Tribune Publishing And Union Agree To Two-Year Contract (mediapost.com)

Adobe announced the latest online inflation data from the Adobe Digital Price Index (DPI), powered by Adobe Analytics. Online prices in April 2023 fell 1.8% year-over-year (YoY), marking the eighth consecutive month of YoY price decreases, with the majority of categories (11 of 18) tracked by Adobe seeing falling prices on an annual basis. On a month-over-month (MoM) basis, online prices fell 0.7% in April. April’s YoY price decline was driven by notable drops in categories such as appliances, which fell 7.1% YoY (down 2.1% MoM), the largest YoY drop for the category since Adobe began tracking online prices in 2014. Prices continued to fall YoY in categories including sporting goods (down 6.4% YoY, up 1.5% MoM), toys (down 5.9% YoY, down 0.2% MoM) and home/garden (down 5.6% YoY, down 0.8% MoM). Steeper YoY declines were observed in electronics, which fell 11.6% YoY (up 0.5% MoM), as well as computers, which fell 15.4% YoY (up 1.9% MoM).

Dear Industry Member: Following aggressive lobbying efforts from the ACMA, its partner organizations the Coalition for a 21st Century Postal Service and Keep Us Posted, and others with mailing interests, today Rep. Gerold Connolly (D-VA, at right) introduced the Ensuring Accurate Postal Rates Act. If passed into law, the bill will require the Postal Regulatory Commission to conduct a follow-up review of the postal rate-making process. Below is a brief timeline: • In 2020, the PRC completed its mandated 10-year review of the postal rate-making process. The review modified the rate-making process, opening the door for the USPS to increase rates beyond the CPI cap and doubling the number of rate hikes in each of the past two years. • Although completed that November, the review quickly became outdated: A section of the April 2022 USPS Fairness Act (section 102 of Public Law 117-108) canceled unpaid USPS obligations, thereby removing an essential basis for the PRC ruling. • The PRC ruling also did not adquately account for the windfall of business the USPS achieved from the Covid boom in package shipping and other improvements to its financial condition from the pandemic. • Less than a month after the PRC ruling, the CARES Act authorized up to $10 billion in funding for the U.S. Postal Service from the U.S. Treasury. We appreciate Rep. Connolly's sensitivity to the impact of extra-large rate increases on our members. The ACMA will will continue to advocate to build support for this much needed legislation, including how you can work with your own legislators to ensure this bill is passed.

The strike that hit the Western Canada ports, including the country’s largest, the Port of Vancouver, has ended after the International Longshore and Warehouse Union (ILWU) Canada and waterfront employers reached a deal on a tentative four-year contract, reported Reuters. The agreement still needs to be ratified by both sides. The walkout started on July 1 when roughly 7,500 dock workers represented by the ILWU walked off the job after failing to reach a new contract.