It just got a little more expensive to mail letters in the United States and abroad. The price for first-class Forever stamps increased to 63 cents from 60 cents this week, a 5 percent price jump that stemmed from rising operating expenses and losses for the Postal Service. The change, which went...
The Postal Service would benefit from taking a longer-term approach when investing its cash on hand, the agency’s inspector general said in a new report, clashing with agency leadership over the best approach for its growing reserve of funds. The Postal Service ended fiscal 2022 with $19.6 billion in cash, up...
A cyberattack on the United Kingdom’s largest mail delivery service that has snarled international parcel exports for a week is illustrating the cyber risks for mail services. The incident was first confirmed as a cyberattack on Tuesday by Royal Mail CEO Simon Thompson. There are no signs of when the disruption...
The U.S. Postal Service (USPS) on Monday said it delivered more than 54.4 million ballots from voters to election officials during the 2022 midterm general election, with almost 99% reaching their destination within three days. The total delivered through the U.S. mail between Sept. 6 and Dec. 6 includes the Georgia...
There have been many international postal news developments for the quarter ending December 31, 2022. The Universal Postal Union (UPU) released its 2022 Postal Development Report. South Africa’s postal bank suffered from several cyberattacks. New technologies were developed and deployed. And the United Kingdom endured postal strikes over the holidays....