Business
U.S. Postal Service: New Plan Impact On Mail Delivery
USPS is changing mail delivery times. Here's what you need to know.
According to a report, the USPS wants to save 3 billion dollars a year which could result in some rural mail delivery getting slower. The new plan was put in place recently to cut costs and get into better financial shape.
Also See: Private Hudson Valley Yacht Club Quietly Celebrates 50 Years
As of 2023, the Postal Service operates 33,641 Post Office and contract locations in the U.S. and delivered a total of 127.3 billion packages and pieces of mail to 164.9 million delivery points in fiscal year 2022.
USPS delivers mail and packages Monday through Saturday as required by the Postal Service Reform Act of 2022; on Sundays, only Priority Express and packages for Amazon are delivered. The USPS delivers packages on Sundays in most major cities.
What Changes Will Be Made to Mail Delivery Times?
According to CBS News, under the proposed changes, all mail would still be delivered in its service standard of delivery within two to five days a USPS spokesman said. The majority of mail from rural areas is currently delivered in 3 days or less, which would continue to be the case, he added.
Mail delivery from some rural areas, however, may take an additional 12 to 24 hours, but would still arrive within a range of two to five days. In some cases, a piece of mail that might have taken three days to arrive could take four days instead, for example, the spokesman said.
A USPS fact sheet about the proposed changes notes that the plan would have no impact on 75% of first-class mail.
Big Losses at USPS
The Postal Service has amassed more than $87 billion in losses from 2007 through 2020. Details were unveiled by the Postal Service ahead of a September 5 meeting in which the proposed changes will be discussed with stakeholders before being submitted to the Postal Regulatory Commission, the USPS' regulatory body.
Election mail and holiday shipments won't be affected because the proposed changes would not take place until the next calendar year, officials said. They also added that medications should continue to be delivered at their current speed, or faster, under the proposal.
USPS Says These Items are Prohibited, Restricted, and Non-Mailable
Gallery Credit: Kat Mykals
Would You Live in This Old Post Office in New York?
Gallery Credit: WYRK
-
Business2d ago
After Three Decade This Popular Restaurant Will Close It Doors
-
Business2d ago
Trump’s plans to extend tax cuts and slash red tape will likely spur economic growth − but there’s a cost
-
Business5d ago
African countries shouldn’t have to borrow money to fix climate damage they never caused – economist
-
Business5d ago
How the Trump presidency might change the global economy
-
Business5d ago
Will the lights go out on Cuba’s communist leaders? With fewer options to prop up economy, their future looks dimmer
-
Business6d ago
FOOD and drink corporations united to showcase their merchandise and cook-up new methods to sort out poverty and profit the Welsh economic system.
-
Business6d ago
How FII Institute CEO Richard Attias Earns the Trust of Global Elites
-
Business6d ago
[PHOTOS] Tour Marlboro’s New Luxury Apartment Community