Wed. Feb 21st, 2024

US Postal Service sees volume gains in package shipping

February 12, 2024

READ FULL ARTICLE AT » Supply Chain Dive

The agency touted the “wide adoption” of its Ground Advantage service in its quarterly results as it competes against UPS and FedEx

  • The U.S. Postal Service’s package shipping segment was a bright spot in an otherwise challenging Q1 as the agency’s the only service category to see both volume and revenue growth.
  • For the quarter that ended Dec. 31, the Postal Service’s Shipping and Packages category saw revenue jump 2.7% and volume increase 5.1% year over year. Those gains outpaced all other agency service categories, many of which saw volumes fall.
  • The Postal Service noted in its quarterly report that USPS Ground Advantage, its shipping service that competes with FedEx and UPS, has seen “wide adoption with both existing and new consumer and commercial customers” since its debut in July.
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