1/22/2024 0 Comments Usps finances![]() Postal Service Reports Fiscal Year 2020 Results Security controls for commercial mailers. ![]() For more information about the Postal Service, visit and. Subscribe to the USPS YouTube Channel and like us on Facebook. Follow us on Twitter, Instagram, Pinterest and LinkedIn. 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.įor USPS media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Overseen by a bipartisan Board of Governors, the Postal Service is implementing a 10-year transformation plan, Delivering for America, to modernize the postal network, restore long-term financial sustainability, dramatically improve service across all mail and shipping categories, and maintain the organization as one of America’s most valued and trusted brands. The United States Postal Service is an independent federal establishment, mandated to be self-financing and to serve every American community through the affordable, reliable and secure delivery of mail and packages to 167 million addresses six and often seven days a week. With the implementation of the Delivering for America plan, the Postal Service continues its focus on improving service reliability for the American public and business customers by modernizing the outmoded and aging postal network across the nation. Service performance is defined by the Postal Service as the time it takes to deliver a mailpiece or package from its acceptance into our system through its delivery, as measured against published service standards. One of the goals of Delivering for America, the Postal Service’s 10-year plan for achieving financial sustainability and service excellence, is to meet or exceed 95 percent on-time service performance for all mail and shipping products once all elements of the plan are implemented. The American public and American businesses can and should feel confident that their mail and packages will get where they need to be in a timely manner during this busy season. In fact, approximately 59 percent of mail and packages are delivered a day in advance of the specified service standard, and approximately 96 percent of all mail and packages are delivered within a day of its specified service standard, which evidences our ability to rapidly adjust to all conditions. The very small percentage of mail that is not delivered within this time frame is often the result of broader staffing and hiring issues within the local economies that we are working aggressively to address. ![]() That noted, we have effectively managed these expected increased package volumes along with the unexpected network disruptions outside our control as demonstrated by our continuing ability to deliver mail and packages to 98 percent of the nation’s population in less than three days. Louis, MO processing facility due to a mercury leak from an illegally shipped package resulting in a lengthy decontamination period, have and will continue to negatively impact our service performance scores through the end of this month.Īdditionally, as anticipated, we have seen and will continue to experience a significant growth in package volume throughout the nation during this peak season time period. ![]() Operational disruptions within our network, including insourcing of several Surface Transfer Centers after a supplier bankruptcy, and the extended shutdown of a critical St. Periodicals: 83.3 percent of Periodicals delivered on time against the USPS service standard, a decrease of 2.8 percentage points from the fiscal fourth quarter.Marketing Mail: 94.0 percent of Marketing Mail delivered on time against the USPS service standard, a decrease of 1.2 percentage points from the fiscal fourth quarter.First-Class Mail: 87.1 percent of First-Class Mail delivered on time against the USPS service standard, a decrease of 3.9 percentage points from the fiscal fourth quarter.The average time for the Postal Service to deliver a mailpiece or package across the nation was 2.6 days.įY24 first quarter service performance scores covering October 1 through December 1, included: WASHINGTON, DC - The United States Postal Service reported new delivery performance metrics for the ninth week of the first quarter for fiscal year 2024. 11, 2023 Service Performance Across USPS Network Remains Stable Security controls for commercial mailersĭec.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |