Study says lack of postal reform would be bad for federal budget
'In contrast with the critics of postal reform who have charged that the proposed postal reform legislation would increase the deficit by as much as $1 billion per year, this new analysis shows that not passing postal reform could result in a loss of tax revenues in the $2 billion to $3 billion range.'
Institute for Postal Studies of the Envelope Manufacturers Association's Foundation
Comment
USPS Issues October, November Financials
'Year- to- date, Total Mail Volume is 7.5% or 2.7 billion pieces above SPLY. The most significant mail volume increase above SPLY for November FY 2005 YTD is in the lower revenue- per- piece Standard Mail category, which increased 2.0 billion pieces or 11.4%. YTD, First- Class Mail volume is 4.0% more than SPLY, generating $139 million or 2.3% more revenue than SPLY.
Total workhours for November, 2004 YTD are 2.4 million hours or 1.0% above SPLY. This increase in workhours is a reflection of the growth in mail volumes. YTD, the largest contributors to the workhours growth to SPLY were in City Delivery and Rural Delivery workhours. Combined, these operations were 3.5 million hours above SPLY.'
USPS web site
Comment
NAPS President Vincent Palladino Dies
'It is with profound regret and deep sorrow that we announce the passing of President Vincent Palladino. Vince passed away suddenly this morning, December 20, 2004, at his home in Arlington, VA.'
NAPS web site
NAPS has also announced that calling hours will be from 2-4 and 7-9 PM on Wednesday and Thursday at Colonial Funeral Home, 2819 Hylan Blvd, Staten Island, NY. A Mass of Christian Burial will be held at St Mary's Church, 1101 Bay St., Staten Island, with burial to follow at Moravian Cemetary.
Is History Repeating Itself?
'In the mid-1980s and early 1990s, the nation experienced extraordinary budget deficits... The Presidents of that era, Reagan and George H.W. Bush, in concert with a Democratic controlled House enacted legislation that had a devastating affect on the USPS... Currently, the postal community fears that history is about to repeat itself... The question is: Will deficit reduction hold postal reform hostage?'
NAPUS Legislative Newsletter
Comment
'Postal Plus' really wasn't...
Some Kingman area postal customers were left high and dry recently when some 300 packages were not shipped from a local business.
Kingman (ID) Daily Miner
Comment
USPS issues final RPW reports for FY 2004
First class mail was down 1.1% for the year, while standard was up by 5.2%. There was almost as much Standard Mail (95.6 billion pieces) as First Class (97.9 billion) in the system for the year. Express Mail dropped 3.1%, Priority was down 1.3%. Package services were about the same as the prior year. Overall, domestic mail revenue increased by $59 million, on a volume increase of 3.9 billion pieces, or about a penny and a half revenue for each additional piece of mail.
Comment
Rate hike impacts would be far-reaching
'The postal service is big business,' said Maynard Benjamin, president and CEO of the Envelope Manufacturers Association (EMA). 'It is 7 percent of the GNP and it accounts for 9 million jobs. Now we want to put 1.6 million jobs at risk because we want the rate payer to fund things not directly related to postal service.'
Chicago Business Ledger
Comment
NAPUS Legislative Newsletter
The E-NAPUS Legislative Newsletter includes a concise discussion of postal cost allocation- sounds boring, but it's critical for the USPS and its customers.
NAPUS web site (Adobe .pdf file)
Comment