Postal Service slashes air cargo by 90% over 2 years as part of cost-cutting effort
WASHINGTON — The U.S. Postal Service has reduced its volume of shipments by aircraft by 90% over two years, putting the service on course to save $1 billion in annual transportation costs, U.S. Postmaster General Louis DeJoy said Tuesday.
More... WASHINGTON — The U.S. Postal Service has reduced its volume of shipments by aircraft by 90% over two years, putting the service on course to save $1 billion in annual transportation costs, U.S. Postmaster General Louis DeJoy said Tuesday. More than 95% of first-class mail and 95% of first-class packages are currently moving through the postal service’s ground transportation system, he said.
Those efforts will have to continue after the Postal Service on Tuesday reported a projected $6 billion in unplanned costs this year because of inflation, unexpected retirement costs and other factors, he told the Board of Governors.
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