"I like to say that we got thrown overboard and into the water. But, instead of tossing us a life jacket, we were thrown an ...

USPS is reportedly planning its first-ever 8% fuel surcharge on packages starting April, as the agency faces a cash crisis ...

The head of the US Postal Service has warned lawmakers that the storied 250-year-old agency is at a “critical juncture” and ...

If it continues business as usual, the U.S. Postal Service is on track to run out of cash for paying its workers and vendors in about a year and may have to stop deliveries, Postmaster General David ...

The U.S. Postal Service can’t fix its finances through cuts alone, Postmaster General David Steiner said Friday. Steiner said the 150-year-old agency needs to expand its revenue base to restore ...

Add Yahoo as a preferred source to see more of our stories on Google. FILE - Postmaster General David Steiner speaks at an event marking the 250th anniversary of postal service's founding, July 23, ...

USPS, which delivers to more than 170 million U.S. addresses, has a borrowing cap of $15 billion and has already hit ​that limit.

The postmaster general warned Congress this week that the USPS would run out of money in 12 months if things don't change.

The U.S. Postal Service can’t fix its finances through cuts alone, Postmaster General David Steiner said Friday.Steiner said the 150-year-old agency needs to expand its revenue base to restore ...

The U.S. Postal Service's leader says it is set to run out of money in less than a year and may have to stop deliveries because of declining mail volume and what USPS sees as burdensome requirements.

The U.S. Postal Service can’t fix its finances through cuts alone, Postmaster General David Steiner said Friday. Steiner said the 250-year-old agency needs to expand its revenue base to restore ...