U.S. Postal Service Delivery of Mail Sees Across-the-Board Improvements

The United States Postal Service announced today improved deliveries of First-Class Mail, Marketing Mail and Periodicals since the second quarter as its operations continue to recover from challenges experienced during the COVID-19 pandemic.

Since the second quarter, delivery performance against existing USPS service targets showed the following improvements:
*A 9.5 percentage point improvement in First-Class Mail deliveries, as 87.6 percent were delivered on-time against the USPS service standard in May. On average, a first-class mailpiece took 2.4 days to be delivered so far this quarter.
*A 5.5 percentage point improvement in delivery of Marketing Mail to 90.6 percent against the USPS service standard in May. On average, a marketing mailpiece took 2.9 days to be delivered so far this quarter.

“While we are encouraged by the progress we have made on service performance so far this year, there is more work to be done to meet and exceed the expectations of our customers for service reliability,” said Postmaster General and CEO Louis DeJoy. “The entire United States Postal Service is fully committed to addressing long-standing challenges head-on as we emerge from the pandemic.”

While mail delivery operations and package processing continue to improve, the Postal Service reported staffing issues, including employee absenteeism, continue to be a challenge as the agency recovers from the COVID-19 pandemic. During the month of May, national employee availability was 78 percent.

Aligned with its goal of achieving the 95 percent service performance delivery target, the Postal Service recently announced network enhancements and investments currently underway to prepare for the 2021 holiday peak season. These initiatives include: the procurement of 138 package sorters to meet higher package volume, the leasing of 45 annex facilities within 5 miles of existing facilities to accommodate surges in demand ahead of the 2021 peak holiday season, and the completion of operational mail moves previously paused in 2015 at 18 facilities.

With full implementation, the Postal Service’s 10-year plan is designed to reverse a projected $160 billion in operating losses over the next 10 years. The Plan’s growth and efficiency initiatives, including the proposed pricing changes, together with necessary legislation, should allow the Postal Service to make investments totaling approximately $40 billion over the next 10 years to modernize and improve its infrastructure to become more efficient and service responsive.

In 2020, the Postal Service delivered approximately 129.2 billion pieces of mail and packages to customers located in every state and territory, county, city, town and rural area in the nation.

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/2021/0603-usps-delivery-of-mail-sees-across-the-board-improvements.htm

Related Posts

Torstar reaches exclusive deal with The Wall Street Journal

The Wall Street Journal’s award-winning business news and analysis is coming to Canada! Effective Tuesday, June 12, Torstar daily newspapers and websites across the country will begin publishing a limited sample of articles from The Wall Street Journal, the world’s pre-eminent source of financial news and information. Also starting Tuesday, June 12, the Toronto Star, Torstar’s flagship newspaper, will launch Star Business Journal, a major new initiative with both print and online editions featuring articles on business, the economy, technology and markets from The Wall Street Journal. Click Read More below for additional information.

Costco Wholesale Corporation Reports December Sales Results

Costco Wholesale Corporation reported net sales of $14.94 billion for the month of December, the five weeks ended December 31, 2017, an increase of 14.3 percent from $13.07 billion during the similar period last year. For the first 17 weeks of fiscal year 2018 ended December 31, 2017, the Company reported net sales of $46.06 billion, an increase of 11.9 percent from $41.18 billion reported during the similar period last year. Click Read More below for additional information.

Bloomsbury Unaudited Interim Results for the six months ended 31 August 2021

Commenting on the results, Nigel Newton, Chief Executive, said: “Bloomsbury delivered excellent results in the first half with year-on-year revenue growth of 29% to £100.7 million and profit growth of 225% to £12.9 million. These are our highest ever first half sales and profits. These results demonstrate the strength and resilience of our strategy of publishing for both the consumer and academic markets, and our growth of digital revenues. Both divisions had outstanding performances. The Consumer division continued the momentum of last year with 29% revenue growth and a £5.6 million increase in profit before tax and highlighted items to £8.4 million. Bestsellers during the period included Tom Kerridge’s Outdoor Cooking, Piranesi by Susanna Clarke, A Court of Silver Flames by Sarah J. Maas, The Priory of the Orange Tree by Samantha Shannon and The Song of Achilles by Madeline Miller. Since the period end Bloomsbury authors have won two of the most important prizes in the literary world, The Nobel Prize for Literature and The Women’s Prize, which were won by Abdulrazak Gurnah and Susanna Clarke respectively. We congratulate them both. The Non-Consumer division saw 27% growth and a £3.2 million increase in profit before tax and highlighted items to £4.6 million. Bloomsbury Digital Resources grew by 44% in addition to a very strong recovery in print sales, which grew by 34%. The focus on our online academic digital resource strategy means we are well placed to continue to benefit from the accelerated shift by academic institutions to digital products to support hybrid learning.
Back To Top
×Close search
Search