The U.S. Postal Service on Thursday said its annual loss widened to almost $10 billion, although revenue rose slightly after two postage rate hikes this year, part of Postmaster Louis DeJoy’s plan to get the postal agency on a better financial footing. The USPS said it lost $9.5 billion in the fiscal year ended September […]
Tag: usps
USPS to raise stamp prices yet again
The U.S. Postal Service is seeking to increase the price of stamps this summer, asking that the price for first class stamps jump from 68 cents to 73 cents. The request for the 5 cent first class stamp increase was made to the Postal Regulatory Commission on Tuesday, which must approve the proposed increase. If […]
Postal worker indicted in $24 mil. check scheme
A U.S. postal service employee and two others have been charged over a scheme involving stolen checks worth more than $24 million, the Department of Justice (DOJ) announced Friday. Nakedra Shannon, 29, the postal worker, and Donnel Gardner, 27, and Desiray Carter, 24, all of Charlotte, N.C., have been charged with one count of conspiracy […]
Here comes another Postal rate hike; 5th in 2 yrs
The U.S. Postal Service wants to boost the cost of postage in January, which would mark the fifth rate increase since 2021 and come on the heels of a July postage hike. Some critics are decrying the plan, saying that the rapid price increases are “unprecedented” and causing customers to stop using the mail. The […]
Avoid Mailing checks says USPS
A surge in crimes targeting the U.S. Postal Service has some experts warning Americans against sending their checks through the mail. The USPS last month cautioned that it has seen an increase in attacks on letter carriers and mail fraud incidents, with 305 mail carriers robbed in the first half of fiscal year 2023, on […]
Senate passes sweeping bipartisan bill overhauling the US Postal Service
The Senate on Tuesday passed sweeping bipartisan legislation to overhaul the US Postal Service’s finances and allow the agency to modernize its operations.The final vote was overwhelmingly bipartisan 79-19. The bill now heads to President Joe Biden’s desk for his signature.The Postal Service Reform Act — which cleared the House last month by 342-92 — […]
Biden Administration Suffers Crushing Defeat For Electric Vehicle Pledge
The United States Postal Service is renewing its fleet of gas-powered vehicles as the Biden administration promises a mostly-electric federal fleet.The United States Postal Service (USPS) has confirmed its deal with specialty vehicle manufacturer Oshkosh Corp (OSK) – Get Oshkosh Corp Report to finalize plans for between 50,000 and 165,000 gas-powered delivery vehicles.The USPS/Oshkosh venture […]
USPS To Add 45 Facilities To Handle Holiday Shipping
Postmaster General Louis DeJoy said that the United States Postal Service was going to add 45 extra facilities to handle more packages ahead of the holiday season, The Wall Street Journal reported Saturday. The extra facilities, which will be used primarily for additional shipping volume and package overflow, is a part of a larger effort […]
Veteran’s Remains Lost By USPS Says Family
The cremated remains of a U.S. Army veteran sent through the mail were delayed reaching their final destination for days, according to the late veteran’s family, and they say Postmaster General Louis DeJoy is to blame. Army veteran Scott Egan died in July in St. Louis. His sister, Dr. Jean Egan, told New Haven, Connecticut, […]
Post Office Delays Of Medications Putting Thousands Of Lives At Risk
Jan Stowe saw countless patients go through withdrawals during her 40-year nursing career, but last month she experienced it herself when the U.S. Postal Service failed to deliver her medication for chronic back pain and muscle spasms. A nurse for combat veterans during and after the Vietnam War, Stowe said she could identify her own […]
House To Approve $25B Emergency USPS Funding
The House will convene for a rare weekend session on Saturday to consider Democratic legislation that would prevent the U.S. Postal Service from making functional changes that could imperil delivery of mail-in ballots for the November elections. Postmaster General Louis DeJoy announced earlier this week that he would suspend cost-cutting measures until after the elections. […]
USPS Workers Union Endorses Biden
The union representing postal workers endorsed former Vice President Joe Biden’s White House bid Friday as the United States Postal Service (USPS) finds itself in the middle of a national controversy over new changes by its postmaster general. The National Association of Letter Carriers (NALC), which consists of nearly 300,000 active and retired postal workers, […]