While the United States Postal Service (USPS) has seen what could be viewed as mixed fiscal year 2023 earnings results, in that it in February it reported 1.0% operating revenue gain and a $1.0 billion net loss, a trio of parcel experts...
Data recently issued by ShipMatrix, a subsidiary of Pittsburgh-based SJ Consulting showed varied on-time performance (OTP) ranges, for weeks 47 through 49 of 2021 and including Thanksgiving and Cyber Monday, from November 14-December 4), for major parcel carriers, including UPS, FedEx, and...
Earlier this week the United States Postal Service (USPS) announced that it has named Louis DeJoy as its 75th Postmaster General and CEO. Dejoy will be replacing Megan Brennan, whom has been serving in the position since 2015, and will take over on June 15....
Familiar themes, for both volumes and earnings, remained intact for the United States Postal Service (USPS), based on fiscal first quarter results released today. Quarterly revenue, at $19.7 billion, saw a 2.9%, or $553 million, annual increase, but the USPS incurred a $1.5 billion...