Joe Corbett

FILE - In this Aug. 24, 2020, file photo, Postmaster General Louis DeJoy testifies during a House Oversight and Reform Committee hearing on the Postal Service on Capitol Hill in Washington. President Donald Trump says he's open to an investigation of DeJoy after some of DeJoy's former employees said they felt pressured to donate to GOP candidates.(Tom Williams/Pool via AP)

USPS sees $2B loss for quarter, but DeJoy says agency’s best days still ‘in the future’

USPS reported a $2.1 billion net loss for the first quarter of fiscal 2024 — more than double its $1 billion net loss for the same period last year.

Agency Oversight

USPS

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

Management

(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’

Agency Oversight

(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

Agency Oversight

(AP Photo/Brynn Anderson)

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

Management

(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

Management

Postmaster General Louis DeJoy testifies during a House Oversight and Reform Committee hearing on the Postal Service on Capitol Hill, Monday, Aug. 24, 2020, in Washington. (Tom Williams/Pool via AP)

USPS 10-year strategy will address ‘unacceptable’ service delays, DeJoy tells board

Agency Oversight

USPS reports first dip in package volume in nearly a decade

Agency Oversight

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

Agency Oversight

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

Management

‘Systemic financial challenges’ overshadow successful 2016 for USPS

Agency in Focus

USPS counts on ‘broad bipartisan support’ for reform amid losses

The U.S. Postal Service says it has “broad bipartisan support” from Congress to ease some its financial burdens. But until that time comes, USPS doesn’t…

Management

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…

Budget

Postal Service loses only $586M in 3rd quarter

Budget

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 same period last year