‘InTech’ Magazine Is Going All-Digital After Survey Confirms Reader Preference (mediapost.com)

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. “USPS Ground Advantage is a game changer – for our customers, the industry and USPS. By efficiently and effectively integrating our ground transportation model to the magnificence of our last mile delivery operations, we can now offer the most compelling ground shipping offering in the market,” said Louis DeJoy, United States Postmaster General and CEO. “With USPS Ground Advantage, we are ready to compete for an increased share of the growing package business.” 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.

Second Quarter 2023 Results *Net sales decreased 4.8% year-over-year, to $3.7 billion, with comparable sales down 5.0%. *Gross margin as a percentage of net sales was 39.0%, a decrease of 61 basis points. *Selling, general & administrative (SG&A) expenses increased 1.6% year-over-year, to $1.3 billion. *Operating income was $163 million compared to $266 million in the prior year. *Net income was $58 million. This compares to net income of $143 million. *Inventory was $3.5 billion, a decrease of 14% year-over-year. *Operating cash flow was $430 million.

Learning technology company HMH has been named a finalist in nine categories for the 2024 CODiE Awards, including “Best Suite of Connected/Integrated Solutions” for its comprehensive core, intervention, assessment and professional learning offerings. Presented by the Software & Information Industry Association (SIIA), the CODiE Awards honor excellence in leading technology products and services, with awards given to products demonstrating innovation, vision and overall industry impact. “At HMH, we are focused on simplifying educators’ lives and creating meaningful learning experiences that improve outcomes for all students,” said Jack Lynch, President and CEO, HMH. “We believe that transformative edtech prioritizes human connection and community by extending teachers’ capabilities so they can focus on what matters most—their students. We are honored to be recognized for our comprehensive and connected solutions.”