Wednesday, February 10, 2010

Work Hours Reduction Far Greater Than Mail Volume Decline

Parcel shipping: USPS reports fiscal first quarter loss of $297 million

"...fiscal 2009, USPS said it reduced work hours for the first quarter by more than 28 million, or the equivalent of 15,800 full-time employees. Work-hour reductions are being achieved through continued efficiency improvements and matching workloads to lower mail volumes, and in many categories, the USPS said it has gone beyond savings attributable only to lower volumes. As an example it cited how first quarter volumes declined 8.9 percent, while mail processing hours were driven down by more than 14 percent...."    



This Article is From: www.logisticsmgmt.com

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