Word: postalized
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...Postal Service was once a classic example of the enterprise that could not make ends meet no matter how generous its means. But the Service, which has operated as an independent Government business since 1971, is learning how to hold down costs. Thanks in part to automation and lower inflation, the Postal Service said it expects to report a $400 million profit for the fiscal year ending in September, compared with a net loss of $251 million in the previous twelve months. Consumers can look forward to one very tangible benefit: the current 22 cents cost of mailing a letter...
Antebellum gowns and Confederate uniforms were back in vogue in Atlanta and environs at a ten-day celebration marking the 50th anniversary of Margaret Mitchell's novel about the Old South, Gone With the Wind. The U.S. Postal Service last week even issued a definitive memorial 1 cents U.S. postage stamp with Mitchell's likeness. As if to confirm the cult status of the Pulitzer- prize-winning novel (25 million copies sold in 27 languages) and the 1939 movie, serious philatelists and GWTW aficionados alike stormed a postal booth and bought 50,000 of the new stamps...
...over the world, but America has a special talent for inventing ones for which the necessity had previously gone unrecognized. The birth of McDonald's in 1955 gave rise to a fast-food industry that serves 45.8 million people in the U.S. a day. The sluggishness of the Postal Service in the 1970s helped spawn a whole new industry: overnight delivery. Federal Express, started by former Marine Corps Pilot Frederick Smith in 1973, ships nearly 12 million packages a month...
America's posties will soon be getting new wheels. The U.S. Postal Service disclosed last week that it will buy a fleet of modernistic aluminum vans from Bethpage, N.Y.-based Grumman to replace the familiar red-white-and-blue AM General Jeeps and trucks that deliver mail on U.S. streets. The $1.1 billion contract, the largest vehicle purchase in Postal Service history, calls for 99,150 new vans to hit the road between...
...Postal officials decided in 1982 that a larger, sturdier vehicle was required because of the increased volume of mail and the longer distances between delivery points. The vans have twice the capacity of the Postal Service Jeeps and are expected to last 24 years, vs. eight years for the Jeeps. The vans should save the Postal Service $5.9 billion over the life of the fleet...