Alliance of Nonprofit Mailers on LinkedIn: Higher USPS revenue ‘still not enough’ to outpace costs, DeJoy tells board (2024)

Alliance of Nonprofit Mailers

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USPS Governor Dan Tangherlini, a former administrator of the General Services Administration, said the agency’s financial position “continues to degrade.”“Operating costs are not falling below our improving revenue, and most importantly, service is not improved at the same rate as price increases,” Tangherlini said.First-class mail revenue increased by more than 2%, despite a 3.4% decrease in volume. USPS has raised prices on its mail products twice a year for the past years. It raised the price of a first-class stamp to 73 cents in July — up from 68 cents.“While the board remains committed to the imperatives expressed in the Delivering for America plan to rebuild USPS infrastructure and systems, I’m concerned about implementation performance and our ability to maintain customer support for these hard and necessary changes,” Tangherlini said.https://lnkd.in/e-utk3_R

Higher USPS revenue ‘still not enough’ to outpace costs, DeJoy tells board https://federalnewsnetwork.com

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Alliance of Nonprofit Mailers on LinkedIn: Higher USPS revenue ‘still not enough’ to outpace costs, DeJoy tells board (29)

Alliance of Nonprofit Mailers on LinkedIn: Higher USPS revenue ‘still not enough’ to outpace costs, DeJoy tells board (30)

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Alliance of Nonprofit Mailers on LinkedIn: Higher USPS revenue ‘still not enough’ to outpace costs, DeJoy tells board (2024)

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