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 US Postal Service

USPS to cut next-day delivery for first-class mail

, Melissa Hoffmann December 05, 2011

As part of a previously announced $3 billion cost-savings initiative, the U.S. Postal Service (USPS) is moving forward with plans to change delivery standards for first-class mail, the organization said on Dec. 5. The cuts would eliminate next-day delivery for first-class mail and periodicals.
 

USPS finishes fiscal year with $5.1 billion net loss

November 16, 2011

The U.S. Postal Service (USPS) closed the 2011 fiscal year with a $5.1 billion net loss, the government agency said on Nov. 15. Last fiscal year USPS posted an $8.5 billion net loss, the largest loss in its history.
 

Marketers forge through dire times for US Postal Service

October 01, 2011

Although the headlines about the US Postal Service staring into a financial abyss are disturbing, many marketers who use the mail are relatively unperturbed.
 

Mailers must back postal cuts

Hamilton Davison, president and executive director, American Catalog Mailers Association October 01, 2011

The fur is flying and everyone is yammering now that the US Postal Service is taking steps to rationalize its network. In August, USPS served public notice of its intent to close underperforming retail 
locations.
 

Postal Service to integrate with PayPal in October, launch TV campaign this month

September 15, 2011

The U.S. Postal Service will let consumers make purchases on USPS.com with PayPal beginning next month. The organization will also streamline users' site accounts into one umbrella login and make site pages available in Chinese and Spanish.
 

Postal Service weighs infrastructure cuts

September 15, 2011

The U.S. Postal Service said Sept. 15 that it is considering cutting its processing-facilities network by more than half and adjusting service standards to save up to $3 billion a year. However, the USPS also said the changes would also result in longer processing and delivery times for the mail.
 

Donahoe asks Congress to solve crisis

September 06, 2011

Postmaster General and CEO Patrick Donahoe told a Senate committee September 6 that the US Postal Service is "in a crisis" and will default on a $5.5 billion payment to the federal government if Congress does not enact legislation this month changing its business model.
 

Postal Service pitches local direct mail service to small businesses

August 24, 2011

The US Postal Service is letting small businesses know that they can reach neighborhoods or ZIP codes without putting consumers' names on the front of the envelope.
 

Postal Service asks Congress for permission to eliminate 220K jobs, fix benefits payments

August 12, 2011

The US Postal Service has asked Congress to allow it to cut about 220,000 positions by 2015, bringing its total workforce to 425,000. The move would decrease the USPS' employee costs by 30%, the Postal Service said.
 

Postal Service net loss plummets to $3.1 billion

August 05, 2011

The US Postal Service continued its downward spiral on Aug. 5, with the agency reporting a net loss of $3.1 billion for the third quarter of its 2011 fiscal year. The number is a slight improvement compared with the same period in 2010, when the USPS posted a $3.5 billion net loss, but the agency said that "absent substantial legislative change" it will default on payments owed to the federal government.
 

Postal Service to review 3,600 post offices in consolidation

July 26, 2011

The US Postal Service said July 26 that it is studying the consolidation of as many as 3,700 post offices as it adjusts the size of its retail network.
 

Issa unveils comprehensive postal reform bill

June 23, 2011

US Rep. Darrell Issa (R-Calif.) introduced a sweeping postal reform bill June 23 that would create new oversight bodies to help the US Postal Service restore financial stability. The bill would also allow the USPS to move to five-day home delivery, close retail locations as it sees fit, and sell advertising on facilities and vehicles. Issa estimated that the changes included in the bill would save the USPS at least $6 billion a year.
 

Postal Service suspends benefits payments to save $800M in FY 2011

June 22, 2011

The US Postal Service said June 22 that it will suspend its benefits contributions to the Federal Employees Retirement System (FERS) to preserve liquidity through the rest of its fiscal year. The Postal Service said it expects to save about $800 million by the September 30 close of its 2011 fiscal year.
 

Postal Service needs more digital, less regulation: PostalVision 2020

June 15, 2011

Postal industry stakeholders said June 15 that digital technologies must be a part of the US Postal Service's future, and that the organization has been burdened by government regulations.
 

Creative thinking on the Postal Service's financial problems

June 15, 2011

Two things that the PostalVision 2020 conference is not lacking are industry soul searching and out-of-the-box thinking.
 

Postal Service must find market opportunities: PostalVision 2020

June 15, 2011

Jeff Jarvis, author and associate professor at the CUNY Graduate School of Journalism, said the US Postal Service must look for consumer needs that the private sector does not meet in order to survive. The author of What Would Google Do? told attendees of the PostalVision 2020 conference in Arlington, Va. on June 15 that the USPS must adopt an entrepreneurial attitude as personal letters, business mail and First Class volume fade away in coming years.
 

Postal Service questions PRC report on five-day delivery savings

June 13, 2011

The US Postal Service defended internal research that found it would save $3.1 billion per year by eliminating Saturday home delivery, calling into question the Postal Regulatory Commission's research that found it would only save $1.7 billion by doing so. PRC chairman Ruth Goldway also said the USPS declined to meet with the oversight body about the discrepancy in projections.
 

WaPo editorial touts five-day delivery

June 08, 2011

The US Postal Service received some support this week from The Washington Post's editorial board, which supported the proposed move to five-day home delivery as well as agency consolidation, in an editorial.
 

USPS plans discount for marketers using 2D barcodes

May 23, 2011

The US Postal Service will conduct a promotion this summer rewarding mailers for using two-dimensional barcodes on their marketing materials as part of the organization's larger initiative to attract advertisers to the mail. The promotion, scheduled for this July and August, will give mailers who use smartphone-friendly barcodes a 3% postage discount on qualifying Standard and First-Class mail letters, flats or cards.
 

Carper introduces postal reform bill

May 17, 2011

Sen. Tom Carper (D-Del.) introduced a bill May 17 that would allow the financially struggling US Postal Service to modernize its pension payments system, eliminate Saturday home delivery, and expand its services. The Postal Operations Sustainment and Transformation Act of 2011 would also give the USPS the ability to close post offices as it sees fit.
 

As Postal Service looks for large marketers, Chrysler to launch Jeep mail campaign

May 04, 2011

The US Postal Service has made no secret that it is trying to replace some of the revenue lost to First Class mail decreases with more marketing mail. One large marketer, Chrysler, will launch a major direct mail campaign this year to commemorate the 70th anniversary of the Jeep, Pat Donahoe, postmaster general, said at the National Postal Forum in San Diego this week.
 

USPS trying to make believers out of marketers, says PMG

May 02, 2011

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.
 

Postal Service to launch business-facing campaign this fall

May 02, 2011

The US Postal Service will launch a b-to-b marketing campaign in September to promote the mail as an effective marketing medium for businesses, said Postmaster General Patrick Donahoe at the National Postal Forum in San Diego on May 2. The organization is working with agency Campbell Ewald on the effort, which will include TV and direct mail components.
 

Smaller companies embrace USPS sampling

Amanda Green May 01, 2011

The financially struggling US Postal 
Service distributed its first round of "Sample Showcase" mailings last month, helping marketers reach a target audience of mothers in Austin, Texas, Chicago and Denver. Brand marketers reacted positively to the program's initial results.
 

USPS to lure big brands with postage-back guarantee

April 22, 2011

The US Postal Service will begin to test a postage-back guarantee next month for large marketers that agree to advertise their products through First-Class and Standard mail. The USPS will offer the "Mail Works Guarantee" to a group of companies that spend at least $250 million a year on advertising, beginning May 16, in its latest initiative to attract large advertisers.
 

Zappos switches up catalog strategy

April 20, 2011

Zappos.com, best known for its online shoe store, is expanding its presence in consumers' mailboxes.
 

Postal Service debuts product sampling service

March 30, 2011

The US Postal Service began a product sampling initiative this week, targeting more than 250,000 consumers in Chicago, Denver and Austin, Texas, as well as about 75,000 opted-in consumers across the country. Brands including Wisk, Starbucks and Nestle are distributing products through the "Sample Showcase" program at launch.
 

Postal Services loses more than $1.1B in February

March 28, 2011

The US Postal Service saw a net loss of more than $1.1 billion in February, when mail volume dropped 1.5% to fewer than 12.8 billion pieces. The USPS reported $5.1 billion in revenue for the month, a 1.5% decrease compared with the prior February.
 

Postal Service to cut 7,500 positions

March 24, 2011

The US Postal Service said March 24 that it will eliminate 7,500 positions in the next year as part of an effort to cut $750 million in costs. The USPS will cut the positions through a combination of buyouts, layoffs, and the elimination of some jobs.
 

Postal Regulatory Commission divided on five-day delivery

March 24, 2011

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.