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Franchising Your Mailbox Might Put The USPS Out Of Business
Monday, February 11, 2019 - 3:32pm | 1177As far as the current regulations go, only you and the U.S. Postal Service (USPS) have the authority to put mail or parcels in your mailbox. Anyone who infringes on this is quite literally committing a crime – even if it is a neighbor who is putting remainder notes into your box. The law...
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Today's Pickup: USPS Deploys Motiv-Powered All-Electric Vans
Tuesday, February 5, 2019 - 11:08am | 1080Good day, It started with electric and now it is going back – if only in small steps. The United States Postal Service (USPS) has taken delivery of seven medium-duty, all-electric Ford Motor Company (NYSE: F) E-450 step vans for operations in California's Central Valley. The...
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Height: Post Office's Strong Liquidity Makes Immediate Crisis, Changes Less Likely
Monday, December 31, 2018 - 4:44pm | 525Don’t look for major changes to the postal service in the coming year, analysts from Height Securities say. The United States Postal Service does have long-term financial challenges resulting from changes in how we all send packages — and expensive retiree benefits. But in a...
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Treasury Report Recommends Post Office Raise Rates On Amazon Parcels
Wednesday, December 5, 2018 - 12:00pm | 498A new report out of Washington on the U.S. Postal Service could be bad news for Amazon.com, Inc. (NASDAQ: AMZN). What Happened A report on the state of the USPS requested by President Trump back in April was released this week by the Treasury Department. The report concludes that the USPS isn't...
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USPS Rate Hike Could Have A Small But Positive Impact On Trucking Demand
Friday, October 12, 2018 - 10:59am | 676What appears to be a routine price increase announced Wednesday by the United States Postal Service does have one change that could have some impact on trucking. If there is an impact, it is likely to be small. But a change in the pricing system for a service called First-Class Package Service...
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DA Davidson Recommends Buying Amazon Weakness, Says Retail Giant Has 'Low Likelihood' Of Antitrust Headwinds
Tuesday, April 3, 2018 - 11:37am | 672President Donald Trump's comments on Amazon.com, Inc. (NASDAQ: AMZN) — coupled with overall market volatility — have resulted in a more than 4-percent selloff in the stock throughout March. But long-term investors should take advantage of the dip, according to D.A. Davidson. The...
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How Amazon Actually Helps Keep The US Postal Service Alive
Thursday, March 29, 2018 - 1:52pm | 657An Axios report emerged Wednesday of Trump’s “obsession” with Amazon.com, Inc. (NASDAQ: AMZN) , and on Thursday, the president reiterated his long-held “concerns.” I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no...
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Analysis: US Postal Service, Built To Deliver Letters, Struggles To Compete In Package Delivery
Wednesday, November 15, 2017 - 4:50pm | 400The United States Postal Service reported a 2017 net loss of $814 million Tuesday representing a $1.4 billion annual decline. Some may read this “bad to worse” trajectory as a negative for parcel peers, but FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) could...
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On The Detroit River, America's Only Floating Post Office Blends Tradition And Technology
Friday, August 11, 2017 - 12:15pm | 1507It's a sunny day on the Detroit River, and the G3 Marquis, a 740-foot bulk carrier, is sailing downriver and has just passed underneath the Ambassador Bridge. Capt. Bill Redding and Capt. Bill Griffore board the J.W. Westcott II, a comparatively diminutive 45-foot boat, and pull up alongside...
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In Other News, CBO Says Postal Service Reform Bill Could Save $6.2 Billion Over 10 Years
Monday, June 5, 2017 - 10:51am | 397It turns out, there are things happening in Washington other than investigations into Russia, healthcare reform and President Donald Trump’s tweets. An under-the-radar Postal Service reform bill would save the country $6.2 billion over the next decade, according to the Congressional Budget...
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FedEx, UPS Now Riding On The Holiday Tracks
Monday, November 23, 2015 - 3:49pm | 541As many investors would expect, FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) thrive during the busy holiday season. Online holiday sales are expected to grow as much as 8 percent this year, eclipsing last year's 5.8 percent. Meanwhile, retailers are sitting on record...
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USPS vs. NBA: Which Collective Bargaining Agreement is worth 220K Jobs?
Friday, August 12, 2011 - 4:19pm | 683The National Football League was able to restructure its collective bargaining agreement before preseason started and hopefully the National Basketball Association will follow suit. On the other hand, the United States Postal Service posted a detailed report explaining why it must break its...
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Another 120,000 To Be Added To The Walking Dead
Friday, August 12, 2011 - 12:48pm | 645No, I am not talking about the awesome AMC Networks (NASDAQ: AMCX) show "Walking Dead," but rather the soon to be added to the unemployment line. The United States Postal Service is considering cutting 120,000 jobs, in addition to the 100,000 it expects to lose through attrition, as it seeks to...
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UPDATE: U.S. Postal Service Loss Continues in Third Quarter
Friday, August 5, 2011 - 10:31am | 153The U.S. Postal Service ended its third quarter of fiscal year 2011 (April 1-June 30) with a net loss of $3.1 billion, compared to a net loss of $3.5 billion for the same period in FY 2010. Total mail volume declined to 39.8 billion pieces for the quarter, compared to 40.9 billion pieces in the...