Filed in USPS

Thursday, February 09, 2012

The first quarter of the fiscal year 2012 continued where fiscal year 2011 ended for the United States Postal Service—with a significant loss.

Monday, January 30, 2012

This offering will enable shippers to ship a box—weighing up to 70 pounds—anywhere in the U.S. for one price, $39.95.

Wednesday, December 14, 2011

The United States Postal Service said yesterday that it has agreed to delay the closing or consolidation of any Post Office or mail processing facility until May 15, 2012.

Monday, December 05, 2011

The USPS is proposing to move First Class Mail to a 2-3 day standard for contiguous U.S. destinations as part of its plan to counter significant financial losses in recent years.

Wednesday, November 23, 2011

USPS officials said that prices for Priority Mail and Express Mail will increase by an average of 3.1 percent and 3.3 percent, respectively, and added that the Postal Regulatory Commission will review the prices before they take effect on January 22, 2012.

Wednesday, November 16, 2011

Financial issues for the United States Postal Service (USPS) remain front and center, with this week’s announcement that for Fiscal Year 20111 the USPS had a net loss of $5.1 billion.

Tuesday, October 25, 2011

Quarterly revenue for Big Brown—at $13.2 billion—was up 8.0 percent annually, and operating profit—at $1.61 billion—was up 0.2 percent. Earnings per share—at $1.06—saw a 14 percent year-over-year increase, topping Wall Street expectations of $1.05 per share.

Friday, October 21, 2011

EquaShip aims to provide smaller shippers with cost-savings that are typically only available to large enterprise shippers.

Wednesday, October 19, 2011

At a time when it is facing myriad financial headwinds, the United States Postal Service (USPS) announced yesterday that it has raised prices for various services and products, effective January 22, 2012.

Thursday, September 15, 2011

A week after a Senate committee held a hearing to examine the current state of the United States Postal Service and recent proposals to improve its financial condition, the USPS today announced proposed changes to its network that it said would deliver $3 billion in annual savings.