The USPS implemented surge-pricing during the 2020 holiday season that helped it grow revenue in the last three months of the year – its first quarter of fiscal year 2021 ending September 30. The US Postal Service reported 25% year-over-year Read more
Postmaster General Megan Brennan said the USPS reduced over 6 million work hours in the recent quarter, which helped the organization reduce its overall compensation expenses. She made the statement in her most recent video talk to employees published on Read more
The USPS reported revenue of $17.5 billion in its quarterly report today, essentially unchanged compared to same quarter last year; a net loss of $2.1 billion; and a similar pattern of declining mail volume and increasing package volume. “First-Class Mail Read more
A congressman introduced a bill that would allow the United States Postal Service to offer basic financial services, and one aspect of the proposed legislation has the potential to impact ecommerce. Representative Cedric Richmond of Louisiana reintroduced the Providing Opportunities Read more
Two republicans on the House of Representatives Committee on Oversight and Government Reform sent a letter to the US Postmaster General demanding she turn over details about the agency’s competitive products operations. In a letter dated May 13, 2015, republican Read more
