Operating revenue, at $80.5 billion, saw a 1.2% annual gain over fiscal year 2024, which USPS said was largely paced by its USPS Ground Advantage offering, as well as what it called strategic price increases in its mail and shipping groups. And its net loss under generally accepted accounting principles, at $9.0 billion, trailed the $9.5 fiscal 2024 net loss.
As part of the plan, DHL will move its Manhattan service center to a new 92,505-square-foot site in Jersey City, New Jersey, by the end of November 2025. The new building is about five miles from Lower Manhattan and is designed to make deliveries smoother, safer, and more efficient.
UPS said that it is installing air conditioning in 5,000 of its existing delivery vehicles in the hottest regions across the country and also testing air conditioning in the cargo area of its package cars.
The firm said that based on its estimates it expects that 2.3 million packages will be delivered over this year’s peak, representing a 5% annual gain, attributing the expected increase to one more shopping day than there was in 2024.
Effective today, August 29, the de minimis exemption, which allows shipments under $800 sent to the United States to not be subject to tariffs, officially will be removed. That was the edict delivered in a White House executive order in late July.