Business Management - Finance/Financial

USPS Reports $1.7B Loss, Despite Increase in Marketing Mail Revenue
May 13, 2022 at 10:10 am

Marketing Mail revenue increased $512 million, or 15.9%, compared to the same quarter last year, on volume growth of approximately 1.2 billion pieces, or 8.4%. Marketing Mail experienced steep volume declines at the onset of the pandemic but has been rebounding as the economy continues to recover.

Xerox Renames Equipment Financing Business
February 25, 2022 at 9:35 am

Xerox Holdings Corp. has renamed its equipment financing business FITTLE, derived from 'fit,' representing the right choice through speed, quality, and ease of transacting, all of which are essential in a financing partner.

Heidelberg Increases Operating Profitability in Third Quarter
February 16, 2022 at 12:52 pm

In the third quarter, high order backlog at Heidelberg provided a strong starting point for the coming financial year. Further milestones in the growth of package printing and digital business models were also achieved during that time.

In-plant Salaries at a Standstill
January 28, 2022 at 9:46 am

Our new salary survey reveals some disappointing news for in-plant managers. Average salaries remained virtually stagnant in 2021 compared with 2019, climbing just a paltry 0.3%. The median salary dropped for the first time since 2011, shrinking 2.3%.

Xplor Announces New Memorial Scholarship Fund
January 26, 2022 at 11:20 am

The Herman L. Gimbel and Audrey M. Gimbel Memorial Scholarship Fund, part of the Xplor Member Scholarship program, will provide financial assistance to Xplor members and their families who are pursuing careers in the electronic document and communications industry.

From the Editor: The Impact of Inflation on In-plants
January 19, 2022 at 8:59 am

By now the realities of inflation have sunk in for all of us. We know more about the supply chain than we ever have in our lives, but that’s not doing us much good. Supply costs still keep going up. How are in-plants coping?

PRINTING United Alliance Calls on Congress to End Build Back Better Act Talks
January 13, 2022 at 4:58 pm

On Wednesday, as news traveled across Capitol Hill that December’s consumer price index rose 7%, PRINTING United Alliance issued a letter formally calling on Congressional leaders to end negotiations to pass the Build Back Better Act and shift focus to more immediate economic concerns.