The U.S. Postal Service has reduced its volume of shipments by aircraft by 90% over two years, putting the service on course to save $1 billion in annual transportation costs, U.S. Postmaster General Louis DeJoy said Tuesday.
It is part of DeJoy's broader effort to reduce operating costs, increase revenue from packages, and ensure timely deliveries, along with adjusting postage costs to mitigate inflation and expanding delivery points over the next 17 months.
"We continue to manage the costs within our control, such as by reducing work hours by 6 million hours compared to the same quarter last year and by focusing on transportation and other operating costs," Chief Financial Officer Joseph Corbett said.
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