A yearlong investigation has detailed how international drug traffickers harnessed vulnerabilities in the mail system to flood the illicit market with potent opioids, according to a report released Wednesday by Senators Rob Portman and Tom Carper. The Permanent Subcommittee on Investigations, which conducted the probe, said that their report marks a...
When Marvin T. Runyon was United States postmaster general, he banned his public relations spokesman from saying “no comment” to queries from the news media. That tradition died when Runyon, whose wife was a public relations executive, left office in 1998. It was nowhere more apparent than on Dec. 29, 2017, when...
Five months after the USPS implemented a new practice to verify postage for packages paid online, sellers have been feeling the impact. Reports of “USPS label cost adjustment” have not been as widespread as some sellers may have feared, however. On August 1st, the US Postal Service rolled out the Automated...
Postal Savings Bank of China (1658) said yesterday it received a decision on an administrative penalty of about 500 million yuan (HK$600 million) issued by China's banking regulator, over a breach of rules and management standards by the bank's investment in the Trust Scheme. Read more here....
The U.S. Postal Service (USPS) is as determined as ever to make customers pay more as they defend ludicrous schemes keeping the agency deep in debt. The cost of First-Class postage is slated to increase from 49 to 50 cents on Jan. 21 as part of a desperate move by postal...