Looking for ways to raise Postal Service revenue, the Trump administration has proposed a fundamental change to your mailbox: selling access to it to private companies. The Postal Service could capitalize on a “highly valuable” asset by selling mailbox access to companies such as FedEx Corp. and United Parcel Service Inc.,...
SOMETIMES GOVERNMENT does a useful thing for a bad reason. That’s a rough summary of the Dec. 4 report just issued by the Trump administration’s Task Force on the United States Postal System. The origins of the report lie in President Trump’s Twitter attacks on Amazon last spring, for purportedly using the...
A task force created by President Donald Trump is proposing a broad overhaul of the U.S. Postal Service, including cutting costs, relying on private partners and charging more for "nonessential services," in a report released Tuesday. The report recommends that the Postal Service develop a new pricing model that would remove current price...
A security hole in a mail preview program from the U.S. Postal Service could have exposed the data of more than 60 million customers, giving third parties access to information including when critical documents and checks are scheduled to arrive in people’s mailboxes. An anonymous researcher discovered the weakness in the “Informed...
The Postal Regulatory Commission on Nov. 13 approved the United States Postal Service's request for planned changes to numerous postage rates for letters and packages. The changes will take effect as the Postal Service requested on Jan. 27, 2019. The cost of a first-class forever stamp will increase to 55¢, up from...
The US Postal Service reported a loss of $3.9 billion for fiscal year 2018, despite growth in its shipping and packaging business. The Postal Service's package business made a 10% leap in revenue and saw a 6.8% increase in volume from last fiscal year, according to an agency report released Wednesday. Read the full...