USPS Service Performance Holds Steady at 2.5 Days

The United States Postal Service reported new delivery performance metrics for the tenth week of the second quarter for fiscal year 2023 showing consistent or improved delivery performance across all mail categories. The average time for the Postal Service to deliver a mailpiece or package across the nation remained at just 2.5 days.

FY23 second quarter service performance scores covering Jan. 1 through March 10, included:
*First-Class Mail: 91.2% of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter.
*Marketing Mail: 94.5% of Marketing Mail delivered on time against the USPS service standard, consistent with performance from the fiscal first quarter.
*Periodicals: 86.8% of Periodicals delivered on time against the USPS service standard, an increase of 2.2 percentage points from the fiscal first quarter.

The Postal Service continues to make service delivery improvements. Currently, 96 percent of the nation’s population receives their mail in less than three days and USPS is working hard to correct service-related issues in the other limited areas.
https://about.usps.com/newsroom/national-releases/2023/0317-usps-service-performance-holds-steady-at-2-5-days.htm

Related Posts

Best Buy Reports Better-Than-Expected First Quarter Results

Domestic revenue of $10.84 billion increased 37.0% versus last year. The increase was primarily driven by comparable sales growth of 37.9%, which was partially offset by the loss of revenue from permanent store closures in the past year. Domestic gross profit rate was 23.3% versus 23.0% last year. The gross profit rate increase of approximately 30 basis points was primarily driven by improved product margin rates, including reduced promotions, and rate leverage from supply chain costs. These items were partially offset by increased installation and delivery costs. International revenue of $796 million increased 23.0% versus last year. This increase was primarily driven by comparable sales growth of 27.8% and the benefit of approximately 1,000 basis points of favorable foreign currency exchange rates. These items were partially offset by lower revenue in Mexico of $69 million, which was a result of the company exiting operations from the country, as previously announced on November 24, 2020. International GAAP gross profit rate was 23.7% versus 22.3% last year.

Walmart Reports Q1 FY19 Results

•Total revenue was $122.7 billion, an increase of $5.1 billion, or 4.4%. Excluding currency2, total revenue was $120.7 billion, an increase of $3.2 billion, or 2.7%. •Walmart U.S. comp sales1,2 increased 2.1%, and comp traffic increased 0.8%. •Sam's Club comp sales1,2 increased 3.8% led by comp traffic growth of 5.6%. Tobacco sales negatively impacted comp sales by approximately 140 basis points •The company generated $5.2 billion in operating cash flow. Click Read More below for additional information.

Trade Book Publisher Sales Increased Slightly in August 2017

In August 2017, Trade publishers’ revenues (sales to bookstores, wholesalers, direct to consumer, online retailers, etc.) increased +1.0% compared to August 2016. For the year-to-date (Jan. – Aug. 2017) revenues were flat at 0.0%. AAP’s StatShot reports Trade Books in the categories of fiction books, non-fiction books and religious presses. The slight revenue increase in August 2017, compared to August 2016, came from growth in Childrens and Young Adult books (up +2.9%) and Religious Presses (up +7.8%). There was a slight decline in revenue in August and a -0.6% year-to-date decline for all tracked categories, which includes: Trade Books, PreK-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses. Click Read More below for additional information.
Back To Top
×Close search
Search