Regulators appear likely to accept the financially beleaguered Postal Service’s request for more freedom to raise the price of mailing letters. It would be the biggest change in the Postal Service’s pricing system in nearly a half-century, allowing stamp prices to rise beyond the rate of inflation.
August 9, 2017Government, Business, Logistics
Postal Service May Get More Freedom to Raise Stamp Prices
Business
Beam Brothers Gives Up Postal Service Contracts
Mail contractor Beam Brothers Trucking agreed to turn over its contracts with the U.S. Postal Service to Eagle Express Lines Inc., while top executives of Beam Brothers prepare to defend themselves against federal charges.
May 3, 2017Business
U.S. Postal Service Delivers Record Number of Packages During Holidays
The U.S. Postal Service said package deliveries increased 18% in December and had its busiest day on record Dec. 22.
January 8, 2015Business
Postal Service Supports Five-Day Delivery Plan
The Postal Service has said it is in favor of a proposal by House Republicans to end Saturday mail delivery and make other changes at the U.S. Post Office in order to come up with money to shore up the Highway Trust Fund, the Washington Post reported.
June 9, 2014Business
Postal Service Seeks $5 Billion to Replace Its Aging Fleet
The chief sustainability officer for the U.S. Postal Service said the agency needs $5 billion to replace its aging delivery fleet to have any chance of meeting 2020 fuel-efficiency goals set by President Obama several years ago.
March 24, 2014Business
Postal Service Rates to Temporarily Rise 6%
The U.S. Postal Service’s regulator has approved price increases amounting to 6% on most mail, news service reported.
December 27, 2013Business
Businesses Concerned About Possible Postal Service Rate Hikes
Private-sector businesses are concerned that the U.S. Postal Service will consider broad rate increases next month, The Hill newspaper reported Wednesday.
August 28, 2013Business
Postal Service Plans Upgrades to Priority Mail Service
The U.S. Postal Service announced several changes to its Priority Mail service, offering free insurance and tracking, and day-specific delivery of packages.
August 15, 2013Business
Postal Service Renews Call for Five-Day Delivery
The U.S. Postal Service said it has again asked Congress to allow for a five-day delivery schedule as part of its five-year business plan.
July 22, 2013Business
Postal Service Reports $1.9 Billion 2Q Loss
The U.S. Postal Service reported a $1.9 billion loss for its fiscal second quarter, compared with a $1.3 billion loss in the previous quarter, the New York Times reported Friday.
May 10, 2013