Business, Technology, Logistics

Holiday Returns Drive Demand for Reverse Logistics

A customer returns gifts to a Kohl's Department store. A customer returns items to a Kohl's Department store. (Jack Sauer/Associated Press)

Reverse logistics is part of retailers’ year-round operations, but returns ramp up during the holidays.

Mindy Long | Contributing Writer
January 3, 2020
Government, Business

Postal Service Losses Up Even As Package Revenue Jumps 6.1%

USPS worker A USPS letter carrier in the East Atlanta post office. Net loss for fiscal year 2019 was $8.8 billion, and increase of $4.9 billion compared to last year. (David Goldman/Associated Press)

The U.S. Postal Service saw revenue jump for the 2019 fiscal year ended Sept. 30, thanks largely to an increase in package volume.

Jim Stinson | Staff Reporter
November 19, 2019
Government, Business, Logistics

Universal Postal Union Rejects Trump’s Favored Reform Plan

Navarro Director of the Office of Trade and Manufacturing Policy Peter Navarro (Alex Brandon/Associated Press)

In a showdown Sept. 24 at a Universal Postal Union meeting, countries rejected the Trump administration’s favored approach to an international mail problem that is making the U.S. consider leaving the 145-year-old body.

Jamey Keatan | Associated Press
September 24, 2019
Government, Business

Trade Feud May Impact Parcels From China

USPS Andrew Harrer/Bloomberg News

White House trade adviser Peter Navarro the week of Sept. 23 will lead a delegation to Geneva to try to reform the 145-year-old global system of coordinating postal policies, a method he says treats American companies unfairly.

Bryce Baschuk | Bloomberg News
September 23, 2019
Business, Technology Craters Without Postal Service Partnership

Packages Andrew Harrer/Bloomberg News plunged 48% in pre-market trading May 9, poised to drop to a five-year low, after the company slashed its profit outlook for the full year, fueling investor concerns about its ability to protect margins in the absence of a key partnership with the U.S. Postal Service.

Esha Dey | Bloomberg News
May 9, 2019
Government, Business, Logistics, TCA

Forever Stamp Price Increase to 55 Cents Takes Effect

Mail Andrew Harrer/Bloomberg News

The cost of a Forever stamp jumped 10% this weekend — from 50 cents to 55 cents — as the U.S. Postal Service continues to struggle financially.

Catie O'Toole | Syracuse Media Group
January 28, 2019
Government, Business

New Postal Service Business Model Creates Opportunity for Growth, Consolidation Among Private Mail Haulers

Sheehy Mail Contractors Evo Transportation & Energy Services, a CNG fuel station operator, decided to compete for DRO contracts by in the last year buying four mail contractors, including Sheehy. (Sheehy Mail Contractors via Facebook)

A new distribution strategy by the U.S. Postal Service is forcing fundamental changes in the way private mail contractors operate and is leading to a surge in consolidation activity.

Daniel P. Bearth | Senior Staff Writer
January 10, 2019
Government, Business, Logistics, TCA

Postal Service Slammed with Seasonal Shipping

postal truck Andrew Harrer/Bloomberg News

This week is expected to be the busiest week of the holiday mailing and shipping season for the Postal Service. The agency expects to process and deliver nearly 3 billion pieces of mail, including packages, this week alone.

Victoria Texas Advocate | Victoria Texas Advocate
December 18, 2018
Business, Logistics, Top 50, Top 100, TCA

Holiday Shipping Deadlines for Amazon, USPS, UPS, FedEx

UPS Getty Images

Procrastinators take note: The deadline is fast approaching to get those gifts in the mail to arrive by Christmas Eve.

Doreen Christensen | Sun Sentinel
December 13, 2018
Government, Business, TCA

Postal Service Will Suspend Delivery Dec. 5 to Honor Late President Bush

Postal Drop-box Andrew Harrer/Bloomberg News

The United States Postal Service won’t be delivering mail Dec. 5 as part of the national day of mourning for the late former President George H.W. Bush.

Kate Feldman | New York Daily News
December 4, 2018