The U.S. Postal Service is raising mail prices for most users, pushing the cost of a first-class stamp from 63 cents to 66 cents. The new rates, which cover other mail items including periodicals and advertising mailers, are poised to take effect July...
The Postal Service, after trying for more than a decade, finally convinced Congress last year to pass reform legislation, in the hopes of improving the agency’s long-term financial health. After USPS made it through the worst of the COVID-19 pandemic — which brought...
There have been many international postal news developments for the quarter ending March 31, 2023. Several posts had major labor and workforce issues. Afghanistan’s postal service is navigating life under Taliban rule, and the United Kingdom is dealing with the repercussions of...
The U.S. Postal Service has already lost $2.1 billion in fiscal 2023, according to new figures released by the agency, exceeding its expected losses for this point by 75%. USPS has blamed inflationary pressures for throwing it off course, though its operating expenses...
The steady decline in mail volume over the past 15 years has recently kicked into high gear, potentially foreshadowing major financial problems for the U.S. Postal Service (USPS) and the demise of a communications medium that has literally knit the nation together. Whether...