Page 11 - Parcel Select News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The U.S. Postal Service is making several changes that'll impact mail delivery.

Share: The U.S. Postal Service has emerged, bloodied and more than a bit bowed, from the most difficult year in its long history. But beyond the COVID-19 pandemic, the presidential election and the tussles with former President Donald Trump lies an existential crisis for the Postal Service: how to remain viable when most of the macro-trend winds are blowing in its face. First-class and marketing mail, the traditional cores of the Postal Service, continued their secular declines in 2020, a downward trajectory accelerated by the pandemic. The shipping and package business is currently the lone ...

Share: The combined COVID-19 stimulus and government funding bill passed by Congress Monday night effectively forgives a $10 billion loan made to the United States Postal Service under the CARES Act signed into law in late March, according to a person familiar with the matter. Lawmakers agreed to language in the Consolidated Appropriations Act of 2021 that would convert the loan from the Treasury Department to a grant. This means the Postal Service would not need to repay the loan and still keep the money. It is unclear if that is the only provision in the bill that affects the Postal Service...

UPS, FedEx Diverge on Last-Mile Surcharges December 23, 2020 UPS announced its extension of shipping surcharges for 2021, with some similarities and some differences from what was put out last week by FedEx. Most notable was a steeper price drop for the surcharge on UPS’s SurePost last-mile service, used by many smaller ecommerce shippers, as FedEx may be covering the cost of shifting volume from the U.S. Postal Service into its own ground network. UPS remains a heavy user of the USPS. As of Jan. 17, UPS is dropping the surcharge on its SurePost and ground services from the current volume-b...

Heavy Volume, Weather Compounding Holiday Peak Strain December 16, 2020 Heading in the home stretch of the holiday peak season in an extraordinary year, and past the cutoffs for Christmas delivery by ground at the major parcel carriers, transit time performance is holding up well even though expected reports of delays are appearing across the board. From Oct. 1 through Dec. 5, UPS has posted the highest on-time performance, in the 97%-98% range, according to data from ShipMatrix, followed by FedEx (95%-97%) and the U.S. Postal Service (93%-97%). Many retailers have been proactive in notifying...