USPS plans new changes to your mail, from January 1
The agency has just offered new incentives to help resolve the drop in mail volume.
In recent years, the American postal service (USPS) was busy working to withdraw from financial ruin. In 2021, the agency introduced its delivery initiative for America (DFA), which is a 10 -year plan dedicated to the postal service presentation on the right track. As part of this transformation, customers have already been struck by several changes in the past two years - including the constant increase in mail price . But now the postal service provides for new adjustments to compensate for a drop in messaging volume that could reduce costs for certain customers. Read the rest to learn more about the USPS changes expected for next year.
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The postal service has just reported a drop in the volume of mail.
In an August 8 Press release , the USPS announced its results for the third quarter of the 2023 fiscal year (which ended on June 30), and one of the largest areas of concern was the drop in the postal service for mail volume.
According to the report, the volume of first -class mail decreased by 678 million parts, or 5.9%, compared to the same period last year. Meanwhile, the volume of marketing mail fell by 2.6 billion parts, or 16%.
"Marketing mail decreases were motivated by the continuous decline in advertising spending due to economic pressures suffered during most of the financial year, a higher inflationary environment affecting production costs of printed media and income and a volume of political and electoral messaging, compared to the same district of last year, due to the calendar of elections, "the agency said in its press release.
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But the agency has known this decline for years now.
However, this is not a new problem for the USPS. The postal service was designed to be financially self -sufficient, but its The corporate model broke About 15 years ago, discourse Magazine reported.
After having crossed at 213 billion parts in 2006, the agency's volume of mail began to fall, and it has not stopped since. The first -class mail was struck the worst, which exceeded 53% from 103 billion in 2001 to only 48.9 billion in 2022, according to the media.
In May Congress audience , General post Louis Dejoy said that the sharp decline in the volume of mail in the past decade and a half has "had an impact on the finance, efficiency and efficiency of the agency. The decline in the volume of first -class mail has been The "most worrying" because it is responsible for the largest contribution to the cost of the postal service network, according to Dejoy.
“At the same time, our cost to deliver the mail has increased permanently as our mail volume and our income decreased. Average of more than a million delivery points each year, "he said." In simple terms, we deliver less mail to more delivery points each year, which meant less income to cover the growing costs each year. "
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USPS is planning new changes accordingly.
During the hearing, Dejoy told those responsible that these trends should continue in the next decade, with a total drop of 36% of the volume of mail provided by the 2030s. In an attempt to compensate for this, the USPS "launches a new initiative To solve the decline in messaging volume, "reported the Federal News Network.
In a August 11 Press release , the postal service announced that it had filed an opinion from the Postal Regulatory Commission (RPC) of the plans offered to make certain modifications of the Courier Classification Calendar (MCS). These adjustments will allow the USPS to establish two new incentives for mail growth: growth incentive by first -class mail and an incentive to growth in marketing mail.
"These two incentives will encourage mail owners to increase the volume of first -class mail and marketing entering the network while providing them with a drop in postal costs on progressive growth - going to mail owners to maximize the total yield of Investments, by providing additional savings and additional savings and strengthening the value of the mail, "the agency said in its press release.
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Mail growth incentives should start next year.
These modifications aim for large sender to help increase the amount of mail provided by USPS after years of decline, said Federal News Network. If it is approved by the PRC, the incentives will take place from January 1, 2024 to December 31, 2024.
Meanwhile, mail owners will have the opportunity to receive postal credits for helping to develop first-class mail and mail mail volumes beyond basic lines, according to a Industry separate alert postal service.
"Among the requirements to be eligible to claim the postage credits in each of these incentives, an owner of mail must register for the incentive ... Mail at least one million qualification documents in calendar year (CY) 2024 and (c) Parts more eligible by mail in CY 2024 than by post during the financial year (FY) 2023, "The USPS said its alert. "Mail owners can participate in incentives for growth by mail or both, but the incentives cannot be combined in order to reach minimums of a million parts or other purposes."
As long as the incentives are approved by the PRC, the agency plans to start registration for customers interested in participating in November.
"Appliance credits will be issued to qualified mail owners after six months, nine months and twelve months from the start of CY 2024 and may be used on future shipments until December 31, 2025," said USPS .
