Postal rate increase to aid vets' pensions (?)
The strangest explanation for the rate increase we've seen so far: 'Postal rates are going up 5.4 percent on Jan. 8 as a result of a law that will raise money for military pensions, a U.S. Postal Service official explained Thursday.' Topeka Capitol-Journal
USPS releases November Financials
'Total Mail Volume for November, FY 2006 was 111 million pieces or 0.6% over Same Period Last Year (SPLY). First-Class Mail volume was 323 million pieces or 3.8% under SPLY, while Standard Mail volumes at 455 million pieces or 5.0% over SPLY, continue to be positive primarily because of the increasing strength of direct marketing channels.
Year-to-date, Total Mail Volume is 1.5% or 571 million pieces under SPLY. YTD, First-Class Mail volume is 3.7% less than SPLY generating $252 million or 4.1% less revenue than SPLY.'
This Christmas, don't forget your mailman
"Some employers discourage tipping, especially with cash. 'Don't tip the mailman,' said Joseph Breckenridge, a spokesman for the U.S. Postal Service. 'He's got a good job, makes a good living.'"
Seizing the Opportunity to Discuss Network Realignment is a Good Strategy
Postcom's Kate Muth notes that USPS CFO Dick Strasser used his post-BOG press briefing last week to talk about possible plant consolidations, and the financial justifications for them, and concludes that 'if the USPS decides to employ this communications strategy regularly, a better understanding of the network realignment plans should take hold in the public's consciousness' Postcom.org
'Ask President Burrus'- Pay for Performance
On the APWU web site, President Bill Burrus answers questions posed by members. Today he talks about retirement annuities and 'Pay for Performance'. His comment on PFP is interesting regardless of which side of the fence you happen to be on:
'Performance pay invites favoritism and inserts subjective analysis into the pay system. We do not envy EAS employees and supervisors who are paid on the basis of their perceived performance. On occasion they receive more than APWU employees; but over an extended period, our negotiated increases, including cost-of-living adjustments, far exceed those received by employees covered by performance-pay plans, and we are not subject to evaluation by managers.'
Katrina VER Information
NAPUS has posted information on the Voluntary Early Retirement (VER) opportunity for employees in the Louisiana District, and the 395 ZIP area of the Mississippi District.
Stamp for higher postal rate debuts
The Postal Service will begin selling a new 39-cent stamp portraying the Statue of Liberty and the American flag today to be used when the postal rate hike goes into effect Jan. 8. Associated PressComment
USPS Financial and Operating Statements released
More financial data- this is the regular financial summary, adding some additional details. Some interesting items: more than two thirds of the $964 million revenue increase ($660 million) occurred in one month- November 2004. Also: divide the increase in revenue by the increase in volume, and you'll find that each additional piece of mail netted the USPS just 14 cents of added revenue.
USPS Fourth Quarter Stats Released: Standard Mail Outnumbers First Class
Fourth quarter statistics posted on the USPS web site show standard mail overtaking first class for the fiscal year that ended September 30. First class mail was almost unchanged from the prior year, at about 98 billion pieces, while standard mail increased 5.6% (or 5.4 billion pieces) to just under 101 billion pieces.
For others, though, bulk mail... serves as the lifeblood to a sound business... If that mail isn't delivered, or received, on time, the money invested in the printing, designing and packaging is a waste, and the customer never comes through the doors.
Protecting Parcel Post
"Regrettably, it appears that there currently may be a policy which is intended to make Parcel Post 'invisible' to patrons."
Letter from Ralph Nader to USPS PMG Jack Potter