On-Time Delivery Plunges At U.S. Postal Service, With 1 In 5 Pieces Of Mail Arriving Late (From CBS News)

Lexington’s Paul Steidler was quoted extensively in a piece by CBS News’ Moneywatch about the “deterioration” of on-time mail delivery.

Steidler expressed concern over that performance decline, as delivery delays can cause inconveniences for individuals and businesses. “It’s disappointing, and it’s quite low by historic standards,” said Steidler. “It means a lot of stuff isn’t getting delivered on time. I would pay your credit card at least a week before it’s due. It means if you are expecting rent checks or have to pay a rent check, you better give yourself some extra time.”

Steidler pointed out that delivery quality continued to decline after the 2020 election and the surge in the holidays; both the first three months of 2021 and the last three months of 2020 experienced an on-time performance of just over 78 percent.

Read the full story here.