The U.S. Postal Service could soon raise prices in a way that more closely follows increases in its costs, as the mailing agency’s regulators proposed an overhaul to the existing rate-setting system it has deemed inadequate. The Postal Regulatory Commission still would not...
The U.S. Postal Service lost $8.8 billion in fiscal 2019, more than doubling its losses from the previous year. The results marked the 13th consecutive year the mailing agency lost money, although USPS did post a slight uptick in revenue to $71.3 billion. A...
The head of the U.S. Postal Service will retire early next year, the agency announced on Wednesday, marking the end of a 33-year career at the mailing agency. Postmaster General Megan Brennan will step down on Jan. 31, 2020, more than three decades...
A federal court dealt a major blow to the U.S. Postal Service on Friday, ruling that the mailing agency’s five-cent price increase for stamps that went into effect earlier this year is illegal. The U.S. Court of Appeals for the D.C. Circuit sided with Doug...
A union representing 200,000 U.S. Postal Service employees is suing the mailing agency over an initiative to change the structure of their jobs, saying it is causing workers physical harm and is in violation of a negotiated contract. The National Association of Letter...