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In 2023, Canada Post spent $4.9 billion on labour costs against $6.9 billion in revenue, with operating costs per hour for parcel delivery ranging from $50 to $60 versus industry benchmarks of $40 to $50. [9] Unlike many Crown corporations, Canada Post is not taxpayer-funded and must sustain itself entirely on its own revenues. [10] [11]
It was also used by Canada Post. The LLV uses a chassis built by General Motors based on its Chevrolet S-10 with an aluminum body built by Grumman. In 2021, after a long competition, the USPS announced it had awarded a $6 billion contract to Oshkosh Defense to produce the Next Generation Delivery Vehicle, which will replace
The 2020 United States Postal Service crisis was a series of events that caused backlogs and delays in the delivery of mail by the United States Postal Service (USPS). The crisis stems primarily from changes implemented by Postmaster General Louis DeJoy shortly after taking office in June 2020.
Did you hear the one about the U.S. Postal Service wanting to stop delivering mail on Saturdays? Actually, that's nothing. Up in Canada, the postal service says it's planning to quit delivering ...
That would come at a time when the postal service has already seen a sharp drop in first-class mail volume, which has slipped to 28% to 46 billion pieces in 2023 from almost 64 billion pieces in ...
In 2020, the Postal Service implemented several changes, which included cutting overtime and limiting post office hours, which workers said were causing massive delivery delays, according to ...
This created a 30-day backlog, causing Canada Post to temporarily suspend Canada-bound mail [43] and post $270 million in losses for 2018. [44] Canada Post struggled to adapt to the growth of e-commerce parcel delivery throughout the 2010s and 2020s, losing more than $3 billion between 2018 and 2024 and racking up over $1 billion in debts. [45]
“The nature of USPS’s network changes has now raised significant concerns including the potential for degraded rural service due to fewer facilities, delayed delivery of election mail that ...