US Postal Service weathers ‘unprecedented decline’ in international volume

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  • The U.S. Postal Service is weathering “an unprecedented decline” in international volume despite a boom in the cross-border e-commerce market, the agency’s Office of Inspector General said in a May 15 white paper.
  • Total USPS inbound international volume decreased 74% over the past five fiscal years, while outbound international volume fell 38% over the same period. Increased competition, new international supply chain models and higher prices for lightweight postal products all contributed to the decline, the OIG said.
  • To combat the volume drop, the report suggested USPS develop commercial shipping options, make the postal channel easier to use and expedite efforts to combat counterfeit, low-cost shipping labels on packages entering the U.S.

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