USPS holds merchandise from freight and cargo that go unclaimed by owners. The company sells the undeliverable goods to the general public using centralized auctions through out the year. The main method used by the Postal Service to auction off unclaimed or lost freight and cargo is through physical auctions conducted by the USPS. Other delivery companies such as FEDEX and UPS may use third parties to sell undeliverable merchandise.
Unclaimed USPS Personal Property
Unclaimed merchandise consists of undeliverable shipments and freights with unpaid fees. Damaged goods in transit are also place for sale at these public auctions. Goods shipped via USPS and other delivery companies may end up for auctions only after they become undeliverable. The merchandise condition may be new, used or damaged. Some examples of unclaimed goods sold by USPS and third party companies include:
- Auto Transporter Trailers
- Florida Department Of Transportation Traffic
- Transport Phenomena In Biological Systems Solutions
- Home Transportable
- Transport For London Tubes