POSTAL NEWS

...from various sources.

8.21.2020

USPS drafting ‘ambitious plan’ to cut delivery network costs after Nov. election

"...DeJoy said the Postal Service oversees 40,000 trips a day and that 12% of those trips were late, costing the agency up to $4 billion annually. “FedEx, UPS — everybody runs their trucks on time. That’s what glues the whole network together, our collection process to our delivery process. That was not my schedule,” he said...Postal Service will continue to allow overtime where needed..."   
Source: federalnewsnetwork.com

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8.18.2020

What’s behind Birmingham, Alabama mail delays?

"...Over the last month, Birmingham postal workers have had a hard time keeping up with demand. “We had like 4 or 5 machines taken out...Samuel added that thousands of pieces of mail are being held up, and he said that won't change until people start speaking up..."   
Source: www.wbrc.com

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8.09.2020

Mississippi trooper fatally shot working part-time job driving USPS mail truck

"... A man found fatally shot in a USPS delivery truck has been identified as a Mississippi Highway Patrol lieutenant. Local media reported Saturday that three individuals were taken into custody in connection with the shooting death the day after Lt. Troy Morris, 58, who worked part-time for the U.S. Postal Service, was found..."   
Source: www.foxnews.com

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8.08.2020

Why Stamps.com Stock Skyrocketed 120% in the First Half of 2020

"... In 2020, Stamps.com stock is up 145% through July 8, compared with the broader market's negative 1% return so far this year. That makes it the year's second best-performing mid-cap tech stock..."   
Source: www.fool.com

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