USPS's Low Rates for Foreign Shippers
"We lose revenue on every single package we deliver." It was a clear and unmistakable point made by the
U.S. Postal Service's inspector general during a recent House Oversight Committee hearing. Federal officials, industry representatives, and members of Congress were discussing the shipping rates that USPS charges to foreign sellers -- artificially low rates that are one reason the agency is having so much financial trouble.
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