USPS Enters the Holiday Shipping Season with the Best Service Performance Condition Ever Measured for Marketing Mail

The U.S. Postal Service reported service delivery performance scores showing First-Class Mail and Periodicals continuing to climb through the first five weeks of the fiscal first quarter. With fiscal year 2021 fourth quarter and fiscal year 2022 first quarter-to-date service performance scores above 92 percent, the Postal Service enters the holiday shipping season in the best service performance condition ever measured for Marketing Mail.

First quarter-to-date service performance scores covering the period Oct. 1 through Nov. 5 included:
*First-Class Mail: 91.2 percent of First-Class Mail delivered on time against the USPS service standard, an improvement of 3.2 percentage points from the fourth quarter.
*Marketing Mail: 92.3 percent of Marketing Mail delivered on time against the USPS service standard, a slight decrease of .3 percentage points from the fourth quarter.
*Periodicals: 82.9 percent of Periodicals delivered on time against the USPS service standard, an improvement of .8 percentage points from the fourth 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 mailpiece or package from its acceptance into our system through its delivery, as measured against published service standards.

The Postal Service’s preparations for the anticipated higher delivery demands of the 2021 holiday peak season continue. Ongoing efforts have included a national drive to hire delivery and plant personnel that is expected to result in an additional 40,000 seasonal hires by year-end; the leasing of 7.5 million square feet of additional space across more than 40 annexes with multiyear leases to address space constraints due to parcel growth; the leasing of an additional 4 million square feet of annex space dedicated to peak season operations; and the installation of new processing equipment to accommodate higher volumes reflecting customers’ delivery needs.
more at source: https://about.usps.com/newsroom/national-releases/2021/1112-holiday-shipping-season-with-best-service-performance.htm

Related Posts

Minimum wage increases go into effect in these 22 states (chainstoreage.com)

The new year brought with it minimum wage increases in more than 20 states — with more to come later in the year. Higher minimum wages took effect on Jan. 1 in 22 states (see list at end of article). The hikes come as the federal minimum wage remains unchanged since 2009, at $7.25 an hour. With the new wage hikes, employees in seven states — California, Connecticut, Maryland, Massachusetts, New Jersey, New York, Washington — along with Washington, D.C. and 41 cities and counties will be guaranteed baseline pay of $15.00 or more an hour. (Some cities and counties set their own minimum wages.) At the same time, 20 states — primary located in the South and parts of the Midwest — will continue to have a legal minimum wage of $7.25 in 2024.

Macy’s, Inc. Reports First Quarter 2024 Results

First Quarter Highlights *Diluted earnings per share of $0.22 and Adjusted diluted earnings per share of $0.27. *Net sales of $4.8 billion, down 2.7% versus the first quarter of 2023. *Comparable sales down 1.2% on an owned basis and down 0.3% on an owned-plus-licensed-plus-marketplace basis. *Gross margin rate for the quarter was 39.2%, down from 40.0% in the first quarter of 2023

Walgreens Boots Alliance Reports Fiscal 2022 Third Quarter Results

Third quarter highlights: *Third quarter earnings per share (EPS*) from continuing operations decreased 73.8 percent to $0.33, compared with EPS of $1.27 in the year-ago quarter; continuing operations adjusted** EPS decreased 30.0 percent to $0.96, down 28.9 percent on a constant currency basis against strong growth of 93.6 percent in the year-ago quarter reflecting peak COVID-19 vaccine volumes *Year-to-date EPS from continuing operations increased 190.6 percent to $5.49, compared with EPS of $1.89 in the year-ago quarter; continuing operations adjusted EPS increased 13.3 percent to $4.23, up 13.9 percent on a constant currency basis *Third quarter sales from continuing operations decreased 4.2 percent over the year-ago quarter to $32.6 billion, down 2.8 percent on a constant currency basis including a 720 basis point impact from AllianceRx Walgreens as anticipated *Third quarter operating income from continuing operations decreased to a loss of $320 million, compared to operating income of $1.1 billion in the year-ago quarter; adjusted operating income from continuing operations was $1.0 billion, down 33.5 percent on a constant currency basis *WBA sold 6.0 million shares of AmerisourceBergen common stock, with proceeds of $900 million *Completion of Boots strategic review, with decision to retain the business
Back To Top
×Close search
Search