The U.S. Postal Service warned that it will miss federal payments totaling an estimated $6.8 billion by October, unless the government steps in.
Continue reading U.S. Postal Service Set to Default on Its Federa…
The U.S. Postal Service warned that it will miss federal payments totaling an estimated $6.8 billion by October, unless the government steps in.
Continue reading U.S. Postal Service Set to Default on Its Federa…
The U.S. Postal Service’s annual loss more than doubled in fiscal 2010 compared to a year earlier as mail volume continues to slide while interest costs related to workers’ compensation climb.
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The U.S. Postal Service’s attempt to raise the price of a first-class stamp to 46 cents from 44 cents was unanimously rejected today by an oversight board, which said the Postal Service failed to sufficiently quantify either th…