The U.S. Postal Service is cutting payments into workers' pension plans and seeking to raise prices for customers this season. The USPS has temporarily suspended its employee contributions for the ...
The U.S. Postal Service said Thursday that it will temporarily suspend its contributions to an employee pension plan to conserve cash as it faces a severe financial crisis. The postal service also ...
The U.S. Postal Service says it is facing a worsening financial shortfall despite recent reforms. Rising operational costs and declining mail volume are straining the agency’s budget. Officials warn ...
Postmaster General David Steiner will testify before the House for the first time on Tuesday to ask Congress for regulatory relief to keep the United States Postal Service afloat as it navigates dire ...
The U.S. Postal Service said Thursday it has informed federal budget officials it will temporarily suspend its employer contributions to Federal Employees Retirement System annuities, allowing it to ...
The U.S. Postal Service announced on Thursday that it's pausing its payments to a federal pension plan and moving to increase stamp prices in the midst of its "severe financial crisis." USPS said that ...
WASHINGTON, Dec 17 (Reuters) - The U.S. Postal Service said on Wednesday it is seeking to boost revenue from its "last-mile" delivery network to major retailers and shippers as it warned of a looming ...