The U.S. Postal Service reported revenue of $69.6 billion for fiscal year 2017 (October 1, 2016 - September 30, 2017), a decrease of $1.8 billion compared to the prior year. The lower revenues were driven largely by accelerated declines in First-Class and Marketing Mail volumes. Click here for the full article....
Canada Post is promising relief for Canadian retailers who say the postal service is unfairly subsidizing their Chinese competitors. The federal Crown corporation says it has been forced to provide discounts on certain types of mail from China under a long-standing international arrangement, but it has recently negotiated price hikes that...
It's official - it will cost more to mail certain packages through the US Postal Service beginning in January. The Postal Regulatory Commission approved the USPS request, filed on October 6th. The cost of Priority Mail rates will go up by an average of 3.9% on January 21, 2018. However, that's...
President Donald Trump finally has come to the aid of the United States Postal Service by announcing he will soon nominate three individuals, including the agency’s former inspector general, to serve on the agency’s long vacant board of governors. The White House disclosed the three prospective nominees in a long list...
In 1897, a year when mail was still largely delivered by horse and wagon, construction began on an innovative scheme beneath the streets of Philadelphia. Using an intricate network of compressors and metal pipes, the new system could shoot a capsule holding a few hundred letters across a city in...