U.S. Postal Service Ends Holiday Surcharges for Competitive Edge
The U.S. Postal Service has announced that it will not impose peak season surcharges during the upcoming holiday season. This marks the end of a practice that was initiated in 2020. Officials attributed this decision to more workers transitioning into long-term career positions and investments in the postal network, which have helped reduce holiday operating expenses and eliminate the need for peak surcharges. Postmaster General and CEO Louis DeJoy stated, "We are ready to handle any peak season volume in a superior and routine manner. That is why we will not be adding any additional surcharges for our customers during this peak period. We will continue to be the most affordable way to mail and ship during the holiday season."
This move comes as the Postal Service aims to improve its financial health and compete with other parcel carriers as part of its 10-year transformation plan. While FedEx and UPS will still impose peak season surcharges starting in October, the Postal Service's decision is seen as a competitive advantage, attracting shippers looking for cost-effective and reliable holiday shipping options. The Postal Service has increased its processing capacity, added sorting machines, and is hiring 10,000 seasonal employees to accommodate the anticipated surge in holiday activity, aiming to ensure on-time delivery reliability.
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