There is a lot to monitor at the USPS, with the Postal Reform Act looking to make changes
Now that the United States Senate followed the House’s lead in signing off on the Postal Reform Act legislation, which is focused on augmenting the financial health of the long-beleaguered United States Postal Service (USPS), earlier this month, questions regarding next steps still largely remain.
And they added that the Postal Service Reform Act is a key part of the USPS’s “Delivering for America 10-Year Strategic Plan” that was rolled out in March 2021 and focused on achieving financial sustainability and service excellence, in order to meet customer and business needs.
The plan takes an ambitious approach focused on helping the USPS get on solid financial footing, as the organization has been in the red over the last 15 years.
And it calls for the USPS to continue its universal six-day mail delivery, as well as expanding seven-day package delivery, with the latter being a major revenue source for the organization. A key part of the plan stated that the USPS will generate $24 billion in net revenue, partly from enhanced package delivery services for business customers, including same-day, one-day, and two-day delivery offerings.