The U.S. Postal Service announced several changes to its Priority Mail service, offering free insurance and tracking, and day-specific delivery of packages.
August 15, 2013Business
Postal Service Renews Call for Five-Day Delivery
The U.S. Postal Service said it has聽again asked Congress to allow for a five-day delivery schedule as part of its five-year business plan.
July 22, 2013Business
Postal Service Reports $1.9 Billion 2Q Loss
The U.S. Postal Service reported a $1.9 billion loss for its fiscal second quarter, compared with a $1.3 billion loss in the previous quarter, the New York Times reported Friday.
May 10, 2013Business
FedEx Signs Seven-Year Air Transportation Contract With U.S. Postal Service
FedEx Corp. said its FedEx Express subsidiary has entered into a new, seven-year express air transportation contract with the U.S. Postal Service.
April 24, 2013Business
Board Says Postal Service Can鈥檛 Cut Saturday Delivery
The U.S. Postal Service does not have legal authority to end Saturday mail delivery without authorization from Congress and must halt its plans to make that cut in August, its board said, Bloomberg News reported Wednesday.
April 10, 2013Business
GAO Says Postal Service Can鈥檛 Cut Saturday Service
The Government Accountability Office said the U.S. Postal Service doesn鈥檛 have the legal authority to stop Saturday delivery, Bloomberg News reported.
March 22, 2013Business
House Bill Would Continue Saturday Mail Delivery
A bill passed by the U.S. House of Representatives would ensure that the U.S. Postal Service continues Saturday mail service for the rest of the fiscal year, Rep. Jose Serrano (D-N.Y.) said.
March 7, 2013Business
UPS, FedEx Seek Postal Service Air Contract
As package giants UPS Inc. and FedEx Corp. jockey for a new billion-dollar U.S. Postal Service airmail contract, other carriers said they do not expect major changes if the agency鈥檚 plan to cut Saturday mail deliveries becomes reality.
March 4, 2013Business
Postal Service Plans to End Saturday Mail Delivery
The U.S. Postal Service plans to end Saturday mail delivery by as soon as August to cut financial losses, Bloomberg News reported Wednesday.
February 6, 2013Business
Postal Service Losing Government Business to Private Sector
The U.S. Postal Service is losing some government shipping business to private-sector companies such as FedEx Corp. and UPS Inc., Bloomberg News reported Wednesday.
January 23, 2013