BREAKING NEWS – The mailing industry is one step closer to the exigent rollback and seeing postage rates reduced. The Postal Service posted the adjusted pricing files on their Postal Explorer webpage with the following statement: “Absent Congressional or Court action to make the existing exigent surcharge for Market Dominant Products and Services part of the rate base or to otherwise extend it, the Postal Service will be providing notice to the Postal Regulatory Commission of the adjusted prices that are contained in the pricing files. The Postal Service intends to provide such notice of the adjusted prices to the Commission 45 days before it is anticipated that the exigent surcharge revenue target will be reached.”
Mailing industry organizations outline objections to iPost bill – Thirty-six organizations involved in the mailing industry released a letter in opposition to Senator Tom Carper’s iPost bill, arguing that “a solution to the Postal Service’s financial challenges that forestalls network rationalizing cost-savings measures is not a long-lasting solution at all”. The letter outlined the group’s support for the USPS, but emphasized their objections to making permanent the exigency rate: “Our organizations remain committed to the Postal Service and its long-term viability. Mail continues to be the lifeblood of many businesses and nonprofits, and each of our organizations stands at the ready to work with Congress and the Postal Service to help solve the complex issues facing the organization today. Click here to view a statement from the 36 organizations and the full text of the letter they sent to Senator Johnson. Source: Post & Parcel
Did You Know … Fascinating Printing Facts – Perhaps not questions that will come up the next time you play “Trivial Pursuit,” but here are some interesting and unusual printing-related historical facts that demonstrate just how an important and transformative role printing has played throughout the ages. For example, the largest catalog printed was more than 2.5˝ thick? In January 2005, Aviall Services released its “Product and Catalog Book,” which contains 2,656 pages and weighs 7.4 lbs. Click here to see other interesting printing facts. Source: Printing Impressions
78 New Magazines Hit the Marketplace – A total of 78 new titles joined the festivities, with 20 of those promising frequency. The bookazines once again made a strong footprint through the days of January and the topics were as niche and targeted as ever before, from “Skinny One Pan Recipes,” to “Unlocking the Bible’s Secrets;” it was a mixed bag of fun and information, proving that even winter’s doldrums could be livened up with the right content. Source: Mr. Magazine
Postal Reform is Not ‘Moribund’ – A recent editorial “Retreat on postal reform” deployed such terms as “desperate,” “grim” and “moribund.” And it sounded downright angry in accusing lawmakers who reject proposals to slash postal services of capitulation. In fact, there is a growing recognition that with postal finances on the upswing, degrading the network would be counterintuitive and counterproductive. The emerging consensus on postal reform addresses the challenges without breaking what works, so the USPS can continue providing the industrial world’s most affordable delivery network. Source: Washington Post
PRC Looking for Answers on USPS Flats Costs – The acting Chairman of the Postal Regulatory Commission filed an information request pertaining to the 2015 USPS Annual Compliance Report. One of the key requests involves flat-size mail cost coverage and the Flats Sequencing System (FSS). The original USPS justification indicated that under FSS processing, mail processing costs were likely to increase while delivery costs would decrease. Yet delivery costs for Standard Mail Flats rose over 8 percent from FY 2013 to FY 2014 while at the same time, mail processing costs for Standard Mail Flats rose almost 9 percent. Source: PRC
The New Dynamics of Commercial Printing: 2016 – According to a report by Dr. Joe Webb and Richard Romano commercial printers had a positive 2015, with many increasing sales revenues by +10% and more. Printers are very bullish about 2016, almost alarmingly so, a topic explored by the authors. “You’d have to go back to the late 1990s to find such high levels of optimism in the printing industry,” said Dr. Joe Webb. Source: What They Think
Veritiv Joins Association for the Advancement of Sustainability in Higher Education – The parent company of Graphic Communications, Veritiv Corporation (NYSE: VRTV) — a North American leader in business-to-business distribution solutions – has recently become a member of the Association for the Advancement of Sustainability in Higher Education (AASHE), a North American association of colleges and universities working to create a sustainable world. Through its membership in AASHE, Veritiv will be able to better understand and assist higher education institutions in advancing their sustainability initiatives.