Staples, Inc. Announces Early Termination of Hart-Scott-Rodino Waiting Period

In a letter transmitted today to the House Committee on Oversight and Reform and the Senate Homeland Security and Governmental Affairs Committee, the Postal Service provided service performance charts showing significant increases in all mail categories. “As the charts show, service performance improved across all major mail categories in the weeks prior to my testimony (delivered on August 24), and this trend has continued through August, returning to early-July levels,” said Postmaster General Louis DeJoy in his letter to the Committee. “This recovery took place while still adhering to our existing transportation schedules. In other words, we are improving service performance while more consistently running our trucks on time.”

Pearson announced that Mike Howells will become its new Chief Strategy Officer to further strengthen its focus on building a direct, lifetime relationship with learners around the world and to enhance its partnerships with learning institutions globally. Mike will further strengthen Pearson’s global corporate and educational partnerships as the company aims to expand and enhance its direct-to-consumer offering. He will be based in London and will work with the executive team and Board to shape and execute the plan for the business, reporting to Andy Bird, Chief Executive.

Quarter-to-date service performance data for July 1 through Sept. 24 included: *First-Class Mail: Delivered 88.1 percent of First-Class Mail on time against the USPS service standard, an improvement of 0.6 percentage points from the third quarter. *Marketing Mail: Delivered 92.5 percent of Marketing Mail on time against the USPS service standard, an improvement of 1.5 percentage points from the third quarter. *Periodicals: Delivered 82.2 percent of Periodicals on time against the USPS service standard, an improvement of 3 percentage points from the third quarter. On October 1, the Postal Service will implement new service standards for First-Class Mail and Periodicals. These new service standards will increase delivery reliability, consistency, and efficiency for our customers and across our network. Most First-Class Mail (61 percent) and Periodicals (93 percent) will be unaffected by the new service standard changes. Standards for single-piece First-Class Mail traveling within a local area will continue to be two days.