Word: postally
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...crippling UPS. TIME's Jef McAllister says President Clinton, stung by flak he took for intervening in the baseball strike two-and-a-half years back, won't be stepping up to this plate any time soon. It's enough to make you go back to the U.S. Postal Service. First a FedEx jet crashes and burns to a crisp in Newark, leaving all packages on board well done. Now a United Parcel Service walkout has managers handling a small fraction of usual deliveries, as the stalemate becomes a stage for the Labor vs. Corporate America battle over...
...Columbia, which treats some 125,000 patients a day, had overcharged Medicare by millions of dollars. Two weeks ago, federal agents seized documents from 31 Columbia locations in six states (Florida, North Carolina, Oklahoma, Tennessee, Texas and Utah). By last week, agencies ranging from the FBI and the U.S. Postal Service to the departments of Defense and Health and Human Services had obtained more than 35 warrants that target the company...
...walked off the job at on minute after midnight Monday morning after negotiators failed to agree on a new contract. The strike is expected to upset delivery service to thousands of businesses nationwide and will cost the company an estimated $50 million a day. Federal Express and the U.S. Postal Service have made contingency plans to take up the slack, but say they may have difficulty handling the additional load. Adding to the delivery giant's difficulties is a promise by 2,000 UPS pilots to join the strikers. And with President Clinton virtually ruling out federal intervention, it could...
...pension pool, rather than a less-secure plan covering only UPS employees. The Teamsters are also pressing management to increase pay, limit subcontracting and create more full-time jobs. If the talks break down again, millions of parcels across the country could be stranded. Federal Express and the U.S. Postal Service are preparing to take up the slack, but say it may be difficult to handle UPS' volume of 12 million parcels and documents...
PEDALING PHILATELISTS First the Pony Express. Now the U.S. Postal Service Pro Cycling Team. You may wonder why the Postal Service is sponsoring a three-year $5 million bicycle team when your check is still in the mail. Well, cyclists exemplify swiftness, and the Postals, managed by Montgomery Sports of San Francisco, have won more than two dozen races. This month the team is competing in the prestigious Tour de France. "We don't expect to win this race," says spokeswoman Margot Myers, "but we'd love to get all our cyclists across the finish line on the Champs Elysees...