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US Postal Service to end discounted rates for package consolidators
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US Postal Service to end discounted rates for package consolidators
Sep 11, 2024 10:22 AM

WASHINGTON, Sept 11 (Reuters) - The U.S. Postal Service

said Wednesday it will no longer offer discounted rates for

packages entered by consolidators, part of a wide ranging effort

to modernize its network.

USPS said it is entering new contracts with package

consolidator companies that consolidate large volumes of

packages for entry into various points of the network saying the

prior contracts no longer reflect operational and financial

realities. Last month, USPS said it is aiming to implement

changes that it estimates will save the agency roughly $30

billion over the next decade as it works to stem significant

losses.

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