Joe Corbett

(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’

But union officials, members of the public and USPS officials are pushing back on the direction of USPS leadership.

Read more
(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

Read more
(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

Read more
(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

Read more
(GettyImages/Bloomberg/Luke Sharrett)USPS coronavirus

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

Read more
Federal News Radio pinwheel icon

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

Read more
Image not found

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…

Read more
Federal News Radio pinwheel icon

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…

Read more
Federal News Radio pinwheel icon

Postal Service pension surplus shrinks as Donahoe renews call for legislation

Surplus payments the Postal Service made to the Federal Employee Retirement System are much smaller than once thought. Last year, the surplus was estimated to be $11.4 billion. But because of a reduction in projected long-term interest rates, OPM estimated the surplus would drop to $2.6 billion. SPS had wanted to use those overpayments to pay down some of its debts

Read more