USPS has launched a new service: Priority Next Day. This new direct delivery service option will allow USPS to better compete with UPS and FedEx. Clearly, USPS is looking to take advantage of the evolving small parcel shipping market and the opportunity presented by recent aggressive rate increases from its main competitors.
Here are some details about the service. You can read more about Priority Next Day here.
- Overnight delivery (utilizing USPS final-mile delivery units)
- Competitive rates featuring delivery speed and reliability
- Available in 54 markets (with more soon to be added)
- Designed for e-commerce
- Delivery area includes consignees within 150 miles of the origin
- Package weights up to 20 lbs.
TransImpact expects UPS and FedEx competitors, such as the USPS and regional carriers, to continue with new service offerings and competitive pricing to gain additional market share from the two largest parcel carriers.
Shippers should remember that many viable supply chain solutions exist beyond UPS and FedEx.
Now is a great time to review your carrier agreement with the help of the parcel experts at TransImpact. We can identify savings opportunities within your existing parcel contracts and with new potential partners. Email sales-info@transimpact.com to learn more.