Key Notes – Volume 03 Number 46

Postal Service Reports $5.6 Billion Loss for Fiscal 2016 – The U.S. Postal Service, having faced years of financial hardship, posted a $5.6 billion net loss for fiscal 2016, despite an increase in revenue this year.  USPS reported $610 million in controllable income this year, …

U.S. Postal Service Reports Fiscal Year 2016 Results

November 15, 2016

  • Net loss of $5.6 billion, driven by mandated retiree health benefits expenses
    • Controllable income of $610 million
    • Continued double-digit growth in revenue and volume in the Shipping and Packages business
    • Enactment of postal reform legislation remains urgently needed

WASHINGTON — After accounting for a $5.8 billion retiree health benefit prefunding obligation, the U.S. Postal Service posted …

Key Notes – Volume 03 Number 45

Keep on Truckin’ – The American economy runs on trucks, but the trucking industry faces a projected shortage of 46,000 drivers in the next 3 years.  The Office of Inspector General USPS new blog post talks about the challenge this poses to Postal Service, which relies on highway contract route (HCR) drivers to move mail. …

Key Notes – Volume 03 Number 44

Names (and Prices) They Are-a-Changin’ – At one time, it was called Third-Class Mail. Today, it’s known as Standard Mail. In 2017, it will be called (USPS) Marketing Mail. The U.S. Postal Service has proposed a name change for Standard Mail to better signal to customers that this mail is used primarily to market a …

No Cold and Flu for You!

Each cold and flu season, nearly 111 million workdays are lost due to the flu alone in the U.S. As a result, businesses lose approximately $7 billion in sick days and lost productivity every year.

The culprit? Germs. What’s a proven way to reduce germ transmission around the office? Proper hand hygiene.

When you consider …