newsFedEx is top supplier to United States Postal Service in 2015
March 01, 2016 09:00 AMFederal 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.
newsUSPS under fire over controversial product, Upright Jenny pane sells at auction: Week's Most Read
February 26, 2016 08:45 AMAlso 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.
newsCost of first-class letter to drop to 47¢ effective April 10
February 25, 2016 06:38 PMA 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.
newsPostal Service sales of imperforate uncut press sheets come under fire
February 23, 2016 03:08 PMFor 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.
newsObama's USPS budget DOA, Nixon shows up on postmark: Week's Most Read
February 22, 2016 10:04 AMAlso 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.
newsObama 2017 budget plan for U.S. Postal Service likely dead on arrival
February 12, 2016 12:40 AMWhen 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.
newsUSPS posted $1.3 billion first-quarter profit, 10¢ stamp only available for $50: Week's Most Read
February 11, 2016 02:43 PMAlso 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.
newsU.S. Postal Service reports $1.3 billion profit in first quarter
February 09, 2016 11:11 AMHelped 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).
newsEnd to emergency rate increase could drop first-class stamp to 47¢
February 05, 2016 03:26 PMWhen 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.