USPS Fourth-Quarter Service Performance Improvements Include Highest Performance Level in Marketing Mail Service in 5 Years

The U.S. Postal Service reported updated fiscal fourth-quarter service delivery performance that showed continued improvements versus the third quarter ended June 30 across all First-Class, Marketing and Periodical mail categories.

Quarter-to-date service performance data for July 1 through August 20 included:
*First-Class Mail: Delivered 88.8 percent of First-Class Mail on time against the USPS service performance standard, an improvement of 1.3 percentage points from the third quarter.
*Marketing Mail: Delivered 92.7 percent of Marketing Mail on time against the USPS service performance standard, an improvement of 1.7 percentage points from the third quarter.
*Periodicals: Delivered 82.1 percent of Periodicals on time against the USPS service standard, an improvement of 2.9 percentage points from the third quarter.

Additionally, for the week of August 14-20, the Postal Service achieved its highest level of service performance recorded for the Marketing Mail category in five years, matching a previous high (93.9%) recorded in August 2016.

“Service performance is steadily improving – particularly for Marketing Mail, a leading indicator of our performance – and a growing number of our customers are experiencing the benefits,” said CEO and Postmaster General Louis DeJoy. “Still, we continue to work tirelessly to improve and upgrade our network, invest in and hire more people, and increase the reliability of our service to the American public, as we stay focused on achieving financial sustainability and service excellence.”

Also contributing to recent service delivery improvements have been a strategic shift to more ground deliveries and less reliance on the limited cargo capacities of third-party air carriers.
more at: https://about.usps.com/newsroom/national-releases/2021/0826-usps-fourth-quarter-service-performance-improvements.htm

Related Posts

Britain’s Postal Workers Begin Voting on Strike (printweek.com)

The ballots have today (28 June) began landing at the homes of members of the Communication Workers Union (CWU), which represents postal workers, and the result will be known on 19 July. The union is demanding that Royal Mail Group negotiates with it to secure a “straight, no strings pay increase” for employees. At the time of writing, management intends to impose a 2% pay rise by executive action. The CWU said that in an economic climate where inflation has already soared to 11.7% by May, this would mean “a dramatic real-terms wage cut of Royal Mail employees, who were key workers during the height of the pandemic”. A CWU spokesperson said: “Britain’s postal workers are being forced into accepting a massive pay cut by the same people they have generated incredible profits for.

Magazine publisher Meredith sues IRS for $12 million refund (KCCI.com)

The publisher of Better Homes & Gardens and Martha Stewart Living asked the court to order a refund in a lawsuit filed Monday in federal court in Des Moines, where the company is headquartered. The lawsuit says Meredith historically has claimed a deduction on income derived from production of its magazines and books. Last year the IRS disallowed the deduction and ordered payment of additional taxes for 2006 through 2012 saying Meredith didn't maintain ownership of the publications while they were running through the contract printers' presses. Meredith says that's a misinterpretation of the law. Click Read More below for additional information.

L Brands Announces Partnership with Next PLC for Victoria’s Secret UK

L Brands, Inc. announced a partnership with Next PLC for its company-owned Victoria’s Secret business in the United Kingdom and Ireland. Under the agreement, which is subject to regulatory clearance, Victoria’s Secret U.K. and Next PLC have formed a joint venture (“JV”), where the JV will acquire the majority of the assets of the Victoria’s Secret U.K. business that is currently in Administration. The newly formed JV will operate all Victoria’s Secret stores in the U.K. and Ireland, subject to agreeing to terms with landlords. The U.K. digital (online) business, which is currently operated by Victoria’s Secret in the United States, will be folded into the JV in Spring 2021. Under the terms of the agreement, Next PLC will own 51 percent of the JV, while Victoria’s Secret will own 49 percent.
Back To Top
×Close search
Search