US Postal Service
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US Postal Service Proposes Price Increases and Retirement Fund Delays Amid Financial Challenges
The United States Postal Service has proposed price increases and delays in retirement fund payments as measures to address financial difficulties. These proposals follow an 8 percent surcharge on packages set to take effect later this month. The actions aim to manage ongoing fis…
Amazon Reaches New Delivery Agreement with US Postal Service
Amazon has announced a new agreement with the US Postal Service for package deliveries. Sources indicate the Postal Service will retain approximately 80% of its existing deliveries from Amazon, its largest customer. The deal comes amid financial challenges for the Postal Service.
US Postal Service Reaches Tentative Agreement with Amazon on Package Delivery Volumes
The U.S. Postal Service and Amazon have agreed to a tentative deal reducing Amazon's package volumes by 20 percent, avoiding a potential two-thirds cut. The agreement awaits approval from the Postal Regulatory Commission. Amazon accounted for 15 percent of USPS deliveries last ye…
ndtv.comUS Postal Service Suspends Pension Contributions and Proposes 4-Cent Stamp Price Increase
The United States Postal Service has suspended its employer contributions to federal employee retirement annuities to maintain liquidity amid a financial crisis. The agency proposed raising the price of First-Class Mail Forever stamps from 78 cents to 82 cents, effective July 12,…
US Postal Service Proposes 4-Cent Increase in First-Class Stamp Price to 82 Cents
The United States Postal Service has proposed raising the price of First-Class Mail Forever stamps from 78 cents to 82 cents, effective July 12 pending approval. The increases apply to letters, postcards, and other mailing services, aiming to address a severe financial crisis. Th…
Amazon Reaches New Delivery Agreement with US Postal Service
Amazon has entered into a new agreement with the US Postal Service for package delivery. The deal extends Amazon's use of USPS services through September 2025. It ensures continued delivery options for customers, particularly in rural areas.
Amazon Reaches Agreement with US Postal Service for Expanded Package Deliveries
Amazon has finalized a deal with the United States Postal Service to handle more than 1 billion package deliveries annually. This arrangement covers 80% of Amazon's existing business volume with USPS. The agreement aims to strengthen the partnership between the retailer and the p…