WASHINGTON—The U.S. Postal Service said on Thursday it placed an initial $2.98 billion order for 50,000 next-generation delivery vehicles from Oshkosh Corp. and will double its initial planned electric vehicle (EV) purchases. U.S. Postmaster Louis DeJoy said that based on USPS’s reform efforts and “our improving outlook, we have determined that increasing our initial electric…
Congress Passes Sweeping Bipartisan USPS Overhaul
March 9, 2022
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Congress on Tuesday passed a sweeping bipartisan bill designed to overhaul the U.S. Postal Service’s (USPS) finances and operations with about $50 billion in financial relief over the span of a decade. The Senate voted 79-19 for the bill, a month after the U.S. House of Representatives overwhelmingly approved the measure. It now heads to…
The Postal Service Is Bankrupt
Commentary The U.S. Postal Service is underwater. It’s financially drowning. Ben Franklin, America’s first postmaster general, must be rolling over in his grave. Even Biden’s Postal Service director, Louis DeJoy, admits that the agency LOST $15 billion over the past two years. His prognosis is anything but promising. HE predicts some $160 billion of red…
Americans Will Be Able to Order Free At-Home CCP Virus Tests Next Week
Starting next week, Americans can begin ordering free rapid COVID-19 tests through a new government-sponsored website, though with a limit of four tests per residential address, the Biden administration announced on Friday. The tests will typically be shipped to households via the U.S. Postal Service (USPS) within 7 to 12 days of ordering them on…
USPS Begins Accepting Apple Pay for Online Payments
The U.S. Postal Service has begun to accept Apple Inc. Apple Pay on its website for certain services. What Happened The same is not yet possible over-the-counter. In the frequently-asked-questions section of its website, USPS lists Apple Pay as an accepted form of payment for The Postal Store, P.O. Box Online, Every Door Direct Mail, Click-N-Ship,…
USPS Plans to Ship 12 Billion Items This Holiday Season
It is beginning to look a lot like Christmas at the U.S. Postal Service (USPS) as it forecasts to process, ship, and deliver billions of items. According to the independent government agency, 12 billion letters, cards, and packages will be sent across the country this holiday season, with more than two-thirds being packages. Although this…
Postmaster DeJoy Says USPS Ready for Holiday Parcel Crush: ‘We’re Going to Deliver Them’
Postmaster General Louis DeJoy vowed timely package deliveries during what’s expected to be a busy Christmas season, telling the Marketplace Morning Report podcast on Nov. 17 that the United States Postal Service (USPS) started planning early and boosted capacity, “so tell all your listeners to send us their packages.” Asked by program host David Brancaccio…
US Postal Service Reports $4.9 Billion 2021 Net Loss
WASHINGTON—The United States Postal Service (USPS) on Wednesday reported a net loss of $4.9 billion for the year ending Sept. 30, narrowing its losses over the prior year. USPS’s operating revenue was $77 billion for the 2021 budget year, an increase of $3.9 billion, or 5.3 percent. It reported a 2020 net loss of $9.2…
Stamp Out the US Postal Service
Commentary It is a metaphor for what is occurring at seemingly all levels of our country and culture. The United States Postal Service (USPS) has announced it will slow service for first-class mail and periodicals while “temporarily” increasing prices on all “commercial and retail domestic” packages … because of the holidays. It’s probably good the announcement did…
USPS Hosting Job Fairs to Fill Holiday Positions
The United States Postal Service (USPS) is looking to fill 40,000 openings to its high delivery demands for the 2021 holiday season. The USPS is reaching its peak of the year for mail and package deliveries. Tens of thousands of seasonal positions open every year to make sure all the mail gets delivered on time….
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