USPS Ground Advantage leads Shipping and Package growth Reductions in transportation expenses reflect continued progress under the Delivering for America plan Operating revenue increase of $410 million to $19.7 billion WASHINGTON – The U.S. Postal Service today announced its financial results for the second quarter of fiscal year 2024 (Jan. 1, 2024 – Mar. 31, 2024). The net loss […]
WASHINGTON, DC — The below remarks are as prepared for delivery by Postmaster General and CEO Louis DeJoy during the open session meeting of the Postal Service Board of Governors on May 9, 2024. “Thank you, Mr. Chairman. The second quarter has been an engaging one as we have started to intensify the transformation efforts of […]
OIG Audit Report – Delivery in Northern Minnesota – 5/6/24 Background The Bemidji Post Office provides standard delivery and retail operations in a predominantly rural community in Northern Minnesota. The office also has some mail processing operations typically found inside a processing and distribution center. It processes, and subsequently, dispenses mail to 37 other delivery units in the region […]
WASHINGTON, DC — Today, 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 […]
The United States Postal Service (USPS) awarded the United Parcel Service, Inc. (NYSE:UPS) an air cargo services contract under which UPS will provide air transportation services to USPS. The letter contract, which was issued on April 1, 2024, calls for a five-and-a-half -year minimum base term. Implementation of the new contract is scheduled to begin […]
4/1/24 – The United States Postal Service (USPS) awarded the United Parcel Service, Inc. (NYSE:UPS) an air cargo services contract under which UPS will provide air transportation services to USPS. The letter contract, which was issued on April 1, 2024, calls for a five-and-a-half -year minimum base term. Implementation of the new contract is scheduled […]
Washington, DC –3/29/24 – Late in the afternoon yesterday, the Postal Regulatory Commission issued its FY 2023 Annual Compliance Determination (ACD) assessing the Postal Service’s compliance with regulations regarding rates and service performance. Each year the Commission must issue its ACD 90 days after the filing of the Postal Service’s Annual Compliance Report (ACR) (39 U.S.C. Section 3653). […]
GAO: 3/28/24 – Fun Facts: The United States Postal Service delivers mail to and from countries around the world. In 2017, we reported that USPS lost money delivering international mail to U.S. customers. USPS has been able to cover its costs by increasing certain international mailing rates. But USPS has handled significantly less international mail since […]
BISMARCK – 3/26/24 – The U.S. Postal Service (USPS) Inspector General (IG) released its interim audit of facilities in Bismarck, Mandan, and Minot, which found delayed mail and other operational deficiencies at each facility. After the release of the interim audit, the North Dakota delegation issued the following statement: “The USPS’s audit makes it clear that […]
PHILADELPHIA – 3/18/24 – The Delaware-PA2 District of the United States Postal Service will have personnel at 585 Post Offices outside the city of Philadelphia hosting job fairs on March 19, 2024, from 11 a.m. – 3 p.m. Anyone who lives in a ZIP Code beginning with 180 thru 199 outside of Philadelphia can visit […]