Postal Service finalises plan to cut redspending

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On Friday, Postal Service finalised a plan to start cutting red ink on Monday and give some first class mail delivery as part of a plan to slow down some postal service transits effective Oct. 1.

Postmaster General Louis DeJoy proposed in March that the company revise existing one day service standards for first-class mail. USPS said on Friday that 61% of First-class mail will remain at the current standard, according to the Times New International Service.

USPS stated in a release in the Federal Register that current standards dictate it to rely heavily on air transportation, using commercial cargo transport carriers and air freight transport aircrafts.

It added that the basic logic of the changes is that the addition of one or two days to current service standards for First-Class Mail and Periodicals would enable Postal Service to deliver a larger volume of mail within contiguous United States by surface transport.

For the minority of first-class mail impacted the standard would only change by one or two days, USPS said.

In June the attorneys general of 20 states asked the U.S. Attorney General to testify before the U.S. Court of Common Pleas in June. Postal Regulatory Commission to reject plans to slow down some essential deliveries, saying allowing that to happen could harm local governments' ability to fulfill first-class functions.

DeJoy unveiled a plan in March to cut revenues estimated at $160 billion (though not very much) over the next decade with the changes in service standards a central part.

USPS has struggled with poor delivery performance over the past year, facing a massive boost in packages and staffing issues due to the coronavirus pandemic.