Former XPO Executive to Become Next Postmaster General
A Republican fundraiser and political donor from North Carolina who also worked as an executive at XPO Logistics will be the next postmaster general.
May 7, 2020Trump Criticizes Postal Service, Says It Should Boost Rates for Amazon
President Donald Trump said the U.S. Postal Service is “a joke” and should quadruple the rate it charges major companies to ship a package, but is too frightened of Amazon .com Inc. to do so.
USPS Under Scrutiny on Wisconsin Ballot Delays
The United States Postal Service says that domestic deliveries of mail usually arrive in 1-3 business days. That’s not always the case, as is becoming clear to many of Wisconsin’s registered voters who requested absentee ballots that never arrived.
About 2,000 USPS Workers Are Quarantined Over Coronavirus Concerns
Around 2,000 U.S. Postal Service employees nationwide are in quarantine over concerns that they may have been exposed to coronavirus, and more than 60 have tested positive for the virus, according to the National Association of Letter Carriers and the Postal Service.
Holiday Returns Drive Demand for Reverse Logistics
Reverse logistics is part of retailers’ year-round operations, but returns ramp up during the holidays.
Postal Service Losses Up Even As Package Revenue Jumps 6.1%
The U.S. Postal Service saw revenue jump for the 2019 fiscal year ended Sept. 30, thanks largely to an increase in package volume.
Universal Postal Union Rejects Trump’s Favored Reform Plan
In a showdown Sept. 24 at a Universal Postal Union meeting, countries rejected the Trump administration’s favored approach to an international mail problem that is making the U.S. consider leaving the 145-year-old body.
Trade Feud May Impact Parcels From China
White House trade adviser Peter Navarro the week of Sept. 23 will lead a delegation to Geneva to try to reform the 145-year-old global system of coordinating postal policies, a method he says treats American companies unfairly.
Stamps.com Craters Without Postal Service Partnership
Stamps.com plunged 48% in pre-market trading May 9, poised to drop to a five-year low, after the company slashed its profit outlook for the full year, fueling investor concerns about its ability to protect margins in the absence of a key partnership with the U.S. Postal Service.
Forever Stamp Price Increase to 55 Cents Takes Effect
The cost of a Forever stamp jumped 10% this weekend — from 50 cents to 55 cents — as the U.S. Postal Service continues to struggle financially.