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News from the USPS

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- The Postal Service, this week, unveiled an updated business plan through 2016. It will walk all of its stakeholders through this  figures, including the Administration, Capitol Hill, leaders of various committees, OMB, Treasury, GAO, PRC, and customers, employees, and suppliers. Joe Corbett, USPS EVP and CFO spoke to the media this week. He spoke of the importance of everyone understanding the plan and the importance about executing the plan as soon as possible.

- PostCom recently circulated a write-up showing the Postal Service’s $20 billion cost reductions by 2015 and how current legislation does not provide the USPS the flexibility it needs to achieve these savings. The new plan will show a cost reduction of $22.5 billion by 2016. The main components of the business plan are no different than that of the $20 billion plan.

- *The U.S. Postal Service this week at the quarterly meeting of the Mailers Technical Advisory Committee (MTAC) announced its plan to sunset use of the POSTNET barcode in January 2013 and allow only the Full-Service Intelligent Mail barcode (IMb) to qualify for automation discounts starting in January 2014. Currently mailers can use POSTNET, IMb Basic or IMb Full-Service barcodes to qualify for automation discounts. *

- The Postal Service plans to file with the Postal Regulatory Commission its intent to offer a mobile barcode discount from July 1 – August 31.  The objective of the promotion is to promote new value of mail and to incent mailers to invest in mobile barcodes. The implementation of this program is dependent upon Commission approval.

- Tale of UPS’s missing and broken. FedEx invests in advanced print technology. NALC contract update. USPS to hold ‘grow you business day’ workshop. Shop Talk: A new reality for direct mail. USPS plans to  implement consolidations as soon as moratorium ends. Why QR codes won’t last. Network redesign efforts continue. New USPS approach on post office closings coming? MTAC works toward new structure. PostCom’s newest member.

- An update from the USPS Office of Inspector General.

- A review of postal news from around the world.

- Postal previews.


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