USPS

The United States Postal Service (USPS) suspended employer contributions to the Federal Employees Retirement System (FERS) on Thursday, freeing roughly $2.5 billion in liquidity as the agency warned of liquidity pressures that could affect postal operations. Beginning April 10, USPS will halt its...

The United States Postal Service (USPS) has proposed raising the cost of a First-Class "Forever" stamp from 78 cents to 82 cents, a roughly 5% increase that could take effect as early as July 2026 if approved by regulators, reported Bloomberg. The proposal is part of a broader effort to stabilize...

Amazon.com Inc. (NASDAQ:AMZN) and the U.S. Postal Service (USPS) have reportedly come to a tentative agreement concerning package handling, thereby preventing a significant decrease in package volume. The two parties have agreed to a deal that will lead to a 20% reduction in the number of packages...

A partnership between the U.S. Postal Service and Amazon.com Inc (NASDAQ:AMZN) that generates an estimated $6 billion in annual revenue for the federal agency could be at risk. • Amazon.com stock is trading near recent highs. Where are AMZN shares going? Here's the latest. Amazon Could Move On...

Logistics and transportation giant FedEx Corporation (NYSE:FDX) could provide a snapshot of the sector’s performance when it reports fourth-quarter financial results after the market closes on Tuesday. Here's a look at the earnings estimates, what experts are saying ahead of the report, and...

Senate Parliamentarian Elizabeth MacDonough says Republicans cannot force the United States Postal Service or USPS, to scrap thousands of EVs and charging equipment under the new tax bill. What Happened: The USPS currently has over 7,200 EVs in its fleet, which comprises Ford Motor Co.'s (NYSE:F) e...

The United States Postal Service is rolling out sweeping changes to mail delivery, part of a 10-year "Delivering for America" plan that took effect on April 1. The moves aim to check mounting financial losses and improve efficiency but have sparked backlash from unions worried about potential...

Elon Musk, CEO of Tesla and SpaceX, as well as an advisor to President Donald Trump, has put forth a proposal for the privatization of the U.S. Postal Service and Amtrak. What Happened:  During a Morgan Stanley conference on Wednesday, Musk stated, “I think logically we should privatize ...

President Donald Trump may soon attempt to place the U.S. Postal Service under Commerce Department control, a move that could reshape a $1.2 trillion mailing industry employing over 7 million Americans. Trump plans to disband the agency’s governing board through executive order, according to...

The United States Postal Service (USPS) is offering employees a voluntary early retirement incentive to address overstaffing in its facilities. This incentive includes lump-sum payments equaling up to $15,000. According to the Federal News Network, Postmaster General Louis DeJoy is employing this...

Rep. Marjorie Taylor Greene (R-Ga.) voiced her support for the privatization of the United States Postal Service, amidst its financial woes on Tuesday. What Happened: In a recent post on X, Greene expressed her long-held belief in the need for privatizing the USPS. She emphasized that her newly...

Presiden-elect Donald Trump is reportedly eyeing privatizing the U.S. Postal Service (USPS) after the agency reported a staggering $9.5 billion loss in the fiscal year ending September 30. This financial setback, caused by declining mail volumes and slower-than-expected growth in parcel shipping,...

Trump’s Department of Government Efficiency Co-Lead and CEO of Tesla Inc. (NASDAQ:TSLA), Elon Musk, expressed skepticism about the cost of electric vehicles for the U.S. Postal Service. What Happened: On Friday, Musk reacted to a post by Sawyer Merritt regarding a $10...

U.S. Postmaster General Louis DeJoy on Tuesday reportedly said that he does not intend to return the funds designated for the purchase of electric delivery vehicles without legislation from Congress. What Happened: The U.S. Congress gave the USPS $3 billion in 2023 to buy EVs and charging...

Editor’s Note: This story has been updated with a statement from Oshkosh. President-elect Donald Trump‘s transition team is reportedly considering canceling the U.S. Postal Service’s (USPS) contracts aimed at electrifying its delivery fleet. What Happened: The move could be...