U.S. Postal Service

The U.S. Postal Service on Thursday reported a $3.2 billion loss for the first quarter of 2012, $1 billion more than during the same period last year.

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  • Reform Of Postal Service Is Long Overdue
    Congress said no. At a time when it was losing billions in 2011 and 2012 ... That has cost the Postal Service somewhere on the order of $50 billion. It also guaranteed that the postal service would lose billions. Which it has. In 2006, the postal service ...
    04/15/2018 - 11:07 pm | View Link
  • The Truth About Trump’s War on Amazon and the US Postal Service
    Here's what else you need to know: Yes, the Postal Service is losing billions: As the executive order points out, the Postal Service has lost more than $65 billion since 2007. It reported a net loss of $2.7 billion last year, its eleventh straight year of ...
    04/13/2018 - 9:46 am | View Link
  • Trump is threatening to force the US Postal Service to raise...
    On Thursday, Trump ordered the formation of a task force to investigate the US Postal Service and its "unsustainable financial path." Trump's order stated that the USPS had lost $65 billion since ... are saying that our money losing Post Office makes ...
    04/13/2018 - 8:13 am | View Link
  • President Trump Orders Postal Service Finances Investigation; Attacks 'Sweetheart' Amazon Deal
    President Trump has frequently complained that the USPS continues to lose money, in part, due to a "money-losing" bulk rate delivery ... to the tune of more than $38 billion. For the first time, last year the Postal Service missed payments it owes to ...
    04/13/2018 - 7:48 am | View Link
  • Trump orders Postal Service review after attacking Amazon
    The order points out that the post office has lost $65 billion over the last 11 fiscal years ... In his previous tweets, Trump has insisted that the Postal Service is losing money on the package deliveries it handles for Amazon. I am right about Amazon ...
    04/13/2018 - 2:40 am | View Link
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  • United States Postal Service
    The United States Postal Service (USPS; also known as the Post Office, U.S. Mail, or Postal Service) is an independent agency of the United States federal government responsible for providing postal service in the United States, including its insular areas and associated states.
    04/17/2018 - 9:53 pm | View Website
  • Trump wants Postal Service to charge 'much more' for ...
    SEATTLE/WASHINGTON (Reuters) - President Donald Trump called on the U.S. Postal Service on Friday to charge "much more" to ship packages for Amazon (AMZN.O), picking another fight with an online retail giant he has criticised in the past. "Why is the United States Post Office, which is losing many ...
    12/29/2017 - 7:13 pm | View Website
  • Trump says Postal Service should charge Amazon 'much more ...
    President Trump ramped up his criticism of Amazon Friday, tweeting that the e-commerce giant should be socked with sharply higher shipping charges by the U.S. Postal Service. "Why is the United States Post Office, which is losing many billions of dollars a year, while charging Amazon and others so ...
    12/29/2017 - 7:10 am | View Website
  • Trump Said Postal Service Is Enriching Amazon While Losing ...
    THE BREAKDOWN. It’s true that the Postal Service is losing billions. In a November announcement about its 2017 fiscal year, the Postal Service reported a net loss of $2.7 billion.
    12/29/2017 - 6:27 am | View Website
  • Trump, Amazon and the Postal Service: The story behind the ...
    President Trump tweeted Friday that the U.S. Postal Service is losing billions of dollars because it charges Amazon and other companies less to deliver packages.
    12/28/2017 - 9:59 pm | View Website
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