USPS, U.S. Postal Service, United States Postal Service, postal delivery, postal costs, UPS, FedEx, shipping rates, postage rates, parcel delivery, shipping, shipping/delivery, operations and fulfillment

August 11, 2014




Despite Revenue Gains, USPS’s 3Q Net Loss Hit $2 Billion

It was another one of those good-news-bad news for the U.S. Postal Service. The USPS’s third-quarter revenue increased 3.2% compared to the same period in 2013, but it suffered a net loss of $2 billion.

First, the good news: Shipping and package …

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In News, Operations & Fulfillment

USPS, U.S. Postal Service, United States Postal Service, postal delivery, postal costs, UPS, FedEx, shipping rates, postage rates, parcel delivery, shipping, shipping/delivery, operations and fulfillment

May 9, 2014




USPS Suffers a Net Loss of $1.9 Billion

The U.S. Postal Service ended the second quarter of its 2014 fiscal year, with a net loss of $1.9 billion. This marks the 20th of the last 22 quarters it has sustained a loss.

“The Postal Service is working diligently to improve …

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In News, PR Newswire

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September 19, 2013




Postmaster General Says USPS in Midst of Financial Disaster

Postmaster General Patrick R. Donahoe told a U.S. Senate committee today that the U.S. Postal Service is in the midst of a financial disaster and that its cash liquidity remains dangerously low.

Donahoe is seeking legislation that will …

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In Executive, News

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February 10, 2014




USPS Ends Q1 with $354 Million Loss, Shipping Revenue Up 14%

While the U.S. Postal Service ended the first quarter of 2014 with a net loss of $354 million, its shipping business increased by 14%, according to a release issued on February 7.

While the $354 million loss marked a sustained loss for the Postal …

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In M&A and Financial, Must Reads

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May 9, 2013




Donahoe Lays Out the Future of the USPS

Post Master General and CEO Patrick Donahoe of the U.S. Postal Service painted a grim picture during his State of the USPS presentation to attendees at the American Catalog Mailers Association’s  2013 National Catalog Forum on May 8.

According to Donahoe, …

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In News, Operations & Fulfillment

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August 14, 2013




USPS Announces Big Changes in Priority Mail

The United States Postal Service has launched what it is calling “major changes” to its Priority Mail lineup, including free insurance, improved tracking, and day-specific delivery. In a press release the USPS said the changes would generate more than a …

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In Must Reads, Operations & Fulfillment

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January 1, 2014




Multichannel Merchant’s Best of 2013

2013 has come and gone…

And maybe it even dragged on… and on… and on.

I guess it all depends on your perspective.  Think about it – does twerking seem so last-year? How about that 0-6 start by the New York Giants? …

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In Blog, Must Reads

paypal

September 30, 2014




eBay to Finally Split Off PayPal

After years of speculation, eBay Inc. announced it will finally split off PayPal into a public traded company in the second half of 2015.

Creating two standalone businesses best positions eBay and PayPal to capitalize on their respective growth opportunities in …

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In Ecommerce, News

January 3, 2013




Donahoe: Congressional Inaction Heightens Postal Service Financial Crisis

Statement from Postmaster General Patrick Donahoe: Congressional Inaction Heightens Postal Service Financial Crisis; More Aggressive Cost Cutting and Revenue Generating Measures will be Considered (via PR Newswire) WASHINGTON, Jan. 3, 2013 /PRNewswire-USNewswire/ — “The 112th Congress adjourned without having passed postal legislation. …

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In PR Newswire, Shipping/Delivery

paypal

July 31, 2014




eBay: 79% of Global Shoppers Prefer PayPal

PayPal is the preferred payment method for eBay’s cross-border consumers, eBay president and CEO John Donahoe said during the company’s second-quarter earnings call.

According to Donohoe, 79% of global shoppers identified PayPal as their preferred payment method when making cross-border purchases.

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In Ecommerce, Global

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