SERVICE PERFORMANCE MODERATES – STILL WORSE THAN LAST YEAR
Fairy ordinary performance by USPS last week, by recent standards. First-Class flats look terrible, but we’ll put an asterisk on that, as the sample was small, although it was evenly distributed across the country. First-Class letters were delivered on time 88.1% of the time, down just a touch from last week. Marketing Mail staid about the same as last week.
We’ll be doing some year-over-year comparisons, so stay tuned for those. Just a sneak preview: In March 2022, First-Class flats were delivered 93.8% of the time. In March 2023, First-Class flats were delivered 56.8% of the time.
