USPS Company Profile

April 3, 2024 Experts discuss the effects of UPS replacing FedEx as USPS' main air cargo provider, and what it means for the industry.

April 2, 2024 Following the news that UPS has been awarded what it labeled a “significant air cargo contract” by the United States Postal Service (USPS), which used to be handled by its biggest competitor, FedEx, there has been no shortage of feedback and opinions on the development.

April 1, 2024 UPS lands a major contract as it replaced FedEx as USPS's primary air cargo provider.

April 1, 2024 Atlanta-based global freight transportation and logistics services provider UPS said earlier today it has been awarded what it labeled a “significant air cargo contract” by the United States Postal Service (USPS). UPS officials said that this contract takes effect immediately while also expanding the existing relationship between UPS and USPS. And the company added that after a transition period, UPS will be the primary air cargo provider for USPS, moving the majority of USPS’s United States air cargo.

January 12, 2024 The current state of the business relationship between Memphis-based freight transportation and logistics services provider FedEx and the United States Postal Service (USPS) received a fair amount of attention on the former’s fiscal second quarter earnings call late last year.

December 13, 2023 ShipMatrix observed that based on its data of millions of parcels shipped during Cyber Week pointed to online orders being delivered “at levels better than in the last several years,” with the respective OTPs for FedEx, UPS, and the USPS, coming in at 97.8%, 98.0%, and 95.2%, respectively.

September 27, 2023 A sure sign that the holiday season getting closer each day are the respective announcements made by carriers, transportation and logistics services providers, and shippers alike, announcing their “help wanted” signs have been hung, as they look for seasonal workers.

September 20, 2023 With an eye on the 2023 peak shipping season, the United States Postal Service (USPS) said it would not implement any additional surcharges on holiday shipping.

September 20, 2023 The USPS cited various investments it has made, in advance of the 2023 Peak Season, including: hiring 10,000 seasonal employees; utilizing 348 new package sorting machines; increasing daily processing capacity to approximately 70 million; moving 95% of volume via more reliable ground transportation, for First Class Mail and more than 95% of First-Class packages; and its new USPS Ground Advantage Shipping Service

August 21, 2023 Various reports published late last week indicated that Seattle-based global e-commerce giant Amazon is in the process of rebooting its Amazon Shipping service, which is designed to compete with the parcel duopoly of UPS and FedEx, that it halted at the onset of the pandemic.

August 10, 2023 Fiscal year 2023 second quarter earnings results, for the United States Postal Service (USPS), which were issued earlier this week, saw a 0.9% decrease, or $168 million, in operating revenue, to $18.6 billion, while total volume was off 11.4% annually.

May 10, 2023 USPS officials attributed the operating revenue loss to declining volumes seen mainly in the organization’s Marketing Mail and Shipping and Packages categories.

March 8, 2023 While the United States Postal Service (USPS) has seen what could be viewed as mixed fiscal year 2023 earnings results, in that it in February it reported 1.0% operating revenue gain and a $1.0 billion net loss, a trio of parcel experts told LM that the organizations is making inroads. These inroads come on the heels of its "Delivering for America 10-Year Strategic Plan” that was rolled out in March 2021 and focused on achieving financial sustainability and service excellence, in order to meet...

February 10, 2023 Fiscal year 2023 first quarter earnings results, for the United States Postal Service (USPS), which were issued yesterday, saw a 1.0%—or $206 million—increase in operating revenue, to $21.5 billion, with volumes down 1.7 billion pieces—or 4.8%—annually. While operating income increased, USPS said that it had a $1.0 billion net loss, which it said was a $519 million decrease in net loss compared to a $1.5 billion net loss, for the same quarter a year ago.

January 12, 2023 After stating in July that it was preparing to cut down on its Sunday delivery services in remote and rural areas of the United States, from 95% to 80% of the U.S. population, Memphis-based global freight transportation and logistics services provider FedEx is now reducing its Sunday delivery footprint to around 50% of the country, according to various reports.