USPS board OKs equipment upgrades

Article Abstract:

The US Postal Service Board of Governors has appropriated budget for the improvement of the agency's letter- and parcel-sorting equipment capabilities, which will reduce labor costs and save $250 million over the life of the equipment. The upgrades will transfer 450 million pieces of mail from expensive manual sorting operations to postal automation by Sep 2001. To be affected by the upgrades are the agency's barcode sorters and carrier sequence barcode sorters, which sort mail down to the delivery route and the order of delivery sequence.

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USPS may get shortchanged

Article Abstract:

The United States Postal Services (USPS) is expecting to get the funding it asked and a bill addressing the issue is expected to pass in the Congress in the present session. A detailed report is presented on the debts of USPS and its funding.

Forecasts, trends, outlooks, Forecasts and trends, Market trend/market analysis

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Appropriations bill includes $600M for USPS

Article Abstract:

$600 million fund has been included for the U.S. Postal Service in the 2005 Omnibus Appropriations bill, which otherwise increased the postal service's rate in 2006.

Economic policy, Administrative agencies, Government agencies

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