May 3, 2023 The Postal Service has named Ronnie J. Jarriel to a newly created vice president position to oversee fleet modernization and electrification strategy. The new position reports to Postmaster General Louis DeJoy, who said in a recent memo that this move “will accelerate the acquisition and development of our new vehicle fleet.” Jarriel’s…
The Postal Service has reported its financial results for fiscal year 2021’s second quarter (Jan. 1-March 31). Here are some highlights: • Revenue. Total revenue was approximately $18.9 billion, up 6 percent compared with the same quarter one year earlier. First-Class Mail revenue decreased by 6.1 percent, while Marketing Mail revenue declined 13.7 percent. Revenue…
USPS News Release – March 23, 2021 HIGHLIGHTS OF THE ‘DELIVERING FOR AMERICA’ PLAN – Aims to meet or exceed 95 percent network-wide, on-time delivery – Operates at break-even by FY2023 avoiding $160 billion in projected losses over the next 10 years Preserves affordable, six-day mail and expands seven-day package delivery Generates $24 billion in…
