Postal Service Reduces Air Cargo by 90% Over Two Years
WASHINGTON — The U.S. Postal Service has reduced its volume of shipments by aircraft by 90% over two years, putting the service on course to save $1 billion in annual transportation costs.
August 9, 2023The Pony Express Rides Again
This week, mail enthusiasts, horseback riders and onlookers are celebrating the Pony Express’ 163rd anniversary with a nearly 2,000-mile trek from Old Sacramento, Calif., to St. Joseph, Mo.
Postal Service to Raise Shipping Rates Jan. 17
Rates for Priority Mail packages shipped via the U.S. Postal Service will go up on average 9.8% on Jan. 17, a move that comes at the same time that private delivery services are also raising rates.
U.S. Postal Service Orders Ram Cargo Vans
Fiat Chrysler said it will supply more than 9,000 customized cargo vans to the U.S. Postal Service for delivering mail and packages.
September 29, 2015Postal Service Reports 3Q Net Loss of $586 Million
The U.S. Postal Service reported a net loss of $586 million for its third quarter of fiscal 2015, a reduction of $1.4 billion from the net loss of $2 billion for same period last year.
August 11, 2015Could Post Office Become Highway Funding Source?
Raising the U.S. gasoline tax is out as a way to shore up the Highway Trust Fund. So is taxing drivers based on the number of miles they clock. A plan to use taxes on companies’ overseas profits hasn’t gone anywhere.
Postal Service to End Same-Day Delivery Experiment
The U.S. Postal Service will end a same-day delivery experiment in San Francisco on March 1 after it could not find enough retailers to participate, Bloomberg News reported.
February 10, 2014U.S. Postal Service to Increase Rates 2.4% in 2014
The U.S. Postal Service said it plans to increase overall prices 2.4% in 2014.
November 14, 2013U.S. Postal Service Wants First Class Stamp Hike
The financially strapped U.S. Postal Service wants to raise the price of a first-class stamp to 49 cents, Bloomberg News reported.
September 26, 2013Postal Service’s 3Q Loss Narrows
The U.S. Postal Service reported a $740 million loss for its fiscal third quarter, compared with a $5.2 billion loss in the same quarter last year, Bloomberg News reported.
August 12, 2013