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US Postmaster General John E. Potter to Retire

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Rating: 4.8/5

After nearly 10 years as U.S. Postmaster General and CEO of the U.S. Postal Service, John E. Potter today announced that he will retire on Dec. 3, after 32 years of service.

The Governors of the Postal Service named Patrick R. Donahoe, currently Deputy Postmaster General and Chief Operating Officer, to succeed Potter.

A New York City native, Potter is credited with modernizing management, introducing long-term, strategic thinking necessary in a complex and changing marketplace, and transforming the Postal Service into a service-driven customer-focused and cost-sensitive organization.

Potter’s accomplishments include:

  • Eliminating more than $20 billion in costs during the last 10 years, with cumulative savings of more than $50 billion.
  • Building a leaner, more flexible workforce and increasing efficiency and (read more)

published November 9th, 2010

THINK PINK, USPS helps the Breast Cancer Awareness foundation

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Rating: 4.9/5

Yesterday was PINK day when millions of people throughout the world wear something pink in support of Breast Cancer Awareness month. Many organizations, hospitals and charities work for the fight against the fatal disease. Pink flags, ribbons, and people donning pink attire are seen everywhere.

The United States Postal Service is no exception by supporting the cause with the sale of the semi-postal stamp for Breast Cancer Awareness. Since its issue on July 28, 1998, the stamp has raised over $70.7 million for breast cancer research.

The stamps are available at your local Post Office or online at USPS.com for $11 per sheet of 20 or .55 cents each. The price of the stamp pays for the first class single piece rate plus an amount to fund the cause.

Designed by Ethel Kessler of Bethesda, Md., the stamp features the phrases, “Fund the Fight” and “Find a Cure” and an illustration of a mythical “goddess of the hunt” by Whitney Sherman, an illustrator, designer and educator from Baltimore.

published October 10th, 2010

US Postal Service 2 Cents Increase Denied

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Rating: 4.8/5

The US Postal service proposed back in July 2010 that the first class postage should be increased by 2cents to be part of the cost-savings plan to deal with the losses that amounted to $3.8 billion last year.

The Postal Regulatory Commission, an independent agency that oversees the Postal Service, said it determined that that the Postal Service failed to justify a rate increase in excess of its statutory consumer inflation price cap, so they have unamously voted to deny the Postal Services request to increase the price to 46cents.

 Postal officials say that part of the problem is the move of many customers to digital communications. But they say the losses have been compounded by the recession.

 Postal Regulatory Commision Chairman Ruth Y. Goldway said, “The Commission finds that the Postal Service has shown the recent recession to be an exigent circumstance but it has failed both to quantify the impact of the recession on its finances and to show how its rate request relates to the resulting loss of mail volume.”

 The Postal Service can appeal the decision, file a new special rate increase request, or go for a smaller boost, like one cent in the cost of mailing a letter. Among the cost cutting measures, the postal service would like to end Saturday mail delivery, although most of the post offices would remain open on Saturdays under such a plan.

published October 3rd, 2010

Julia de Burgos, Celebrated Poet, Honored on U.S. Stamp

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Rating: 4.3/5

On the eve of National Hispanic Heritage Month, Julia de Burgos, one of Puerto Rico’s most celebrated poets, was recognized by the Postal Service today on a 44-cent stamp at the Teatro Tapia, one of the oldest drama stage buildings in the U.S. An award-winning writer and journalist, Julia de Burgos takes her place among honorees in the Postal Service’s Literary Arts series and with 75 other Hispanic-themed stamps.

“Today, the Postal Service honors Julia de Burgos, a revolutionary writer, thinker, and activist,” said Jordan Small, Postal Service area vice president, Northeast Area, during the first-day-of-issue stamp ceremony. “Dr. de Burgos wrote more than 200 poems that probe issues of love, feminism, and political and personal freedom. Her groundbreaking works urged women, minorities and the poor to defy social conventions and (read more)

published September 25th, 2010

US Postal Service contributes $70.7 million to Breast Cancer

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Rating: 4.8/5

Postmasters are hoping to see pink bracelets everywhere in their communities throughout the US which will indicate even more funds raised for breast cancer research during the month of October which is Breast Cancer Awareness Month. To date the U.S. Postal Service has contributed 70.7 million dollars in voluntary contributions for breast cancer research through sales of the Breast Cancer Awareness postage stamps. The special stamps, called “semi-postal” stamps sell for $.55 each with $.11 from each stamp going to breast cancer research. The stamps are valid for First-Class postage.

A Breast Cancer Awareness promotion at post offices located in the US will include an inspirational pink bracelet with every two sheets of Breast Cancer Awareness stamps purchased at local post offices or through a special mail in offer.

published September 22nd, 2010

Caves are ideal to store your stamps according to US Post

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Rating: 4.4/5

You might think of caves as a natural habitat for bats and other similar wildlife. However, it now turns out that the environment inside the caves at the industrial complex Hunt Midwest SubTropolis in Kansas, USA is also perfect for postage stamps.

Since 1982, the United States Postal Service’s Stamp Fulfillment Center has stored postage stamps for the entire country inside of these caves just north of the river near the Ameristar Casino. Actually more than 10,000 postage orders a day are filled here – from businesses, individuals, and even collectors. Its also known to be called the Fort Knoxof stamps as some of the USA’s more valuable stamps are said to be housed there!

The storage room is three-quarters of a mile inside, as you come into the entrance, and at150 feet underground. The temperature remains 72 degrees fahrenheit year round.”

There are some humidity controlled areas for certain stamps, but, for the (read more)

published September 12th, 2010

Winslow Homer works makes it again on US Stamps

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Rating: 4.8/5

 The U.S. Postal Service will pay tribute to Winslow Homer, an American artist honoring his works with the issuance of a commemorative stamp. The stamp, which is the ninth in the American Treasures series, features Boys in a Pasture, an 1874 oil-on-canvas painting by Homer.

Winslow Homer (1836-1910) is considered one of the greatest American painters of the 19th century. Born in Boston, Massachusetts, he began a two-year apprenticeship in a lithography shop at the age of 19 and afterwards became a freelance illustrator. In 1859, he moved to New York City, where he (read more)

published August 15th, 2010

US Postal Service Ends 3rd Quarter with $3.5 Billion Loss

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Rating: 4.7/5

The U.S. Postal Service ended the third quarter of fiscal year 2010 (April 1 – June 30) with a net loss of $3.5 billion, compared with a net loss of $2.4 billion for the same quarter last year. Third-quarter mail volume totaled 40.9 billion pieces – down approximately 700 million pieces, or 1.7 percent, compared to a year ago. Complete USPS third-quarter results include operating revenue of $16 billion, some $294 million less than the same period last year, and operating expenses of $19.5 billion, an increase of $789 million, or 4.2 percent, over the third quarter last year.

The increase in operating expenses was attributable largely to higher workers’ compensation expenses due to a non-cash fair value adjustment and higher retiree health benefits expenses. Lower interest rates adversely affected the workers’ compensation liability, resulting in a $2 billion expense for the quarter – $870 million higher than (read more)

published August 7th, 2010

Superb Comic strip stamps issued today by US Post

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Rating: 4.7/5

As per one of our earlier Post, we are delighted to let you all know that the US Post has issued today their comic strip stamps. We are confident that these stamps will prove to be an all time favourite of new issues collectors as were the recent Bart and Homer Simpson stamps and that thanks to these type of new issues, children will learn more about the enjoyable world of stamp collecting.

These undated handout images provided by the US Postal Service shows postage stamps featuring comic strips, from left, Beetle Bailey; Calvin and Hobbes; Archie; Garfield and Dennis the Menace, part of a set of five Sunday comics stamps going on (read more)

published July 16th, 2010

Stamp Rate Hike in the US

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Rating: 5.0/5

The postal rates might increase in the next year. This conclusion is arrived at when the non-profit community is trying to determine the postal rates. In fact, the Standard Mail Parcels would get a huge increase at the rate of 23 percent under the United States Postal Service.

The executive director of the Direct Marketing Association’s Nonprofit Federation, Christopher Quinn, however is in doubt regarding its impact on the nonprofit mailers. He also claims that USPS had singled out the nonprofits.

Though it is unclear the rate of Standard Parcel for the nonprofits as well as the other categories yet it is quite clear (read more)

published July 12th, 2010

$15,000 for Sieger Space Cover

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Rating: 4.2/5

The Apollo 15 postage stamp incident occurred within the United States astronaut corps in 1971-72. The crew of Apollo 15 took 398 commemorative postage stamp covers with them on their trip to the Moon (400 were printed, but 2 were damaged and destroyed prior to being packaged), with the understanding that, when they returned, 100 of the covers were to be sold to the German stamp dealer who provided them. Those 100 covers are known today by philatelists as the “Sieger covers,” named such after the dealer, Hermann Sieger. The remaining 298 covers were to be kept by the crew members as souvenirs but were later confiscated by NASA when the public sale of Sieger’s covers was discovered soon after the mission. The crew’s 298 covers were not returned until 1983, after the astronauts filed suit against the government for their return, citing NASA’s partnership with the U.S. Postal Service to sell covers flown on the space shuttle.

(read more)

published July 11th, 2010