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The U.S. Postal Service finalized a plan on Friday to slow some first-class mail deliveries as part of an initiative to reduce red ink, Reuters reported.
The plan, which takes effect Oct. 1, will revise existing service standards from one to three days to one to five days. The Postal Service will keep 61% of mail at its current level, according to the outlet.
Delivery service will also be slower for around 7% of periodicals.
Minister of Posts Louis De JoyLouis DeJoy FBI investigating political fundraiser of former Postmaster General DeJoy Postal Service raises stamps to 58 cents as part of restructuring plan Lawmakers call for an investigation into the Postal Service’s covert ops program MORE, who originally proposed the idea in March, said that while the changes may be “uncomfortable,” they are committed to delivering “to all addresses across the country, six days a week, and are working to ensure financial sustainability “.
“The addition of one or two days by the Postal Service to the current service standards for first-class mail and periodicals would allow the Postal Service to transport a greater volume of mail in the contiguous United States by surface transport. “, indicates the notice.
The postal service is heavily dependent on air transport, which can experience delays due to weather conditions, air traffic and air traffic control ground stops.
The service reportedly recorded a quarterly net loss of $ 3 billion on Friday, according to Reuters, but the loss is expected due to changes in shipments due to the pandemic.
DeJoy predicted in March that the changes would reduce about $ 160 billion of expected losses over the next decade.
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