Postal Service faces potential cash crisis as early as this year, Postmaster warns

The warning highlights long-standing financial issues facing the USPS, which operates differently from most federal agencies.
Opinion

Who Will Deliver Your Mail If Post Office Collapses?

For years, the cost of retirement fund payments has hung around the U.S. Postal Service like an albatross. According to Brookings, “As of September 30, 2024, the US Postal Service (USPS) FERS ...

Royal Mail issues apology as 38 postcodes will be impacted by postal delays today

Royal Mail has issued an apology after confirming that deliveries will be disrupted today, March 19, across 38 postcode areas. Customers in the affected locations have been warned to expect delays to ...

USPS May Not Deliver Mail in a Year and Could Run Out of Cash by 2027, Postmaster General Warns

“At our current rate, we’ll be out of cash in less than 12 months," Postmaster General David Steiner said ...
ConsumerAffairs

Amazon vs. USPS: What a potential split means for your packages

This is especially true in rural areas and on Sundays if USPS handles fewer Amazon packages. Shipping costs may ...

Amazon says USPS walked away at the eleventh hour in contract talks

Amazon said it spent more than a year working toward a new long-term agreement with USPS before its current contract expires ...

USPS says it may not deliver mail in a year

The United States Postal Service is warning it could soon face a financial breaking point, with leaders saying the agency may ...
Maryland Matters

Cutting delivery days ‘on the table,’ as Postal Service runs out of cash, lawmakers told

The Postal Service is less than a year away from running out of cash and is calling on Congress to increase its limit to ...