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U.S. Postal Service loses $6.5B in 2023 fiscal year
United Press International via Yahoo News· 7 months agoThe U.S. Postal Service took a major step backward Wednesday after USPS leaders announced a $6.5 billion loss in fiscal year 2023, falling far short of...
Postal service contractor cutting 660 jobs
FreightWaves via Yahoo Finance· 10 months agoU.S. Postal Service contractor Matheson Flight Extenders (MFE), which operates 44 mail sorting and terminal handling services across the country, filed...
The Trump donor whom Biden can’t fire is running the U.S. Postal Service directly into the...
Fortune via AOL· 2 months agoTechnology has afforded us the ability to connect with nearly anyone, anytime—and free of charge....
FedEx braces for 50% cut in Postal Service air contract
FreightWaves via Yahoo Finance· 5 months agoFedEx Express faces more headwinds in its effort to improve profitability as the U.S. Postal Service...
U.S. Postal Service wants to hike stamp prices to 63 cents
Reuters via Yahoo News· 2 years agoWASHINGTON (Reuters) -The U.S. Postal Service (USPS) said Friday it wants to raise the price of...
Federal judge faults Postmaster General DeJoy in mail delays
Associated Press via Yahoo News· 2 years agoA federal judge has set limits on one of the U.S. Postal Service's cost-cutting practices that...
US House Democrats urge Biden to name new U.S. Postal board members
Reuters via AOL· 4 months agoMore than 80 Democrats in the U.S. House of Representatives on Thursday urged President Joe Biden to...
How FedEx could win by losing its Postal Service business
FreightWaves via Yahoo Finance· 3 months agoThe U.S. Postal Service contract is an albatross around FedEx’s neck. The company needs to fly less...
Postal Service reduces air cargo by 90% over 2 years as part of cost-cutting effort
Associated Press via AOL· 10 months agoThe U.S. Postal Service has reduced its volume of shipments by aircraft by 90% over two years, putting the service on course to save $1 billion in annual transportation costs, U.S. Postmaster ...
UPS sees profit in US Postal Service work that dragged down FedEx earnings
Reuters via Yahoo Finance· 1 month agoLOS ANGELES (Reuters) -United Parcel Service expects its newly won U.S. Postal Service (USPS) air...