Postal Service

USPS Loses $2.3B in Third Quarter Amid Newly Ominous Signs For Its Business

The Postal Service saw a drop in its shipping and package business for the first time in nine years.

Postal Supervisors Sue for Better Pay

After the Postal Service largely ignored the non-binding findings of a mediation panel, supervisors sued for retroactive pay increases.

Would-Be Postal Regulators Pledge to Hold Mailing Agency More Accountable

PRC nominees say hitting performance goals, finalizing pricing system are top priorities.

Postal Service Floats Big Cuts to Employee Pay, Leave and Benefits

New postal workers would no longer earn a pension under preliminary business plan.

After Dramatic Workforce Reductions, Postal Service Sees Spike in Overtime Hours

Faulty scheduling and fewer employees led to overtime uptick, IG says, in spite of mail volume decline.

U.S. Postal Employees’ Retirement Assets Are Invested More Cautiously Than Those of Their Foreign Counterparts

Legally mandated strategy is not risky, but also does not produce high returns that might help reduce a gap in pension assets and liabilities, report notes.

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Postal Service Scores Victory After Supreme Court Declines to Hear Challenge From UPS

Court will not consider appeal that the Postal Service is unfairly calculating package costs.

Latest Effort to Overhaul the Postal Service Hits New Snag

Lawmakers want more details on USPS' long-term plans before committing to legislative relief for cash-strapped agency.