All articles tagged with #united states postal service
UPS has secured a new air cargo contract from the United States Postal Service, expanding their existing partnership and making them the primary air cargo provider for the postal service in the U.S. The financial terms of the deal were not disclosed.
The United States Postal Service has implemented a stamp price increase, with the cost of a first-class mail stamp rising from 66 to 68 cents. This marks the fifth rate increase since August 2021, and comes amidst criticism for rapid price hikes and their impact on mail usage. The USPS cites the need to offset inflation and address a previously flawed pricing model. Additionally, priority mail and ground prices are also increasing by over five percent.
The United States Postal Service has reduced its air mail shipments by 90% over the past two years, resulting in an estimated annual cost savings of $1 billion. This shift from air cargo to ground transportation is part of the Postal Service's efforts to improve its financial health. Currently, the majority of first-class mail and packages are being transported through the ground transportation system. The Postal Service also plans to open regional and local processing centers to address deferred maintenance and prepare for future needs. However, the Postal Service still faces unplanned costs of $6 billion this year due to inflation and other factors.
The United States Postal Service is experiencing a decline in customers due to recent mail thefts and postage price increases. Mail thefts have made residents wary of using the postal service, while the rising cost of postage, including a 32% increase in the price of Forever Stamps since 2019, has made it difficult for the postal service to convince people that mail is safe. The Alliance of Nonprofit Mailers warns that even nonprofits, who rely heavily on postage, are struggling to afford the rate increases, and the postal service needs volume to support its network.
This 1964 Rand/Cushman Mailster, a small three-wheel box van that was once a common sight on US streets as part of the United States Postal Service fleet, is up for sale for $4,500. Powered by a 7.5 horsepower Onan air-cooled flat twin, it has a top speed of 35 mph and can carry up to 500 pounds of mail. The vehicle comes in old-school Postal Livery and has sliding doors in the front and barn doors in the back. The seller claims it is roadworthy and has a clean title and current motorcycle tags.