Highlights for the fourth quarter: • Ended 2017 with $71.4 million of cash and cash equivalents as well as $9.1 million of restricted cash; Torstar has no bank indebtedness. • Cash provided by operating activities was $23.6 million in the fourth quarter of 2017 reflecting $31.6 million of cash generated by operating activities partially offset by an $8.1 million increase in working capital. • Our net income from continuing operations was $7.8 million ($0.10 per share) in the fourth quarter of 2017. This compares to net income of $0.7 million ($0.01 per share) in the fourth quarter of 2016. Click Read More below for additional information.
The U.S Postal Service (USPS) and U.S. Postal Inspection Service (Inspection Service) today provided an update on their Project Safe Delivery campaign to crack down on postal crimes, including attacks against postal employees. Announced in May 2023, Project Safe Delivery is a USPS initiative to combat the recent rise in threats and attacks on letter carriers and mail theft incidents by protecting Postal employees and the security of the nation’s mail and packages. Multiple departments within USPS, including the Inspection Service, the Office of the Chief Information Officer, and the Office of the Chief Retail and Delivery Officer are working together to support the ongoing campaign. To help strengthen this effort, the Inspection Service has also significantly increased monetary rewards for information leading to the arrest or conviction of a perpetrator of postal crimes.
“As our nation continues to address a sustained crime wave, our targeted focus to crack down on postal crime is progressing,” said Postmaster General and Chief Executive Officer Louis DeJoy. “The safety of our letter carriers — and all postal employees — is our top priority. We will continue to work steadfastly with our law enforcement partners to increase the safety of our employees and protect the sanctity of the nation’s mail.”
“We have effectively focused our efforts with USPS on hardening both physical and digital targets to combat threats to postal employees and secure the mail. We continue to turn up the pressure and put potential perpetrators on notice; If you attack Postal employees, steal the mail, or commit other postal crimes, Postal Inspectors will bring you to justice,” said Chief Postal Inspector Gary Barksdale. “We ask that the public assist us with our mission. Our rewards for information have increased substantially, highlighting the importance of the safety and security of our employees and the mail. If you see something, say something, and help us bring to justice those that cause harm to postal employees, steal mail, or commit other postal crimes.”
more at: https://about.usps.com/newsroom/national-releases/2023/1025-usps-inspection-service-continue-nationwide-effort-to-crack-down-on-postal-crime.htm