U.S. Postal chief set to release 10-year strategic plan
WASHINGTON (Reuters) – U.S. Postmaster General Louis DeJoy is set to release a 10-year strategic plan as early as Tuesday expected to propose slowing delivery standards for some first-class mail as he seeks to put the money-losing U.S. Postal Service (USPS) on firmer financial footing, two people briefed on the matter said.
“I would suggest that we are on a death spiral,” DeJoy a U.S. House committee in February. At a separate March 11 congressional hearing, DeJoy signaled some changes, including acknowledging his plan would revise existing service standards.
The current delivery standards are “not achievable,” DeJoy said. “We cannot go to California from New York in three days without going on planes and we don’t own planes.”