district offices, the agency announced Thursday. The buyout offer will be available to career non-bargaining employees in targeted groups at USPS headquarters, headquarters-related field units, area offices and […]
The United States Postal Service is operating at a huge loss. Competition from email and the other carriers has forced their hand. They have been looking into a five day delivery week for some time now and it seems the Postmaster General is on board. Postmaster General Patrick Donahoe issued the following statement today.