News Byte: USPS Bolsters Priority Mail
Free insurance matches competitive shippers.
What is it? Inspired by an 8.8% increase in shipping revenue in Q3, the United States Postal Service (USPS) adds new features to Priority Mail service that it hopes will add $500,000 in revenue in the next year.
WIIFM? Day-specific delivery (one, two, or three-day, depending on point of origin and destination), free insurance (matching shipping competitors), and improved tracking. Tracking info will now be printed on customer receipts.
Who's talking? “Our revamped Priority Mail product line should be a game changer in the shipping marketplace. We're meeting the rising expectations of customers,” said Nagisa Manabe, chief marketing and sales officer at the USPS.