Joe Corbett

USPSUSPS

USPS expects to raise mail rates again next year, warns it remains in ‘financial hole’

The Postal Service is starting to see the impact of major reform legislation on its finances, but still expects to still raise mail prices again at the…

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(AP Photo/Robert F. Bukaty)Postal carrier Josiah Morse delivers mail and packages, Wednesday, Feb. 3, 2021, in Portland, Maine. The U.S. Postal Service's stretch of challenges didn't end with the November general election and tens of millions of mail-in votes. The pandemic-depleted workforce fell further into a hole during the holiday rush, leading to long hours and a mountain of delayed mail. (AP Photo/Robert F. Bukaty)

USPS outlines $8B infrastructure investment in 2022 as sign of ‘bright future’

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(AP Photo/David Goldman)FILE - In this Thursday, Feb. 7, 2013, file photo, packages wait to be sorted in a Post Office as U.S. Postal Service letter carrier  Michael McDonald, gathers mail to load into his truck before making his delivery run, in Atlanta.  The financially struggling U.S. Postal Service said Wednesday, Aug. 14, 2013 it is revamping its priority mail program as part of its efforts to raise revenue and drive new growth in its package delivery business. (AP Photo/David Goldman, File)

Biden’s picks on USPS board push back on ‘dangerous risks’ in plan to slow down mail

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(AP Photo/Brynn Anderson)In this June 14, 2018, file photo, Elston Bradshaw, a mail carrier for the United States Postal Service closes a mail truck door after delivering mail to an apartment complex in Aventura, Fla. Amazon’s Prime shipping program set the pace for shoppers’ expectations, and the nation’s largest online player continues to look for new ways to keep up with shoppers’ demands. (AP Photo/Brynn Anderson, File)

USPS sends first RIF notices to non-union employees, seeks to raise mail prices above inflation

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(Jim Watson/Pool via AP)United States Postal Service Postmaster General Louis DeJoy speaks during a House Oversight and Reform Committee hearing on

USPS aims to break-even starting in 2023 under 10-year infrastructure plan

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(GettyImages/Bloomberg/Luke Sharrett)USPS coronavirus

USPS posts $1.5B loss, despite boost from holiday, midterm election mail

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‘We are not financially strong’: USPS reports 12th year of net losses

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For USPS, another year, another mixed financial report

The Postal Service continues to press for substantial legislation changes to remain a competitor in the mail and package delivery field. It recorded its…

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Postal Service loses only $586M in 3rd quarter

The Postal Service reported a net loss of $586 million for the quarter that ended on June 30, an improvement over a $2 billion loss recorded during the…

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Postal Service posts $5B loss; CFO says USPS in ‘precarious position’

Postal officials called on Congress to lift a 2006 congressional requirement that it make annual $5.6 billion payments to cover expected health care costs for future retirees.

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