Follow us on Twitter, Instagram, Pinterest, and LinkedIn. The Postal Service released a post-election analysis outlining the steps it took to deliver a historic number of ballots and Election Mail volume. Postal Service. USPS refused to release any statistics to CNN -- on mail volume or employee coronavirus quarantine rates -- but APWU National president Mark Dimondstein confirmed to CNN that there are now upwards of 18,750 USPS employees across the US on the quarantine list every day. In the near term the Postal Service anticipates that these trends will accelerate as the nation experiences a surge in e-commerce as a result of quarantines, shelter-in-place orders and travel and logistics restrictions in connection with the COVID-19 pandemic. Copyright© 2021 United States Postal Service. For U.S. Selected Second Quarter Fiscal 2020 Results of Operations and Controllable Loss 0 —#ao On-time delivery rates have declined to 86%, … The facts in this publication may be reproduced for the purpose of stating the fact itself, and in a business, informational, academic … November 2020 Nixie Volume This spreadsheet contains UAA statistics for November 2020. ... USPS still battling perfect storm of mail volume. How will this affect delivery of Priority Mail? Customers will continue to receive improved product tracking and as … Each year from 2000 through 2003, total mail volume decreased. It is estimated that the COVID-19 pandemic will substantially increase the Postal Service’s net operating loss over the next eighteen months, threatening the Postal Service's ability to operate. The US Postal Service reported its financial results for its fiscal year (October 1, 2019 – September 30, 2020) on Friday. Postal Service reported total revenue of $17.8 billion for the second quarter of fiscal 2020 (January 1, 2020 - March 31, 2020), an increase of $348 million, compared to the same period last year. COVID-19 Is Harming The U.S. Forward-looking statements contained in this release represent the Postal Service's best estimates of known and anticipated trends believed relevant to future operations. “While we continue to conserve capital and reduce expenses in areas where volumes are declining, our ability to continue to serve the nation will require substantial funding from the federal government or other sources.”. Forward-Looking Statements Regular Mail Delivery. However, actual results may differ significantly from current estimates. ... (@RanFast2) December 17, 2020. USPS Experiencing Unprecedented Volume Of Packages USPS SAYS IT'S EXPERIENCING AN UNPRECEDENTED VOLUME OF PACKAGES AND LIMITED EMPLOYEES TO PROCESS THEM DUE TO COVID-19 December 16, 2020 Want to save time and ship from home? And … "As Congress and the Administration take steps to support businesses and industries around the country, it is imperative that they also take action to shore up the finances of the Postal Service, and enable us to continue to fulfill our indispensable role during the pandemic, and to play an effective role in the nation’s economic recovery. 2  Net amounts include changes in assumptions, valuation of new claims and revaluation of existing claims, less current year claim payments. "Although the pandemic did not have significant impact on our financial condition in our second quarter, we anticipate that our business will suffer potentially dire consequences for the remainder of the year, and we are already feeling those impacts during the last half of March. The Postal Service released a post-election analysis outlining the steps it took to deliver a historic number of ballots and Election Mail volume. Find information on our most convenient and affordable shipping and mailing services. Priority Mail's two-day and three-day service commitments will be extended to three days and four days, respectively. U.S. Payments are to be made through 2043 based on OPM invoices. USPS is experiencing unprecedented volume increases and limited employee availability due to the impacts of COVID-19. The US Postal Service is working around the clock to ensure a timely delivery this year. The 2020 amounts are based on updated Postal Service estimates resulting from revised actuarial assumptions. The delays have had substantial legal, political, economic, and health repercussions. This growth was due to one-time mailings associated with the 2020 U.S. Census, otherwise First-Class Mail revenue and volume would have each declined. In fiscal 2019, shipping and packaging accounted for just 4.3% of total mail volume but 32% of revenue. While Shipping and Packages […] The Postal Service has and will continue to serve its customers during this crises through the delivery of medicine, essential consumer staples, benefits checks, and important information, but does not expect its package revenue growth over the medium to long term to offset its losses in mail service revenue caused by COVID-19. “We are unable to predict the duration of COVID-19 business closures and the duration of the recession we are currently experiencing; however, this situation will materially damage our financial condition," said Chief Financial Officer Joseph Corbett. USPS in Syracuse handling historic volume of mail during Christmas delivery crunch Local News Posted: Dec 22, 2020 / 04:12 PM EST / Updated: Dec 22, 2020 / 05:14 PM EST Through mid-December, parcel volume increased 15% nationwide compared to the same time last year. Christmas shipping delays 2020:Target, Postal Service, others warn of high volume nationwide amid COVID-19 Complaints about delays of mail delivery have plagued the Postal Service in 2020. December 9, 2020 in Memo 509 // USPS 2020 RESULTS: Marketing Mail Volume -15%, Package +18%, First-Class -4% December 9, 2020 in memo 508 // Pitney Bowes Rings Closing Bell at NYSE To Mark 100th Anniversary WASHINGTON – The U.S. This holiday season, the USPS says it's delivering a historic volume of mail and packages. ... More: Christmas shipping delays 2020: Target, Postal Service, others warn of high volume … Certain forward-looking statements included in this release use such words as “may,” “will,” “could,” “expect,” “believe,” “plan,” “estimate,” “project” or other similar terminology. Payments are to be made through 2056 based on OPM invoices. Welcome to USPS.com. 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