Chinese drug traffickers had some advice for American buyers of fentanyl: Let us ship it to you by regular mail. It might be slower than FedEx or UPS, but the opioid is much more likely to reach its destination through the U.S. Postal Service. These cyber drug dealers wrote their U.S.-based...
Despite another quarter of surging net losses at the U.S. Postal Service, leadership is all too eager to plunge the agency into even more debt. During its board of governors meeting on Aug. 9, key executives suggested that the USPS be “bold and creative” in saving the agency and paying down the more than $10 billion in...
The U.S. Postal Service (USPS) reported two troubling numbers for its most recent quarter. The first is that revenue was flat at just above $17 billion. The other was that it lost $1.1 billion for the period that ended June 30. Both figures, particularly the loss, beg the question why...
The U.S. Postal Service delivered fewer packages in the latest quarter for the first time in nine years, as companies such as Amazon.com Inc. and FedEx Corp. increasingly begin to deliver online orders to homes themselves. The shift among the U.S. delivery giants is depriving the Postal Service, a quasigovernmental agency, of much-needed volume, which it...
No matter what path Congress takes in reaching what some members have called an urgent need for postal reform, the Postal Service, for the first time since December 2014, has enough members on its Board of Governors to reach a quorum. The Senate confirmed three governors Thursday before leaving for their...