E-commerce is growing dramatically. Competition is increasing among package delivery companies as customers increasingly favor online retailers over brick and mortar stores. Online shoppers want their purchases delivered quickly, reliably and affordably. Hence, the USPS must optimize its parcel delivery service to meet demand and increase revenue. The USPS Office of Inspector General (OIG) noted…
On July 9, 2015, Senator Heidi Heitkamp (D-ND) introduced (S.1742), The Rural Postal Act of 2015. This bill is intended to improve both rural mail service and the morale of rural postal workers. Following her “Fix My Mail” initiative—wherein Heitkamp examined the postal concerns of rural North Dakotans—Heitkamp has introduced a bill that proposes to…
Sales and leasebacks of real estate owned by the US Postal Service is one solution proposed by commentators for easing the USPS financial woes. Though the condition of the USPS’s finances has improved, the problem is far from resolved. Leveraging its real estate portfolio would provide necessary cash for upgrading its infrastructure and maintaining delivery…
In its April 22, 2015 report on the Postal Service’s management of CBRE real estate transactions, the USPS Office of Inspector General (OIG) recommended the Postal Service “terminate and recompete” the CBRE contract. The report is fourth in a series evaluating the Postal Service’s management over the global real estate firm. Two of the OIG…
The Postal Service is delaying an effort to close some mail processing facilities – putting on hold about 80 closures slated for this summer, according to the agency. Read more
Lawrence Magdovitz, 77, passed away on Sunday, May 24, 2015, after a long illness. He was born on August 21, 1937 in Clarksdale, MS to Harry and Lenable (May) Magdovitz. Lawrence grew up in Clarksdale, MS. He graduated from Clarksdale High School. After high school he attended Vanderbilt University, where he received a BA degree…
The global real estate firm tasked with crafting a plan to develop the Government Publishing Office’s parking lot is disputing an independent report claiming it mishandled lease negotiations with another government agency. Read more
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