WASHINGTON — The United States Postal Service reported new delivery performance metrics for the fifth week of the fiscal fourth quarter showing the average time for the Postal Service to deliver a mailpiece or package across the postal network was 2.5 days. The latest data shows service performance remains steady for First-Class Mail, Marketing Mail, and Periodicals.
WASHINGTON — The United States Postal Service filed notice today with the Postal Regulatory Commission (PRC) regarding a temporary price adjustment for key package products for the 2022 peak holiday season.
WASHINGTON - The U.S. Postal Service today announced its financial results for the third quarter of its fiscal year 2022 (April 1, 2022 - June 30, 2022). The enactment of the Postal Service Reform Act (PSRA) on April 6, 2022, significantly impacted the financial condition of the Postal Service, as it repealed the requirement that the Postal Service annually prepay future retiree health benefits and canceled all past due prefunding obligations. These impacts are reflected as a one-time, non-cash benefit of $59.6 billion to net income for the quarter.