The US Postal Service(USPS) is losing billions of dollars a year. The government company that delivers "small mail" is losing out to email and other types of electronic communication. First-class mail amount fell from a high point of 104 million pieces in 2000 to just 64 million pieces by...
The U.S. Postal Service (USPS) announced the price increase for a First-Class Mail Forever stamp from 66 to 68 cents, which will take effect Jan. 21. Single stamps are for letters weighing one ounce or less. The additional-ounce price will remain the same at 24 cents. "As inflationary...
The price for first-class mail is just over four percent more expensive. One ounce metered mail now costs 60 cents and it now costs 48 cents to mail a postcard anywhere in the nation.
The increasing convenience and availability of electronic communications have led to a steep drop in demand for conventional rst-class mail, and the USPS has little exibility to restructure its business operations to dramatically reduce costs and raise prices. The USPS is a unique service that ...
He insisted the move is aimed at financial sustainability even though it could boost Postal Service market share and make it more costly for consolidators, who could pass on the costs to consumers. “I’m not trying to take over the package business. I’m just...
The U.S. Postal Service(USPS) is losing billions of dollars a year. The government company that delivers "small mail" is losing out to email and othertypes of electronic communication. First-classmail amount fell from a high point of 104 million pieces in 2000 to just 64million pieces by...
Material prepared for the Wednesday press conference by the postmaster general says the agency's market research and other research has indicated that nearly 7 in 10 Americans support the switch to five-day delivery as a way for the Postal Service to reduce costs. ...
The testing is aimed at seeing whether the self-driving technology can reduce transportation times and costs and improve road safety. If successful, the Postal Service could deploy the trucks permanently to move mail between major U.S. population centers. ...
"In 2024, the Postal Service once again admirably performed our role of efficiently and effectively delivering the nation’s ballots,” said Postmaster General Louis DeJoy. The inspector general's office said 46% of votes were cast by mail in the November 2020 presidenti...
As the Postal Service has determined that there is a compelling need to redesign our operating model in order to substantially reduce operating costs, significantly improve service, and enable exponential growth in our package delivery business, the SEIS scope is being adjusted to analyze potential ...