U.S. Postal Chief Vows More ‘Aggressive Actions’ After Missing Financial Target

U.S. Postmaster General Louis DeJoy will tell lawmakers on Wednesday he plans to take more “aggressive actions” after saying the agency will not meet its goal of breaking even in 2023.

The U.S. Postal Service (USPS) has reduced projected losses from $160 billion to $70 billion over 10 years after winning financial relief from Congress, instituting regular price hikes and adopting reforms.

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David Shepardson