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A USPS fact sheet about the proposed changes notes that the plan would have no impact on 75% of first-class mail. The combination of higher prices and slower delivery raises the risk that the USPS ...
The U.S. Postal Service wants to save $3 billion annually on changes that reflect its greater reliance on streamlined regional networks — while retaining local mail delivery times of one to ...
The plan would eliminate evening mail pickup in rural and remote areas, which could affect delivery times for areas that are more than 50 miles from a large USPS regional processing facility.
"As changes in the mailing and shipping marketplace continue, ... In 2023, first-class mail contributed to more than 30% of postal revenue, and the 10-year plan is projected to bring in an ...
The $40 billion dollar plan was meant to stabilize the Postal Service’s finances by temporarily slowing first class mail delivery, cutting post office hours, and raising prices.
Nationwide, 87% of first class, two-day mail arrived on time during the last three months of 2023, a 2.5 percentage-point decrease from the same period a year earlier, according to data published ...
The U.S. Postal Service in November reported a $6.5 billion yearly net loss as first-class mail fell to the lowest volume since 1968. On Sunday, stamp prices will have risen 46% over 2019 when ...
Of those numbers, first-class mail, letters, went from 63.8 billion to 46 billion, a 28% decline, and the number of packages went up, going from 4 billion to 7.1 billion, a whopping 78% increase.