Postal Service Losses Up Even As Package Revenue Jumps 6.1%
The U.S. Postal Service saw revenue jump for the 2019 fiscal year ended Sept. 30, thanks largely to an increase in package volume.
Universal Postal Union Rejects Trump’s Favored Reform Plan
In a showdown Sept. 24 at a Universal Postal Union meeting, countries rejected the Trump administration’s favored approach to an international mail problem that is making the U.S. consider leaving the 145-year-old body.
Trade Feud May Impact Parcels From China
White House trade adviser Peter Navarro the week of Sept. 23 will lead a delegation to Geneva to try to reform the 145-year-old global system of coordinating postal policies, a method he says treats American companies unfairly.
Stamps.com Craters Without Postal Service Partnership
Stamps.com plunged 48% in pre-market trading May 9, poised to drop to a five-year low, after the company slashed its profit outlook for the full year, fueling investor concerns about its ability to protect margins in the absence of a key partnership with the U.S. Postal Service.
Forever Stamp Price Increase to 55 Cents Takes Effect
The cost of a Forever stamp jumped 10% this weekend — from 50 cents to 55 cents — as the U.S. Postal Service continues to struggle financially.
New Postal Service Business Model Creates Opportunity for Growth, Consolidation Among Private Mail Haulers
A new distribution strategy by the U.S. Postal Service is forcing fundamental changes in the way private mail contractors operate and is leading to a surge in consolidation activity.
Postal Service Slammed with Seasonal Shipping
This week is expected to be the busiest week of the holiday mailing and shipping season for the Postal Service. The agency expects to process and deliver nearly 3 billion pieces of mail, including packages, this week alone.
Holiday Shipping Deadlines for Amazon, USPS, UPS, FedEx
Procrastinators take note: The deadline is fast approaching to get those gifts in the mail to arrive by Christmas Eve.
Postal Service Will Suspend Delivery Dec. 5 to Honor Late President Bush
The United States Postal Service won’t be delivering mail Dec. 5 as part of the national day of mourning for the late former President George H.W. Bush.
Postal Service Gears Up for Holiday Deliveries
The U.S. Postal Service said it expects to deliver nearly 15 billion pieces of mail and 900 million packages between Thanksgiving and New Year’s Day, according to a release.