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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 U.S. Postal Service said the proposed changes would go into effect in 2025. One critic calls it a "recipe for a death spiral." USPS says some rural mail delivery could get slower amid cost cuts
USPS proposes changes to save $3B per year, starting in 2025 By DAVID SHARP Associated Press 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 three days and track some delivery schedules with greater ...
Back in July, the price of a first-class stamp jumped from from 68 cents to 73 cents, marking the largest increase since 2019. The USPS has steadily raised postal rates in recent years, with stamp ...
The ship fee, including the ship rate on letters for delivery at the port of entry, were on a per letter basis, rather than weight. The United States issued its first postage stamps in 1847. Before that time, the letters' rates, dates, and origins were written by hand or sometimes in combination with a handstamp device. [1]
Between 2007 and 2016, the USPS lost $62.4 billion; the inspector general of the USPS estimated that $54.8 billion of that (87%) was due to prefunding retiree benefits. [13] By the end of 2019, the USPS had $160.9 billion in debt, due to growth of the Internet, the Great Recession , and prepaying for employee benefits as stipulated in PAEA. [ 14 ]
The Postal Service Reform Act of 2022 is a federal statute intended to address "the finances and operations of the U.S. Postal Service (USPS)", [1] specifically to lift budget requirements imposed on the Service by the Postal Accountability and Enhancement Act [2] and require it to continue six-day-a-week delivery of mail.
According to its website, USPS suggests the following deadlines for contiguous U.S. shipping: USPS Ground Advantage service: Dec. 18 First-Class Mail service: Dec. 18