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Digital ribbon printer introduced by JMP
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Print custom ribbon with the click of a mouse. Design and print silk ribbons to fit all of your customer's needs at a cost of pennies per foot. Ribbon width starts at 3/8 of an inch and can go up to 4 inches with endless length possible. Print 12 inches of ribbon every three seconds. Print a single ribbon or up to five ribbons simultaneously. Rotate text in any direction, import logos and clipart and save your designs for future use. Print the same setup repeatedly up to 999 times. More

Lawmakers inch closer to compromise over Postal Service rescue plan
The Hill    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A House Republican bill to reform the U.S. Postal Service's operations is advancing on a partisan basis, while postal legislation is still waiting for a committee mark-up in the Senate. Still, postal watchers and lawmakers firmly believe that both Democrats and Republicans are treating the agency's sputtering finances with a sense of urgency, and that the two sides are on the path toward finding a compromise. More

'Privateers' prepare to plunder post office
The Ithaca Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Colombia Encyclopedia defines privateering as, "A former usage of war permitting privately owned and operated war vessels (privateers) under commission of a belligerent government to capture enemy shipping. Licensed privateering dates back to the 13th century." The privateers have turned their guns on the U.S. Postal Service, charging it with inefficiency while trying to hamper it legislatively. The USPS was created in the original U.S. Constitution, which was several years before the invention of the Internet and it has served us well. More

FedEx expands presence in North America and Europe
Post & Parcel    Share    Share on FacebookTwitterShare on LinkedinE-mail article
FedEx has been busily expanding its services and infrastructure in North America and Western Europe, including the opening of some major new processing sites. The company's FedEx Ground division has opened a new $100 million small package distribution hub in North Carolina. FedEx Freight has opened a new facility in Butte, Mont. FedEx Express has opened a new station in Strasbourg, France, and is also set to open a new facility in Northern Ireland. More

GAO: No refund of overpaid pension money is owed to USPS
Federal Times    Share    Share on FacebookTwitterShare on LinkedinE-mail
There is no evidence that the U.S. Postal Service is owed a refund on tens of billions of dollars in pension overpayments because of actuarial or accounting errors, the Government Accountability Office concludes in a report released. Such a decision is ultimately a "policy choice," GAO said, adding that the struggling mail carrier in any case needs to take other steps to confront its long-term financial woes. More

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Legislation could allow Postal Service to move funds
The Star Democrat    Share    Share on FacebookTwitterShare on LinkedinE-mail article
U.S. Sen. Barbara Mikulski, D-Md., introduced legislation that would let the U.S. Postal Service move money from its pension fund to its retirement health benefit fund. The Save Our Postal Workers Act would let the postal service essentially use its own money to cover its retirement obligations and keep its facilities open. More

Letter carriers bring in top financial and policy experts to advise upon postal reforms
PostalReporter News Blog    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The National Association of Letter Carriers announced the retention of investment bank Lazard Group, LLC and former assistant to President Barack Obama for manufacturing policy, Ron Bloom, as financial advisors in connection with issues relating to the United States Postal Service. Fredric V. Rolando, President of the NALC, announced the retention of its advisors to 1,500 regional and local NALC leaders gathered in a national conference to consider the current USPS financial crisis and the long-term strategic, structural and business challenges facing the USPS. More

Obama's ex-auto, manufacturing adviser sets sights on the Postal Service
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ron Bloom, who helped restructure the automotive industry and has negotiated several large labor deals over the course of his career, served until August as Obama's top manufacturing policy adviser. He announced that he will advise the National Association of Letter Carriers as the 280,000-member union attempts to strike a new multi-year deal with the cash-strapped Postal Service. More

Postal union hires top Obama advisor to aid USPS rescue
Post & Parcel    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The union representing America's urban and suburban mail carriers has hired a former advisor to President Barack Obama to boost its input in the reform of the U.S. Postal Service. The National Association of Letter Carriers revealed that it has retained the services of Ron Bloom, Obama's former top advisor on manufacturing. Bloom left the White House in August, after helping to engineer a U.S. automotive industry bailout in 2009 and the subsequent restructuring of bankrupt car makers Chrysler and GM. At the time, he had faced claims he was giving the auto industry unions "favourable treatment." More

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