BI: US Postal Service will 'continue accepting' parcels from China and Hong Kong in quick reversal
BUSINESS INSIDER reports: The US Postal Service has reversed its position on parcels from China and Hong Kong, ...
In an effort to become “a vibrant and self-sustaining organisation”, after years of extreme losses, the US Postal Service (USPS) has cut its reliance on air transport for first-class packages.
The reduction, around 90% over the past two years, brought a $1bn saving in costs and substantial climate gains.
USPS relies chiefly on FedEx for its air cargo freight and postmaster general, and CEO of USPS, Louis DeJoy said some 95% of first-class mail was now ...
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