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FedEx is top supplier to United States Postal Service in 2015

March 01, 2016 09:00 AM

Federal Express Corp. may have seen its postal revenues drop by three percent in the fiscal year ended Sept. 30, but its tab of almost $1.4 billion for carrying mail still was enough to make it the United States Postal Service’s top supplier in fiscal 2015. The Memphis-based carrier has held the top position as the leading postal supplier since 2002.

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USPS under fire over controversial product, Upright Jenny pane sells at auction: Week's Most Read

February 26, 2016 08:45 AM

Also this week, we profiled a stamp-hobby search engine, explained the rare-but-expected drop in cost of sending a first-class letter, and sought to find out exactly what S-D Day is.

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Cost of first-class letter to drop to 47¢ effective April 10

February 25, 2016 06:38 PM

A rare drop in postal prices will become effective Sunday, April 10, the United States Postal Service announced Feb. 25. The decrease, which results from the expiration of a temporary rate increase ordered in late 2013, had been widely anticipated. It will be only the third time that there has been “a general reduction in postage rates,” according to the Alliance of Nonprofit Mailers.

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Postmark celebrates Grammy Museum grand opening

February 25, 2016 07:37 AM

March 5 was the grand opening date for the Grammy Museum at Delta State University in Cleveland, Miss. The 27,000-square-foot facility is being described as the world’s most technologically advanced music museum.

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Should mail-in ballot postage be paid by the state?: Linn’s Buzz

February 24, 2016 11:22 AM

The Oregonian is reporting that the Senate Rules Committee last week approved a bill that will put the burden of paying for ballot-return postage solely on the state.

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Postal Service sales of imperforate uncut press sheets come under fire

February 23, 2016 03:08 PM

For the revenue hungry United States Postal Service, they seemed like the perfect product. Produced with virtually no added costs, press sheets of imperforate self-adhesive stamps were hot sellers from the moment the first sheets went on sale in July 2012 with the issuance of the Major League Baseball All-Stars stamps. But barely four years later, sales of the sheets have become mired in controversy.

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Obama's USPS budget DOA, Nixon shows up on postmark: Week's Most Read

February 22, 2016 10:04 AM

Also this week, readers learned about the new Linn's Stamp News digital edition platform, a Moon global forever stamp was announced, and a Linn's contributor recalled his experience at the first-day ceremony for the latest Lunar New Year stamp.

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Obama 2017 budget plan for U.S. Postal Service likely dead on arrival

February 12, 2016 12:40 AM

When President Barack Obama submitted his final federal budget to Congress Feb. 9, it was pronounced DOA — dead on arrival — by many. Little noticed among the myriad proposals was the president’s plans for the troubled United States Postal Service.

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USPS posted $1.3 billion first-quarter profit, 10¢ stamp only available for $50: Week's Most Read

February 11, 2016 02:43 PM

Also this week, the USPS made public how it would cut stamp prices if its plea to retain emergency rate increases continues to be rejected, and a spectacular and seldom-seen error went for a six-figure price.

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U.S. Postal Service reports $1.3 billion profit in first quarter

February 09, 2016 11:11 AM

Helped by a surge of Christmas parcels, the United States Postal Service reported an operating profit of $1.3 billion in the first quarter of fiscal 2016, which ended Dec. 31, 2015. That compares to a $1.1 billion operating profit during the same period of fiscal 2015 (Oct. 1, 2014, to Dec. 31, 2014).

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End to emergency rate increase could drop first-class stamp to 47¢

February 05, 2016 03:26 PM

When the Senate Homeland Security Committee got around to holding a hearing on the future of the United States Postal Service on Jan. 21, Postmaster General Megan Brennan spoke of a “broad consensus” that could resolve the Postal Service’s financial woes.
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