The United States Postal Service announced on October 16 that Megan J. Brennan, Postmaster General and Chief Executive Officer, is retiring effective January 31, 2020. Brennan's USPS career spans 33 years: she started her USPS service as a postal carrier and began her tenure as PMG in February 2015. To read the USPS press release, click here.
IMAG member Postal Stock Exchange announces that it is now part of the Universal Postal Union's Direct Mail Advisory Board (DMAB). Postal Stock Exchange 's membership was unanimously adopted by all member countries. For further details on the DMAB, click here.
The United States will be allowed to set its own rates for inbound international letters and small packages starting in June 2020, the South China Morning Post reports, but observers say the new rates will have less impact on China than Washington had envisioned. According to the SCMP’s reporting, “many observers said it would not affect rates paid by firms that use private-sector carriers for large shipments.” The story, “US global postal rate deal will have limited impact on Chinese exporters, observers say,” was published September 26. To read the full story, click here.
