United States Postal Service

UPS impasse with union could deliver a costly strike, disrupting brick-and-mortar businesses as well as e-commerce

Retrieved on: 
Thursday, July 20, 2023

Talks between the International Brotherhood of Teamsters and UPS over a new contract fell apart on July 5, 2023.

Key Points: 
  • Talks between the International Brotherhood of Teamsters and UPS over a new contract fell apart on July 5, 2023.
  • Without a deal in place, more than 300,000 Teamsters will stop working on Aug. 1.

What are the reasons for this impending strike?


    Before the talks collapsed, both sides had been negotiating extensively on a new five-year agreement that would cover about 340,000 unionized UPS workers. The delivery company has agreed to some of the Teamsters’ demands, pledging to:
    • The Teamsters dispute UPS’s claim that part-time workers earn an average of $20 per hour.
    • The company nearly tripled its net income from the levels seen in 2018 and 2019 of $4.8 billion and $4.4 billion.
    • The Teamsters argue that these record profits mean UPS can afford to pay higher wages.

What should consumers expect?

    • If unionized UPS workers do go on strike, many U.S. consumers will surely fear delays in the delivery of their online purchases.
    • In my view, that’s a reasonable concern, given that UPS handles roughly 25% of all U.S. package deliveries.
    • The 1997 strike, which lasted 16 days, took place when e-commerce was in its infancy.
    • Today, consumers spend about 15% of their shopping dollars on e-commerce purchases.

What about businesses?

    • A UPS strike could disrupt the availability of spare parts for cars and wholesale medical supplies, just to name a few essentials.
    • Consumers will also find it harder to get clothing and shoes in stores, as retail locations are typically replenished by parcel carriers.
    • These costs stem from the 340,000 striking workers losing an estimated $1.1 billion in wages and UPS losing $816 million in earnings.
    • The balance of this estimate would result from the disruptions incurred by UPS customers.

What do you think will happen?

    • On that occasion, Congress had the option of intervening, but a deal was reached before the government had to step in.
    • However, it seems likely that there will be calls for the White House to get both parties back to the negotiating table.

Oshkosh Corporation releases 2022 Sustainability Report

Retrieved on: 
Tuesday, July 11, 2023

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment has released its 10th annual Sustainability Report, reinforcing the company’s continued focus on innovation, commitment to sustainable business practices and building a better world.

Key Points: 
  • Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment has released its 10th annual Sustainability Report, reinforcing the company’s continued focus on innovation, commitment to sustainable business practices and building a better world.
  • View the full release here: https://www.businesswire.com/news/home/20230711881471/en/
    Oshkosh Corporation’s sustainability strategy is guided by four core areas: empowering our people, developing innovative products, building communities and operating sustainably.
  • “Each year we focus on driving sustainable growth across our business,” said Kevin Tubbs, Oshkosh Corporation vice president, chief ethics, compliance and sustainability officer.
  • To learn more, or to access the fiscal year 2022 Sustainability Report, please click here oshkoshcorp.com .

Introducing USPS Ground Advantage

Retrieved on: 
Monday, July 10, 2023

WASHINGTON, July 10, 2023 /PRNewswire/ -- Today, the Postal Service announced the launch of its new shipping offering, USPS Ground Advantage. The enhanced ground solution provides a simple, reliable, and more affordable way to ship packages in two-to-five business days across the continental United States.

Key Points: 
  • USPS Ground Advantage provides America's businesses and the public with a compelling new ground shipping option leveraging USPS' unparalleled last-mile delivery route system and improving integrated mail and package postal logistics network.
  • With the product's launch, USPS is retiring three offerings: USPS Retail Ground, USPS Parcel Select Ground and USPS First-Class Package Service as well as Ground Returns and First-Class Package Return Service.
  • A new shipping portfolio – comprised of USPS Ground Advantage and USPS Connect Local and Regional – positions USPS to compete very effectively for any package under 25 pounds that can be transported by ground, within a region across states, and across the country.
  • $100 insurance included on USPS Ground Advantage and USPS Ground Advantage Return packages.

Northern Cardinal Lands In Your Local Post Office

Retrieved on: 
Friday, July 7, 2023

BIRD CITY, Kan., July 7, 2023 /PRNewswire/ -- On Sunday the Postal Service will issue the Northern Cardinal stamped envelope in Bird City, KS. This stamped envelope is designed for convenient, pre-paid correspondence by customers.

Key Points: 
  • BIRD CITY, Kan., July 7, 2023 /PRNewswire/ -- On Sunday the Postal Service will issue the Northern Cardinal stamped envelope in Bird City, KS.
  • Northern Cardinal lands in your local Post Office.
  • Stamped envelope flies in Sunday
    This highly realistic stamp art is based on photographs and features an illustration of a northern cardinal perching on an evergreen branch.
  • The northern cardinal (Cardinalis cardinalis) is one of the most popular songbirds native to North America.

Postal Service to Release Thinking of You Stamps

Retrieved on: 
Thursday, July 6, 2023

Postal Service perfectly complement letters and cards sent to brighten someone's day.

Key Points: 
  • Postal Service perfectly complement letters and cards sent to brighten someone's day.
  • The Thinking of You stamps are being issued as Forever® stamps.
  • Postal Service to Release Thinking of You Stamps.
  • For more information about the Postal Service, visit usps.com and facts.usps.com .

Postal Service to Release Life Magnified Stamps

Retrieved on: 
Thursday, July 6, 2023

Development of more refined and precise microscopes over several centuries brought smaller and smaller components of life into focus.

Key Points: 
  • Development of more refined and precise microscopes over several centuries brought smaller and smaller components of life into focus.
  • The Life Magnified stamps are being issued as Forever® stamps.
  • The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
  • For more information about the Postal Service, visit usps.com and facts.usps.com .

Securities & Exchange Commission Approves the Plan of Distribution for the RBS Securities Fair Fund

Retrieved on: 
Tuesday, July 4, 2023

The purpose of this Notice is to inform you that you may be entitled to share in the proceeds of the Fair Fund described herein.

Key Points: 
  • The purpose of this Notice is to inform you that you may be entitled to share in the proceeds of the Fair Fund described herein.
  • To be potentially eligible to share in the Fair Fund, you must file a Proof of Claim Form in accordance with the steps set forth in this Notice and in the Distribution Plan (the "Plan") approved by the Securities and Exchange Commission ("SEC" or the "Commission").
  • On November 7, 2013, the SEC brought suit against Defendant RBS Securities Inc. ("RBS" or "Defendant"), formerly known as Greenwich Capital Markets, Inc.
  • You may obtain additional information or request copies of forms and notices by calling the RBS Securities Inc. Fair Fund's toll-free hotline at (877) 940-1507 in the United States, or by email at [email protected] .

Community Research Foundation Provides Notice Following Data Security Incident

Retrieved on: 
Thursday, June 29, 2023

SAN DIEGO, June 29, 2023 /PRNewswire/ -- Community Research Foundation ("CRF"), experienced a data security incident that may have involved personal and protected health information belonging to individuals who sought medical services through various medical and/or social service programs that CRF supports.

Key Points: 
  • SAN DIEGO, June 29, 2023 /PRNewswire/ -- Community Research Foundation ("CRF"), experienced a data security incident that may have involved personal and protected health information belonging to individuals who sought medical services through various medical and/or social service programs that CRF supports.
  • On October 13, 2022, CRF became aware of a possible data security incident involving its digital environment.
  • Following discovery, CRF immediately took steps to secure its digital environment and engaged a dedicated team of external cybersecurity experts to assist in responding to and investigating the incident.
  • On June 28, 2023, CRF provided notice of this incident to the potentially impacted individuals.

Silver Golub & Teitell LLP Investigates PharMerica Class Action Lawsuit Data Breach Claims

Retrieved on: 
Thursday, June 22, 2023

STAMFORD, Conn., June 22, 2023 /PRNewswire/ -- Silver Golub & Teitell LLP ("SGT"), a plaintiffs' class action law firm which represents data breach victims, continues to investigate potential class action data breach claims against PharMerica Corporation ("PharMerica") following a data breach that exposed the sensitive personal information and health information of almost 6 million PharMerica pharmacy customers (the "Data Breach").

Key Points: 
  • STAMFORD, Conn., June 22, 2023 /PRNewswire/ -- Silver Golub & Teitell LLP ("SGT"), a plaintiffs' class action law firm which represents data breach victims, continues to investigate potential class action data breach claims against PharMerica Corporation ("PharMerica") following a data breach that exposed the sensitive personal information and health information of almost 6 million PharMerica pharmacy customers (the "Data Breach").
  • PharMerica has sent notification letters to individuals impacted by the data breach by US Mail.
  • If you have received a notification letter and would like to learn more about your options, reach out to SGT today
    A class action lawsuit has been filed in federal court as a result of the PharMerica Data Breach and SGT is continuing to investigate claims against PharMerica.
  • According to media reports and PharMerica itself, the following information of impacted individuals has been compromised as a result of the Data Breach

Postal Service Honors Congressman John Lewis on New Forever Stamp

Retrieved on: 
Thursday, June 22, 2023

The words "USA" and "Forever" appear in the stamp's top left corner.

Key Points: 
  • The words "USA" and "Forever" appear in the stamp's top left corner.
  • Derry Noyes, an art director for USPS, designed the stamp.
  • The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
  • For more information about the Postal Service, visit usps.com and facts.usps.com .