Follow us! >

After postage price hikes and $87 billion in losses, critics of the USPS leader say latest gambit could lead to death spiral

The U.S. Postal Service wants to save $3 billion annually on changes that reflect its greater reliance on streamlined regional networks — while retaining local mail delivery times of one to three days and allowing customers to track some delivery schedules with greater precision.

Election mail won’t be affected, officials said.

The proposal, announced Thursday, would adjust mail delivery times while maintaining a commitment to a maximum five-day delivery for the flagship Ground Advantage program nationwide and a maximum three-day delivery for local first-class mail.

Postmaster General Louis DeJoy said the changes to take place next year are necessary to “enable us to operate more efficiently and reliably, grow our business and give us a chance for a viable future” after an 80% drop in first-class mail since 1997 and a corresponding growth in packages. All told, the Postal Service has amassed more than $87 billion in losses from 2007 through 2020.

Sign up to receive our Daily Postal News blast

Related Articles

Tell us what you think below!

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Hot this week

The Power of a Tiny Postage Stamp in Breast Cancer Awareness

A stamp on my Christmas cards stirred deep memories and reminded me that small actions can make a meaningful impact in the fight against breast cancer.

10 Roads Express to shut down operations, end USPS contracts

The 10 Roads group of companies — one of the largest U.S. mail haulers — announced Monday it will wind down all operations over the next 60 days and cease service to the U.S. Postal Service (USPS) by Jan. 30

Steiner must stop the bleeding at USPS before taxpayers stuck with bill

The U.S. Postal Service has undergone a long-overdue change in leadership, but in passing the baton, outgoing Postmaster General Louis DeJoy also handed off an epic mess to his successor, David Steiner.

USPS hits 3 billion holiday packages in ‘Christmas City’ Noel

NOEL, Mo. — A package with a special number arrived at the post office in Noel — or rather during this time of year — Noël.

Does a flexible spending account make sense for you?

Flexible spending accounts, or FSAs, can help Postal Service employees reduce their taxable income and save on yearly health or dependent care costs like copays, prescriptions, over-the-counter medications and childcare costs
spot_img

Related Articles

Popular Categories

spot_imgspot_img
Secret Link
0
Would love your thoughts, please comment.x
()
x