veritiv-gen

Graphic Communications Key Notes Vol. 02 No. 07

OIG Says USPS Prefunding Requirement Isn’t Right – The USPS Office of Inspector General (OIG) says U.S. Postal Service’s requirement to prefund its long-term pension and healthcare liabilities doesn’t seem quite right. And it issued a report describing why it thinks so.  In a recent blog post, the USPS OIG compared the prefunding requirement to …

veritiv-gen

Graphic Communications Key Notes Vol. 02 No. 06

USPS Will Hit Exigent Surcharge Limit by August – The Postal Service CFO, Joe Corbett, dreads the day that the 4.3% exigent surcharge, enforced in January 2014, might be removed.  He estimated it would arrive in late July or early August, when the $3.2 billion in funds deemed lost to the Great Recession would be …

veritiv-gen

Graphic Communications Key Notes Vol. 02 No. 05

USPS Revenue Rose 4.3% in Holiday Quarter – The Postal Service ended fiscal 2015’s first quarter (Oct. 1-Dec. 31, 2014) with a 4.3 percent increase in operating revenue compared to the same period one year earlier. The net loss was $754 million. The operating revenue increase was partially driven by the record number

veritiv-gen

Graphic Communications Key Notes Vol. 02 No. 04

Direct Mail Study Reveals Key Insights on the Medium’s Subconscious Influence – Britain’s Royal Mail MarketReach conducted an 18-month comprehensive study into the value of marketing mail combining new and traditional research methods including ethnography, neuroscience, quantitative, interviews and analysis. The Private Life of Mail report has unveiled some strong statistics that support the use …

veritiv-gen

Graphic Communications Key Notes Vol. 02 No. 03

Postal Rate Increase Is No Surprise. But Why Now? – Key members of the mailing community were not surprised that the U.S. Postal Service took the inflationary rate adjustment it would customarily have asked for months ago, and they were not alarmed at the 2% hike. They just wanted to know why the Postal Service …