Slower U.S. courier standards take effect Friday

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A U.S. Postal Service (USPS) plan goes into effect Friday to slow some first-class mail deliveries as part of efforts to reduce red ink as the U.S. Congress continues to consider a financial aid plan for the cash-strapped post office.

The new standards https://www.reuters.com/world/us/us-postal-service-finalizes-plan-slow-some-mail-deliveries-2021-08-06, which were finalized in August, revise those existing – service standards of three days to one to five days and will affect approximately 40% of first class mail. Delivery standards will be slower for about 7% of periodicals. Some large US companies are sending notices to customers to take into account the extra time when sending invoices.

USPS recommends https://about.usps.com/what/strategic-plans/delivering-for-america/assets/USPS-Fact-Sheet_FCM-Service-Standard-Change.pdf that “if it would take you longer than a day to get your mail to its destination, be sure to give your long-haul mail a little extra time to travel with USPS. ” The USPS also plans from October 3 to temporarily increase the prices of certain parcel shipments again for the 2021 holiday peak season.

Postmaster Louis DeJoy proposed in March to cut projected losses by $ 160 billion over the next decade, with changes in service standards a key element. The USPS has experienced poor delivery performance over the past year, facing a huge increase in packages and staffing issues due to COVID-19.

In late August, the USPS raised prices for first-class stamps to 58 cents from 55 cents. The USPS has reported net losses of more than $ 90 billion since 2007. One reason is the 2006 legislation requiring it to pre-fund more than $ 120 billion in pension and retirement liabilities, a requirement which unions have called an unfair burden not shared by other companies.

Congress is considering a plan to provide the USPS with $ 46 billion in financial relief over 10 years, including eliminating the requirement that the USPS pre-fund retiree health benefits for 75 years. United Postmasters and Managers of America President Daniel Heins told members on Wednesday that the Postal Reform Bill https://www.reuters.com/world/us/us-house-panel- approves-46b-financial-relief- postal-service-2021-05-13, which was approved in May by the House Oversight and Reform Committee, is awaiting consideration by the Ways and Means Committee.

Heins said that once the panel approves the bill, “we have a commitment from the leaders of the House of Representatives that they will put it to a vote” and that is scheduled for October.

(This story was not edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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