U.s. Postal Service, Mail | featured news

U.S. Postal Service loses $1.3 billion in October-December

U.S. Postal Service

The U.S. Postal Service lost $1.3 billion in the October to December quarter, an official said on Friday, days after the beleaguered mail agency announced plans to cut back on Saturday delivery to save money.

 

Postal Service to cut Saturday mail to trim costs

U.S. Postal Service

The U.S. Postal   Service will stop delivering mail on Saturdays but continue to deliver packages six days a week under a plan aimed at saving about $2 billion annually, the financially struggling agency says.

 

Looming Postal Service default shakes mailers' confidence

The Postal Service is set this week to default on a giant payment, the latest blow illustrating Congress' slow progress toward fixing the agency's deep financial woes and one that could damage some customers' confidence.

 

Postal Service delays closings

U.S. Postal Service

The U.S. Postal Service has agreed to hold off on closing any more post offices or mail facilities until May 15, 2012, to allow Congress time to work on a plan to save the service.

 

Postal cuts to slow delivery of first-class mail

U.S. Postal Service

Facing bankruptcy, the U.S. Postal Service is pushing ahead with unprecedented cuts to first-class mail next spring that will slow delivery and, for the first time in 40 years, eliminate the chance for stamped letters to arrive the next day.

 

Mailing a letter to cost a penny more next year

Mailing a letter to cost a penny more next year

It'll cost a penny more to mail a letter next year. The cash-strapped U.S. Postal Service announced Tuesday that it will increase postage rates on Jan. 22, including a 1-cent increase in the cost of first-class mail, to 45 cents.

 

Living people to appear on US stamps

Living people to appear on US stamps

For the first time, living people will be eligible to be honored on U.S. postage stamps. The U.S. Postal Service announced Monday that it is ending its longstanding rule that stamps cannot feature people who are still alive and it's asking the public to offer suggestions on who should be first.

Senh: I know, Marilyn Monroe is dead.

 

U.S. Postal Service Proposes Cuts

The Postal Service says it may close more than 250 mail processing facilities across the country in an effort to cut costs.

 

Can You Imagine Nation Without Postal Service?

Can You Imagine Nation Without Postal Service?

Imagine a nation without the Postal Service. No more birthday cards and bills or magazines and catalogs filling the mailbox. It's a worst-case scenario being painted for an organization that lost $8.5 billion in 2010 and seems headed deeper into the red this year.

 

Slower mail could save Postal Service $1.5B

Think snail mail is too slow? Imagine if it got slower. The U.S. Postal Service could save about $1.5 billion annually if it relaxed its one- to three-day guarantees for First-Class and Priority Mail deliveries by a day, according to a new study. Postal executives are seriously considering the idea and are expected to announce new plans regarding delivery schedules after Labor Day, according to USPS officials.

 

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