One Cent Increase in Gas Prices Cost US Postal Service $8 Million

By: NBC Email
By: NBC Email

Rising gas prices that are rippling through the economy are hitting the budgets of businesses that maintain fleets of vehicles.

With a fleet of 215,000 vehicles, it costs the U.S. Postal Service $8 million every time there is a one–cent increase in the price of gasoline according to postal authorities.

Although the post office gets discounts because of bulk purchases of gasoline and diesel fuel, the price increases are forcing officials to find more cost–efficient ways to operate. Some changes being considered include packing mail more tightly to reduce the number of vehicles needed for transportation.

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