After two "Forever" postage stamp hikes, the USPS lost nearly $10 billion in 2024
The U.S. Postal Service's loss widened in fiscal 2024, although revenue rose slightly after two stamp hikes this year.
US Postal Service warns it must continue cost cuts or risk bailout
The U.S. Postal Service said on Thursday it must continue to cut costs and boost revenue or risks requiring a government ...
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Will Giving Gifts Be More Expensive in 2024? The Postal Service Says Yes, Here's Why
The US Postal Service's newest postage rate hike arrived early last month and will last past the holiday season.
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USPS loses $9.5B in FY24 and says another red year is coming
The U.S. Postal Service lost $9.5 billion in fiscal 2024 despite sweeping reform efforts aimed at improving the agency’s financial outlook, though its management team remains steadfast that its ...
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USPS reports $9.5B net loss in FY 2024, does not expect to hit ‘break even’ goal next year
Members of the USPS Board of Governors remain committed to Postmaster General Louis DeJoy's 10-year reform plan.
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Proposed Postal Reform Acts Seek Rate Hike, Postmaster General Term Limits
especially when it comes to postal rate increases and service accountability standards. For the past several years the Postal Service has been raising rates above the rate of inflation every six ...
Planning to mail Christmas cards for the holiday season? Here's the cost of Forever stamps
It costs 73 cents to mail a Christmas card this season if you're purchasing a Forever stamp. The Forever stamp use to cost 41 ...
Postal Service keeps losing money while quality of service declines
The U.S. Postal Service has been in the news a lot lately. That’s good because, to be frank, we don’t think about it enough.
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USPS invests in faster package sorting, electric delivery trucks in Kalamazoo
About $40 million has been invested in Kalamazoo's United States Postal Service (USPS) sorting and delivery center.