USPS

Will USPS survive the tanking of its direct mail revenue?

USPS needs to survive the tanking of its direct mail revenue (Photo: Jim Allen/FreightWaves)

All has not been well with the U.S. Postal Service (USPS) since the COVID-19 outbreak. Since March, it has curtailed international services in over 100 markets across the world.

While this contributed to a slide in revenue, the USPS faces a real crisis within its bulk mail and advertising segment – its primary revenue source. A dramatic fall in its main revenue stream has led to a state of alarm within the logistics major, as the USPS will battle insolvency later this year if it fails to receive...

https://www.freightwaves.com/news/will-usps-survive-the-tanking-of-its-direct-mail-revenue

International shipping holds promise for retailers post-COVID-19

International shipping holds promise for retailers post-COVID-19 (Photo: Jim Allen/FreightWaves)

As the pandemic continues to wreak havoc across global economies, U.S. retailers with a global footprint have felt the pinch, with demand for products continuing to fluctuate. Logistics services have also been affected, with freight forwarders like the U.S. Postal Service (USPS) stopping delivery services across more than 100 international markets. 

Thousands of businesses that depended on USPS for its international deliveries were left stranded, as they rushed to find alternatives for pushing...

https://s29755.pcdn.co/news/international-shipping-holds-promise-for-retailers-post-covid-19

Today’s Pickup: DHL, REEF Technology launch eco-friendly cargo bike pilot

Good day,

DHL Express is partnering with parking and logistics magnate REEF Technology to pilot the use of four new low-power electric-assist e-Cargo Cycles for deliveries across Miami. The three-wheeled cycles are equipped with accompanying cargo containers and are capable of pulling up to 400 pounds or holding 60 cubic feet in volume.

The companies are bringing the e-Cargo Cycles to Miami as part of the DHL GoGreen strategy to reduce its carbon footprint. DHL’s short-term goal is to implement...

https://s29755.pcdn.co/news/todays-pickup-dhl-and-reef-technology-launch-eco-friendly-cargo-bike-pilot-in-miami

USPS on horns of dilemma as it weighs parcel rate hikes

On Thursday afternoon, The Washington Postreported that the quasi-governmental agency has begun a review of its final-mile parcel delivery business with an eye toward implementing a significant rate increase. USPS has been raising its last-mile delivery rates for several years, and any dramatic escalation at this time could drive business to rivals FedEx Corp. (NYSE:FDX) and UPS Inc. (NYSE:UPS), and compel Amazon.com Inc., (NASDAQ:AMZN) USPS’ largest shipper, to shift more deliveries into its...

https://s29755.pcdn.co/news/usps-on-horns-of-dilemma-as-it-weighs-parcel-rate-hikes

USPS Ships Mail by Ocean Carriers Due To COVID-19 Airfreight Crunch

  • USPS is shipping mail and parcels to ten European countries via ocean freight.
  • This is due to widespread flight cancellations and restrictions due to COVID-19.
  • The first batch of mail shipped to Europe is carrying five containers of mail weighing 32,768 kilograms.
  • Shipping mail and parcels in this manner can delay and add uncertainty to arrival times.

According to an article published in Supply Chain Dive, the United States Postal Service (USPS) is shipping mail and parcels to ten European...

http://mfame.guru/usps-ships-mail-by-ocean-carriers-due-to-covid-19-airfreight-crunch/

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