Ron Stroman, Deputy Postmaster General of the USPS, maintains a firm belief that postal reform can be enacted by Congress in the coming months.
The DPGM talks about the chances a 4.3% exigent rate increase will take effect, and what mailers can do to forestall it.
That was the loud and clear subtext of yesterday's postal reform hearings on Capitol Hill.
In responding to a question from Sen. Tom Carper about price inelasticity of postal rates shown in a study by the office of the Postal Inspector General, PRC Chairman Ruth Goldway responded with a terse summation of the challenge facing Congress in crafting postal reform. We present it in its entirety.
The coauthor of the Postal Reform Act tells mailers that above-inflation increases are necessary for the U.S. Postal Service to stay competitive.
The USPS has problems. Direct mailers have questions. Who better, we reasoned, to answer them than the Postmaster General?
The fight for postal reform continues, and hope springs eternal.
With revenues ticking up slightly, the Postmaster General and his CFO say reform could make the Postal Service profitable again.
Concerning the future of the USPS, one thing is abundantly clear: It is going to change, sooner rather than later, and in significant fashion.
The coauthor of last year's failed bill tells a postal conference to expect passage of a bipartisan act this summer.
Bulk mailers can now feel free to set their summer and fall delivery schedules, but worries fester over a looming rate increase.
The embattled U.S. Postal Service (USPS) is continuing its struggle to stay in the black, but the five-month moratorium on facilities closures may end more than a month before the Postal Regulatory Commission (PRC) releases an advisory opinion on its streamlining plans.
The U.S. Postal Service (USPS) has been granted permission by the Postal Regulatory Commission (PRC) to allow direct mailers to pay postage via credit rather than requiring prepayment, said PRC chairman Ruth Goldway on Jan. 6. The new rules went into effect Jan. 5.
U.S. Postal Service facility closures, a steep decline in overnight delivery of First-Class Mail and the reduction of work staff and equipment creates a growing need for mail tracking.
A postal reform bill was introduced in the U.S. Senate on Sept. 23, seeking to help the ailing U.S. Postal Service (USPS) with the establishment of two new control boards. One would oversee a kind of receivership for the USPS if it defaults on any of its government payments and the other is intended to prevent politics from influencing plans to reduce the USPS processing infrastructure.
Postmaster General Patrick Donahoe said Monday that he had to nudge his in-house and agency marketing team towards the ad campaign that the US Postal Service will use this fall to show off the effectiveness of mail as a marketing tool. "They said 'mail's not sexy,'" Donahoe told reporters at the National Postal Forum 2011 in San Diego on May 2.
The Postal Regulatory Commission said March 24 that the US Postal Service overestimated its potential savings and underestimated potential lost revenues in its proposal to move to five-day-per-week home delivery. The commission's five members issued varying opinions on the plan to cut Saturday delivery, which Congress is expected to debate this session.
Ruth Goldway, chairman of the Postal Regulatory Commission, sheds light on USPS's current challenges
The Postal Service said today that it would appeal the Postal Regulatory Commission's (PRC) September 30 ruling that denied the Postal Service's exigent price increase.
Catalog mailers and magazine publishers are bracing for sizable postage price increases in January 2011, when the US Postal Service expects to implement an "exigent" price increase on mailing services.
The US Postal Service's $1.6 billion net loss in the second quarter of its 2010 fiscal year was a year-over-year improvement of about $300 million. Despite beating agency forecasts for the quarter, the organization is on track to lose nearly $7 billion this fiscal year, which ends September 30.
Trade groups the Direct Marketing Association and the American Catalog Mailers Association pledged to work together on postal issues on March 11.
One of the questions that President Barack Obama tackled yesterday in a YouTube town hall regarded a theoretical privatization of the US Postal Service. His response: privatization of public services is "a bad idea most of the time."
The Postal Regulatory Commission wants to hear from members of the public about the US Postal Service's financial future. The group will hold a public forum on February 10 in Washington, DC, on the organization's business plan for the future.
The current system of funding the US Postal Service's Civil Service Retirement System pension responsibility has resulted in the agency overpaying $75 billion from 1972 to 2009 to its pension fund, according to the Postal Service's Office of Inspector General.
The US Postal Service has decided not to raise first-class rates for 2010. Four direct mail experts divulge their top recommendations for taking advantage of the break in rate increases.
Although the US Postal Service has promised to drive down its own spending, a report released this month by its own inspector general's office found that agency's employees spent $792,000 on meals and events without justification in late 2008 and the first half of 2009. The USPS disclosed a net loss of $3.8 billion for fiscal year 2009.
A coalition of postal, mailing and marketing groups launched a Web forum on December 1 to bolster discussion about the state of the US Postal Service and how the federal agency can maintain its relevance. The goals of PostalJournal.com are to explore the evolution of the USPS as part of the nation's economic and communications infrastructure and to create an exchange of ideas about the industry.
The US Postal Service floated a trial balloon this week about possibly selling advertising space on the sides of its trucks. Yet the USPS' Inspector General's Office acknowledged a number of potential roadblocks in a blog post on the issue.
The president of the National Association of Letter Carriers has urged Congress to take up a long-term fix for the US Postal Service's retiree funding issues. The agency had been charged with spending $5.4 billion on payments to the fund this year.
Company of the week
As the leading source for direct marketing youth data, alloyASL connects your brand to consumers with extensive and unparalleled industry expertise in data content, aggregation and analytics of the youth, young adult and student demographics.
Retailers' Thanksgiving Day sales pitches came in heavy via email.
Key passages from the mailing industry's anti-exigency appeal to the Postal Regulatory Commission.
The fast casual restaurant chain relies on digital to drive in-store traffic and sales for its seasonal menu.