94 Percent First-Class Mail Delivered On Time For Third Consecutive Week

The United States Postal Service reported new delivery performance metrics through the first two weeks of the fiscal third quarter. For the week ending April 15 and the third consecutive week, First-Class Mail on-time delivery performance was nearly 94 percent. Through the first two weeks of the third quarter, the average time for delivery of a mailpiece across the postal network was 2.4 days.

Third quarter service performance scores covering April 1 through April 15 included:
*First-Class Mail: 93.6 percent of First-Class Mail delivered on time against the USPS service standard, an increase of 5.7 percentage points from the fiscal second quarter.
*Marketing Mail: 95.4 percent of Marketing Mail delivered on time against the USPS service standard, an increase of 2.8 percentage points from the fiscal second quarter.
*Periodicals: 87.7 percent of Periodicals delivered on time against the USPS service standard, an improvement of 5.8 percentage points from the fiscal second quarter.

One of the goals of Delivering for America, the Postal Service’s 10-year plan for achieving financial sustainability and service excellence, is to meet or exceed 95 percent on-time service performance for all mail and shipping products once all elements of the plan are implemented. Service performance is defined by the Postal Service as the time it takes to deliver a mailpiece or package from its acceptance into our system through its delivery, as measured against published service standards.

The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
https://about.usps.com/newsroom/national-releases/2022/0422-ninety-four-percent-first-class-mail-delivered-on-time.htm

Related Posts

The Book Sales Boom Has Ended (publishersweekly.com)

Unit sales of print books fell 8.9% in the first quarter, which ended April 2, from the same period in 2021, at outlets that report to NPD BookScan. The decline was expected, as first-quarter sales in 2021 soared 29.2% over the first period in 2020. Unit sales were 183.9 million in the most recent quarter, down from 201.9 million a year ago, but they were still up about 16% over the first quarter of 2020, when sales began to soften due to pandemic-related lockdowns. The only category to post a meaningful increase in the quarter was adult fiction. Colleen Hoover and fellow BookTok favorite Taylor Jenkins Reid were the big winners. Hoover’s It Ends with Us sold more than 400,000 copies in the first quarter, making it #1 on the category list, while Verity, with 312,000 copies sold, and Reminders of Him, with about 235,000 copies sold, were in second and fifth place, respectively, on the adult fiction chart.

U.S. Postal Service Recommends New Prices for July 2024

The U. S. Postal Service filed notice with the Postal Regulatory Commission of mailing services price changes to take effect July 14, 2024. The new rates include a 5-cent increase in the price of a First-Class Mail Forever stamp from 68 cents to 73 cents. The proposed adjustments, approved by the governors of the Postal Service, would raise mailing services product prices approximately 7.8 percent. If favorably reviewed by the commission, the price changes would include: U.S. Postal Service Recommends New Prices for July 2024: Product - Current Price - Planned Price: *Letters (1 oz.) - 68 cents - 73 cents; *Letters (metered 1 oz.) - 64 cents - 69 cents *Domestic Postcards - 53 cents - 56 cents; *International Postcards - $1.55 - $1.65; *International Letter (1 oz.) - $1.55 - $1.65.

Macy’s, Inc. Reports Third Quarter 2017 Earnings Above Prior Year and Re-affirms Full-Year Guidance

Sales in the third quarter of 2017 totaled $5.281 billion, a decrease of 6.1 percent, compared with sales of $5.626 billion in the third quarter of 2016. The year-over-year decline in total sales reflects, in part, the closure of stores previously announced by the company. Comparable sales on an owned basis were down 4.0 percent in the third quarter and down 3.6 percent on an owned plus licensed basis. Macy’s, Inc.’s operating income for the third quarter of 2017 totaled $121 million, or 2.3 percent of sales, compared to $107 million, or 1.9 percent of sales, for the third quarter of 2016. Operating income for the third quarter of 2017 totaled $176 million, or 3.3 percent of sales, excluding restructuring and other costs of $33 million and non-cash retirement plan settlement charges of $22 million. Operating income for the third quarter of 2016 totaled $169 million, or 3.0 percent of sales, excluding non-cash retirement plan settlement charges of $62 million. Click Read More below for additional information.
Back To Top
×Close search
Search